CSX Corp. said its third-quarter earnings fell 23% from the same period last year but the railroad said the worst of the recession is over, the Associated Press reported.
October 14, 2009Search
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Fleetsource Buys Dover Diesel Service
Fleetsource LLC, which provides products and services to the medium- and heavy-duty truck fleets, said it acquired Dover Diesel Service, one of the largest independent Caterpillar and Cummins service dealers and parts providers in New Jersey.
October 13, 2009Import Prices Rise 0.1% in September
The price of goods imported to the United States edged up 0.1% in September, marking the fifth increase in six months, the Labor Department said Wednesday.
October 14, 2009Business Inventories Fall in August
Business inventories fell 1.5% in August, the largest drop so far this year, the Commerce Department said Wednesday.
October 14, 2009Retail Sales Fall 1.5%; Improve Excluding Automobiles
Retail sales fell 1.5% in September, though improved excluding automobiles, the Commerce Department said Wednesday.
October 14, 2009Port of Oakland Eyes Jan. 1 Ban on Older Trucks
The Port of Oakland’s board of commissioners is expected to give final approval next week to a measure that would ban older trucks beginning Jan. 1.
October 15, 2009Landstar’s Third-Quarter Profit Declines
Truckload carrier Landstar System said late Wednesday its third-quarter net income declined to $20.1 million, or 39 cents a share, from $32.8 million, or 62 cents, a year ago.
October 14, 2009Evans Network to Acquire Drayage, Brokerage Assets
The Evans Network of Companies said it will acquire some assets of Land Transportation and Phoenix Transit and Logistics.
October 14, 2009Quality Distribution Sells Tank-Wash Unit
Tank truck carrier Quality Distribution said it has sold tank wash unit Quala Systems for $13 million.
October 13, 2009YRC, Lenders Agree to Extension on Covenant
YRC Worldwide said it has finalized an agreement with its lenders to suspend payments to its covenant until Oct. 30.
October 13, 2009