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Fed's 'Beige Book' Cites Continued Strong Economic Activity

The U.S. economy has continued to grow in recent weeks, supported by gains in manufacturing, housing and services such including trucking, the Federal Reserve said July 27 in its regional survey.

July 27, 2005

Patriot Reports Lower Earnings for Its Third Quarter

Patriot Transportation Holding said late Tuesday that its third fiscal quarter earnings for the period ended June 30 were $2.1 million or 69 cents a share, compared with $10.9 million or $3.68 a year earlier.

July 27, 2005

C.H. Robinson’s Income, Revenue Rise in Second Quarter

Logistics provider C.H. Robinson Worldwide said late Tuesday its net income for the second quarter increased almost 53% to $49.3 million or 57 cents a share, up from $32.3 million or 37 cents a year earlier.

July 27, 2005

ATA Reports June Truck Tonnage Index Fell 0.2%

Click here to write a Letter to the Editor. verall for-hire trucking freight volumes fell 0.2% in June on a seasonally adjusted basis, American Trucking Associations said Tuesday.

July 27, 2005

Norfolk Southern Reports Record 2Q Earnings, Revenue

Eastern freight railroad Norfolk Southern Corp. reported Wednesday that it earned a record $424 million or $1.04 a share in the second quarter, compared with $213 million or 54 cents a year earlier.

July 27, 2005

CSX Reports Higher Second-Quarter Earnings

Click here to write a Letter to the Editor. astern freight railroad CSX Corp. reported Wednesday that its second-quarter income rose to $165 million or 73 cents a share, from $119 million or 53 cents a year earlier.

July 27, 2005

Retail Diesel Price Drops a Nickel to $2.342

The average retail price of diesel fuel fell for a second straight week, dropping 5 cents to $2.342 a gallon, the Department of Energy said Monday.

July 26, 2005

Transport Corp. of America’s 2Q Profit Drops

Truckload carrier Transport Corp. of America said Tuesday its second-quarter earnings fell to $514,000 or 8 cents a share, down from $795,000 or 12 cents a year earlier.

July 26, 2005

Consumer Confidence Index Falls in July

The Conference Board said Tuesday its index of U.S. consumer confidence fell unexpectedly in July to a 103.2 reading, from June’s 106.2, as gasoline prices surged to a record.

July 26, 2005