Freight railroad CSX Corp. said its second-quarter profit fell 20% as fuel surcharges and shipments dropped.
July 14, 2009Search
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Business Inventories Fall 1%
Business inventories fell 1% in May, marking the ninth consecutive decline, the Commerce Department said Tuesday.
July 14, 2009Producer Price Index Rises 1.8%
Prices paid to U.S. producers jumped 1.8% in June, led by higher fuel costs, the Labor Department said Tuesday.
July 14, 2009Retail Sales Rise 0.6% in June
Retail sales rose 0.6% in June, led by gains in automobile and fuel purchases, the Commerce Department said Tuesday.
July 14, 2009YRC, Teamsters Reach Tentative Deal on Additional Cost Cuts
YRC Worldwide and the Teamsters union have reached a tentative agreement that would reduce wages another 5% and set other cuts that would save the company about $870 million, while giving the union an option for more company stock.
July 15, 2009J.B. Hunt’s 2Q Income Falls by Half
J.B. Hunt Transport Services’ second-quarter net income fell 52.5% to $24.1 million, or 19 cents per share, from $50.6 million, or 39 cents, a year earlier.
July 15, 2009ATA Testifies on Concerns About Climate-Change Legislation
An American Trucking Associations official told a Senate committee Tuesday that climate-change legislation would impose significant costs on American consumers.
July 14, 2009Heartland Reports Improved 2Q Profit
Truckload carrier Heartland Express said its second-profit rose 2.2% from a year ago.
July 15, 2009ATA, State Truck Groups to Provide VMRS
American Trucking Associations has replaced J.J. Keller & Associates as the provider of Vehicle Maintenance Reporting Standards products.
July 13, 2009E&MU: TMC Fleets Seek Sources of Truck Fires
Fleet reports of highway tractors bursting into flames, on the road or while parked, raise questions of whether a trend is showing itself and leave only hints as to common causes.
July 14, 2009