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Volvo's Profit Drops; CEO Forecasts Higher Costs
Volvo AB reported an unexpected decline in fourth-quarter profit as costs rose to meet stricter pollution standards, Bloomberg reported Friday.
February 3, 2006Indiana House Approves $3.85 Bln. Toll-Road Privatization Plan
Click here to write a Letter to the Editor. he Indiana House approved legislation Wednesday giving Gov. Mitch Daniels (R) authority to lease the Indiana Toll Road to a Spanish-Australian consortium for 75 years in exchange for $3.85 billion to be invested in road projects around the state.
February 2, 2006President's Alternate-Fuel Plan Would Require More Infrastructure
Click here to write a Letter to the Editor. resident Bush’s pitch to run more cars and trucks using alternative fuels like biodiesel and ethanol may be hampered by a scarcity of supply, USA Today reported Thursday.
February 2, 2006Landstar’s Fourth-Quarter Income, Revenue Reach Records
Click here to write a Letter to the Editor. ruckload carrier Landstar System said Thursday it earned a record $43 million or 72 cents a share in the fourth quarter, up from $24.6 million or 40 cents a year earlier.
February 2, 2006Dana Says SEC Opens Formal Investigation
Click here to write a Letter to the Editor. ehicle-parts supplier Dana Corp. Wednesday said the Securities and Exchange Commission is formally investigating financial restatements that forced the company to restate some earnings, Bloomberg reported.
February 2, 2006Productivity Declines to 0.6% Rate in Fourth Quarter
Click here to write a Letter to the Editor. .S. workers’ productivity fell at a 0.6% annual rate in the fourth quarter, the Labor Department said Thursday, the weakest quarter for growth in nearly three years.
February 2, 2006Jobless Claims Fall for Week, Labor Reports
Click here to write a Letter to the Editor. he number of workers filing initial unemployment claims fell by 11,000 last week to 273,000, the lowest level in almost five years, the Labor Department said Thursday.
February 2, 2006Oshkosh’s 1Q Earnings Climb; Company Raises ’06 Forecast
Click here to write a Letter to the Editor. pecialty truck maker Oshkosh Truck Corp. reported Thursday it earned $53.1 million or 72 cents a share for its first fiscal quarter ended Dec. 31, up from $40.6 million or 56 cents a year ago.
February 2, 2006Security & Safety Briefs - Jan. 26 - Feb. 1
N.J. Issues Hazwaste Transport Fee Refunds • Bottlenecks Costing Trucking Billions, Study Says • Connecticut Sets New Safety Measures
February 1, 2006Construction Spending Jumps 1% in December
Click here to write a Letter to the Editor. onstruction spending rose a full 1% in December, the sixth straight increase, the Commerce Department reported Wednesday.
February 1, 2006