Truckload carrier Landstar System said late Wednesday its second-quarter net income fell to $17.9 million, or 35 cents a share, from $29.8 million, or 56 cents, a year ago.
July 16, 2009Search
Showing 10 of 74747 results
= Premium Content
Industrial Production Decline Slows in June
Industrial production fell in June at the slowest pace in eight months, the Federal Reserve said Wednesday.
July 15, 2009New York Manufacturing Index Improves in July
Manufacturing activity in the New York region contracted at the slowest pace in more than a year, the Federal Reserve Bank of New York said Wednesday.
July 15, 2009Consumer Price Index Increases 0.7%
The consumer price index gained 0.7% in June, the biggest jump since July 2008, the Labor Department said Wednesday.
July 15, 2009Opinion: The Fatigue Checklist — Scant Science
Get a group of truckers together anywhere in this country, and Minnesota’s “Fatigued Driving Evaluation Checklist” is bound to come up. The 75-item list gained national prominence when the Owner-Operator Independent Drivers Association sued the Minnesota State Patrol in federal court in an attempt to stop its use.
July 17, 2009Carter Logistics Opens Cross-Dock in Mich.
Third-party logistics firm Carter Logistics said it has opened a new cross-dock facility in Romulus, Mich.
July 15, 2009Yucaipa Cos. Acquires 49% Stake in Eimskip Cold Storage Business
The Yucaipa Cos., a private equity firm, bought a 49% stake in Versacold International Corp., an operator of temperature-controlled warehouses, from Icelandic shipping and logistics company Hf. Eimskipafelag Islands, or Eimskip.
July 15, 2009CEVA Recruits Ryan as First COO
CEVA Logistics has appointed Matthew Ryan its first chief operating officer, the company announced on July 2. He will manage the company’s global operations team and be responsible for global procurement, CEVA said.
July 14, 2009Oil Tops $61 Following DOE Inventory Report
Oil rose by the most in six weeks Wednesday following a Department of Energy report that showed declines in crude stockpiles and a modest uptick in diesel demand, Bloomberg reported.
July 15, 2009Fed Minutes Show Concern on Economy, Tight Credit
Federal Reserve officials judged the economy to be at risk from further shocks when they met last month and kept a key interest rate at an all-time low, according to minutes of the meeting released Wednesday.
July 15, 2009