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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, 2010

Xata 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, 2010

Expeditors’ 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, 2010

Connecticut 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, 2010

ISM 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, 2010

Wabash 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, 2010

Frozen 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, 2010

Wabco 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, 2010

Oil 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

Con-way’s First-Quarter Loss Narrows

Con-way Inc. said its first-quarter loss decreased by 97% from a year ago as the freight and logistics markets improved.

May 6, 2010