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Oshkosh’s Fiscal First-Quarter Earnings Slip; Sales Rise

Specialty truck maker Oshkosh Truck Corp.’s fiscal first-quarter profit fell to $41.2 million or 55 cents a share, from $53.1 million or 72 cents a year earlier, the company said Friday.

February 2, 2007

Patriot Transportation’s Fiscal 1Q Income Improves

Patriot Transportation Holding reported net income of $2.2 million or 69 cents a share for its fiscal first quarter, up from $1.9 million or 62 cents a year earlier.

February 2, 2007

Air Cargo Shipments Decline in December, Rise for Year

Air cargo shipments fell in December, led by a decline in domestic shipments, but they climbed for the year, the Air Transport Association said Friday.

February 2, 2007

Florida Storms Cause Accidents, Wreak Havoc in State

Big thunderstorms and tornadoes blew through central Florida Friday, killing as many as 19 people and causing accidents on interstates, including one that tossed a tractor-trailer airborne, news reports said.

February 2, 2007

ISM Manufacturing Index Shows Contraction in January

The Institute for Supply Management’s January manufacturing index showed a contraction, as factories reined in orders to trim inventories, ISM said Thursday.

February 1, 2007

Landstar System’s Fourth-Quarter Income Declines

Truckload carrier Landstar System’s fourth-quarter net income fell to $28.7 million or 50 cents a share, from $41.8 million or 70 cents a year earlier.

February 1, 2007

Old Dominion’s Fourth-Quarter Profit Rises

Less-than-truckload carrier Old Dominion Freight Line’s fourth-quarter profit rose 21.5% to $17.8 million or 48 cents a share, from $14.7 million or 39 cents a year earlier.

February 1, 2007

Target Logistics’ Fiscal Second-Quarter Income Dips

Freight forwarder Target Logistics’ fiscal second-quarter profit fell to $590,000 or 3 cents a share, from $976,000 or 5 cents in the previous second quarter.

February 1, 2007

Personal Spending Rises 0.7% in December

Consumer personal spending rose in December by the most in five months and personal incomes also rose, the Commerce Department said Thursday.

February 1, 2007

Initial Jobless Claims Fall 20,000 for Week

First-time U.S. jobless claims fell by 20,000 last week to 307,000, the Labor Department said Thursday.

February 1, 2007