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Continuing Jobless Claims Hit Record High

Continuing jobless claims reached a new record during the week ended Jan. 17, the Labor Department said Thursday.

January 29, 2009

New ºÚÁϳԹÏÍø Sales Fall 15% to Lowest Level on Record

December new home sales fell to the lowest level on record, the Commerce Department said Thursday.

January 29, 2009

Durable Goods Fall for Fifth Month

Durable goods orders fell for a fifth straight month in December, the Commerce Department said Thursday.

January 29, 2009

House Stimulus Measure Contains Little for Infrastructure

Only about 5% of the $819 billion stimulus package passed by the House Wednesday is dedicated to infrastructure such as highway, mass transit and rail projects, the Boston Globe reported.

January 29, 2009

USA Truck’s Fourth-Quarter Income Improves

Truckload carrier USA Truck said Thursday its fourth-quarter profit jumped to $0.6 million, or 6 cents a share, from a loss of $1.6 million, or 15 cents, a year ago.

January 29, 2009

Post Office Asks to Cut a Delivery Day

The U.S. Postmaster General asked a Senate subcommittee Wednesday to allow the U.S. Postal Service to reduce its six-days-a-week delivery schedule to five days, news services reported.

January 28, 2009

ODFL’s Fourth-Quarter Income Declines

Old Dominion Freight Line said its fourth-quarter net income fell 29.7% to $11 million, or 30 cents a share, from $15.7 million, or 42 cents, a year ago.

January 29, 2009

Arkansas Best Takes 4Q Loss

Arkansas Best Corp. reported a fourth-quarter loss and said it cut about 18% of its workforce, or about 1,100 jobs, in the quarter.

January 29, 2009

YRC Reports Loss for 4Q, Year

YRC Worldwide said late Thursday it lost $244 million in the fourth quarter and close to $1 billion last year.

January 30, 2009

J.B. Hunt’s Fourth-Quarter Income Declines

Truckload carrier J.B. Hunt Transport Services said Thursday its fourth-quarter net income fell to $53.3 million, or 41 cents a share, from $54.3 million, or 42 cents, a year ago.

January 30, 2009