Truck dealership Rush Enterprises said its fourth-quarter net income fell to $5.1 million, or 14 cents a share, from $12.3 million, or 32 cents, a year ago.
February 11, 2009Search
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Jobless Claims Decline for Week
Initial jobless claims fell last week and continuing claims reached a new record the previous week, the Labor Department said Thursday.
February 12, 2009Business Inventories See Largest Decline Since 2001
Business inventories fell 1.3% in December, the fourth consecutive month of decline and the largest drop since 2001, the Commerce Department said Thursday.
February 12, 2009Oil Drops Below $34 a Barrel
Oil prices fell to near a five-year low Thursday, dropping almost $2 to below $34 a barrel as inventories rose to a seven-year high, Bloomberg reported.
February 12, 2009Wright Express Reports Higher 4Q Income
Wright Express Corp. said Wednesday its fourth-quarter earnings rose to $65.2 million, or $1.66 a share, from $4.6 million, or 11 cents, a year ago.
February 11, 2009Norfolk Southern, CN to Share Track, Freight in Midwest
Canadian National Railway and Norfolk Southern Corp. plan to create a “MidAmerica Corridor,” an agreement in which the railroads will share track and carry each other’s shipments in various routes in the Midwest, the railroads announced Tuesday.
February 11, 2009Wholesale Inventories Fall 1.4%
Wholesale inventories fell 1.4% in December, the Commerce Department said Tuesday.
February 10, 2009Express-1 Reports Higher 4Q Profit
Express-1 Expedited Solutions’ fourth-quarter profit rose to $587,000, from $457,000 a year ago, while its per-share income held at 2 cents.
February 11, 2009U.S. Trade Deficit Falls to Lowest Level Since 2003
The December U.S. trade deficit fell to the smallest level in almost six years, the Commerce Department said Wednesday.
February 11, 2009Pacer Reports Loss for 4Q, Year
Transportation and third-party logistics firm Pacer International said late Wednesday it took a fourth-quarter loss of $65.1 million, or $1.87 a share, compared with a profit of $20.6 million, or 59 cents, a year earlier.
February 11, 2009