Con-way Inc. said its first-quarter loss decreased by 97% from a year ago as the freight and logistics markets improved.
May 6, 2010Search
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Productivity Continues to Increase
U.S. workers’ productivity rose at an annual rate of 3.6% in the first quarter, the smallest in a year, Labor Department said Thursday.
May 6, 2010Xata Reports Loss in Fiscal 2Q
Transportation software firm Xata Corp. said it lost $402,000, or 23 cents per share, in its fiscal second quarter, compared with a profit of $91,000, or 5 cents, a year ago.
May 6, 2010Expeditors’ 1Q Profit Improves
Logistics firm Expeditors International of Washington’s first-quarter profit rose to $61.3 million, or 29 cents a share, from $59.3 million, or 28 cents, a year ago.
May 6, 2010Connecticut Passes Snow-Removal Law
Connecticut lawmakers have adopted a measure that could net drivers of trucks and cars $75 fines for not removing snow and ice from their vehicles — and fines of as high as $1,250 if ice or snow flies off and causes damage or injury.
May 6, 2010ISM Services Index Grows
The U.S. economy’s service sector grew in April for the fourth consecutive month, the Institute for Supply Management said Monday.
May 5, 2010Wabash National’s 1Q Operating Loss Narrows
Trailer manufacturer Wabash National Corp. said its first-quarter loss widened but its operating loss declined from the same quarter last year.
May 5, 2010Frozen Food Express 1Q Loss Narrows
Refrigerated carrier Frozen Food Express Industries narrowed its loss to $3.7 million, or 22 cents a share, in the first quarter, compared with a loss of $6.1 million, or 36 cents, a year ago.
May 5, 2010Wabco Reports Profit in 1Q
Wabco Holdings said Wednesday it earned a profit of $30.7 million, or 47 cents a share in the first quarter, compared with a loss of $36.4 million, or 57 cents, a year ago.
May 5, 2010Oil Falls Below $80
Oil dropped $2.77 Wednesday to close the day at a seven-week low on concerns about Greece’s financial crisis and the U.S. crude inventory, Bloomberg said.
May 5, 2010