A large storm system stretching from Arkansas into the Northeast has left roads with as much as three inches of ice in many areas, the Associated Press reported Wednesday.
January 28, 2009Search
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Norfolk Southern’s 4Q Profit Improves
Norfolk Southern Corp. said its fourth-quarter profit rose 13% on higher shipping costs, though its intermodal business declined.
January 28, 2009Landstar’s 4Q Income Slips
Truckload carrier Landstar System’s fourth-quarter profit fell to $24.6 million, or 47 cents a share, from $29 million, or 54 cents, a year ago.
January 28, 2009Knight’s Fourth-Quarter Profit Rises
Truckload carrier Knight Transportation’s fourth-quarter profit rose to $16.1 million, or 19 cents a share, from $13.8 million, or 16 cents, a year ago.
January 28, 2009Fed Holds Interest Rate at Record Low
The Federal Reserve voted Wednesday to keep a key U.S. interest rate at a record low “target range” of zero to 0.25%.
January 28, 2009Leading Indicators Rise 0.3% in December
An index of leading economic indicators rose 0.3% in December, marking the first gain in six months, the New York-based Conference Board said Thursday.
January 26, 2009Consumer Confidence Reaches New Record Low
Consumer confidence fell to a new record low in January, the Conference Board said Tuesday.
January 27, 2009Canadian Railroads’ 4Q Earnings Decline
Canada’s two major freight railroads reported lower fourth-quarter earnings on lower freight demand.
January 27, 2009C.H. Robinson’s 4Q Income Rises
Transportation and third-party logistics firm C.H. Robinson Worldwide said its fourth-quarter profit rose to $88.9 million, or 52 cents a share, from $85.3 million, or 49 cents, a year ago.
January 27, 2009Marten’s 4Q Income Improves
Refrigerated truckload carrier Marten Transport’s fourth-quarter net income rose to $5.8 million, or 27 cents a share, from $3 million, or 14 cents a year ago.
January 27, 2009