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Volvo Reports 1Q Loss; Sees Lower Demand

Volvo AB Friday reported its second consecutive quarterly loss and predicted a decline in European and North American truck markets, Bloomberg reported.

April 24, 2009

March New ºÚÁϳԹÏÍø Sales Fall 0.6%

New home sales fell 0.6% in March, the Commerce Department said Friday.

April 24, 2009

Grocery Chain Supervalu Reports Fiscal 4Q Loss

Grocery chain Supervalu Inc. reported a loss for its fiscal fourth quarter ended Feb. 28, primarily on a goodwill charge, the Associated Press reported.

April 24, 2009

GM to Temporarily Close 13 U.S. Plants

General Motors Corp. will idle 13 U.S. assembly plants for several months this summer to trim inventory after U.S. sales fell 49% this year in the first quarter, Bloomberg reported.

April 24, 2009

Durable Goods Orders Decline 0.8%

Durable goods orders fell 0.8% in March, the Commerce Department said Friday.

April 24, 2009

Saia Takes 1Q Loss

Saia Inc. said Friday it lost $6.3 million in the first quarter “due to an unprecedented reduction in tonnage and increasing pricing pressure.â€

April 24, 2009

Letters: Rooftop Snow (Cont.), GVW Increase, Truck APUs

I agree with the letter writer’s arguments concerning the liability aspects of drivers on top of trailers unless proper fall safety equipment is used.

April 27, 2009

Ending Accounting Gimmicks

Legislation introduced by two prominent members of the Senate Finance Committee could go a long way toward taking the air out of some politicians’ stampede to raise short-term revenue by leasing out or selling public highways and other public assets.

April 27, 2009

Existing ºÚÁϳԹÏÍø Sales Fall 3%

Existing homes sales fell 3% in March, the National Association of Realtors said Thursday.

April 23, 2009

Canadian Pacific Reports Lower 1Q Income

Canadian freight railroad Canadian Pacific’s first-quarter net income fell 31.1% to C$62.5 million, or 39 cents a share, from C$90.7 million, or 59 cents a share a year earlier.

April 23, 2009