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April Retail Sales Rise 1.4%, Ahead of Forecasts
April retail sales rose 1.4%, the Commerce Department reported Thursday, twice what economists had predicted.
May 12, 2005
TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
U.S. Jobless Claims Rise 4,000 for Week
The number of U.S. workers filing for initial unemployment benefits rose by 4,000 the week ended May 7, the third week of increases following three weeks of declines, the Labor Department said Thursday.
May 12, 2005Senate Backs $295 Bln. Highway-Spending Level
Senate Republicans joined Democrats Wednesday in rejecting a spending ceiling set by the White House for a six-year highway and mass-transit funding bill, news services reported.
May 12, 2005Werner Enterprises Boosts Dividend
Truckload carrier Werner Enterprises Inc. said Wednesday it was raising its quarterly dividend payment to 4 cents from 3.5 cents, a 14% increase.
May 11, 2005Accuride Reports Profit for First Quarter Since Going Public
Commercial vehicle component maker Accuride Corp., which went public April 26, reported first-quarter earnings Wednesday of $200,000 or 1 cent per share.
May 11, 2005Covenant Transport Authorizes Repurchase of 1.3 Mln. Shares
Covenant Transport Inc. said Wednesday its board had authorized it to repurchase up to 1.3 million shares of stock.
May 11, 2005Senate Passes Tolls Amendment to Highway Bill
The Senate late Tuesday passed an amendment to the federal highway bill that would eliminate a 3-state toll pilot program created in 1998, American Trucking Associations reported on its Web site.
May 11, 2005Industry Opposes Proposal Requiring Tank Trucks to Purge Pipes
Industry leaders unanimously decried a proposed federal rule that would require thousands of tank trucks to be retrofitted with equipment to purge the pipes used for the unloading and loading of flammable liquids.
May 11, 2005Security & Safety Briefs - May 5 - May 11
Traffic Congestion Worsening, Study Says • California Unveils Seat Belt Campaign • Drunken Driver Gets Life Sentence • Web Breach Might Have Been More Widespread
May 11, 2005U.S. Trade Deficit Drops in March
The U.S. trade deficit fell to $55 billion in March from an all-time high of $61 billion in February, the Commerce Department reported Tuesday.
May 11, 2005