Old Dominion Freight Line on Wednesday raised its second-quarter and full-year earnings outlook, citing improved tonnage.
July 16, 2008Search
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Sterling to Cut Shift, Lay Off 720 Workers at Ontario Plant
Sterling Trucks plans to eliminate one of two shifts and lay off 720 workers in Ontario in November, the Canadian Press reported Thursday.
July 18, 2008Industrial Production Gains 0.5%
Industrial production rose 0.5% in June, the Federal Reserve said Wednesday.
July 16, 2008Business Inventories Rise 0.3%
Business inventories rose 0.3% in May, the Commerce Department said Tuesday.
July 15, 2008June CPI Jumps 1.1%; Increase Is Biggest in 26 Years
Consumer prices jumped 1.1% in June, the biggest monthly increase in 26 years, the Labor Department said Wednesday.
July 16, 2008CSX Reports Higher Second-Quarter Income
Eastern freight railroad CSX Corp. said its second-quarter net income rose 19% to $385 million, or 93 cents a share, from $324 million, or 71 cents, a year ago.
July 16, 2008NHTSA Chief Nicole Nason to Step Down in August
Nicole Nason, administrator of the National Highway Traffic Safety Administration, told Transportation Secretary Mary Peters she plans to leave the agency in August, the Associated Press reported.
July 17, 2008Landstar’s 2Q Profit, Revenue Rise
Truckload carrier Landstar System said late Wednesday its second-quarter profit rose slightly, while revenue jumped 10%.
July 17, 2008CVSA Sets Safety-Belt Awards
The Commercial Vehicle Safety Alliance has implemented an award program to recognize the significance of safety belts in preventing death and reducing injuries.
July 14, 2008Port of Los Angeles Opens Third TWIC Signup Center
To boost lagging enrollments in the Transportation Worker Identification Credential program at Southern California ports, the Port of Los Angeles has opened a new enrollment center close to the adjacent Port of Long Beach.
July 15, 2008