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Rail, Intermodal Traffic Fall for Week

Rail and intermodal traffic fell for the week ended Jan. 17 from a year ago, the Association of American Railroads said.

January 22, 2009

Housing Starts Reach Record Low

New housing starts fell to a record low last month, the Commerce Department said Thursday.

January 22, 2009

Jobless Claims Rise for Week

Initial jobless claims rose last week by 62,000 claims, to 589,000 for the week ended Saturday, the Labor Department said Thursday.

January 22, 2009

Celadon Reports Flat 2Q Income

Truckload carrier Celadon Group said its fiscal second-quarter profit was unchanged at $1.7 million, or 8 cents a share, from a year ago.

January 22, 2009

Union Pacific’s 4Q Profit Jumps 35%

Union Pacific Corp. said Thursday its fourth-quarter profit rose 35% to $661 million, or $1.31 per share, from $491 million, or 93 cents per share, last year.

January 22, 2009

UPS Survey Shows Small Businesses Optimistic About Future

A survey sponsored by UPS Inc. shows that small business owners are optimistic about the financial future, despite harsh economic times, the company said Wednesday.

January 21, 2009

Cummins Emissions Unit Sets Partnership; Will Close Wisconsin Plant

Cummins Inc. unit Cummins Emission Solutions said it will partner with a technology company for 2010 engine controls and that it will close a Wisconsin plant.

January 21, 2009

Obama Mentions Roads in Inaugural Address

President Barack Obama made a passing mention of roads in his inaugural address Tuesday.

January 21, 2009

Eaton Plans 5,200 More Job Cuts

Components maker Eaton Corp. said it plans to cut 5,200 jobs worldwide following its 3,400 job cuts last year, due to lower demand, Bloomberg reported Wednesday.

January 21, 2009

CSX’s Fourth-Quarter Income Slips

CSX Corp. said its fourth-quarter profit fell from a year ago, largely due to a non-transportation-related writedown.

January 21, 2009