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DaimlerChrysler’s Earnings Fall; Truck Sales Remains Strong

DaimlerChrysler AG said Thursday its first-quarter net income fell but its truck sales surged.

April 28, 2005

BNSF Reports Higher 1Q Income, Record Revenue

Burlington Northern Santa Fe Corp. Thursday reported first-quarter net earnings of $321 million or 83 cents a share, up from $193 million or 52 cents a year earlier.

April 28, 2005

GDP Grew at 3.1% in First Quarter, Commerce Reports

Click here to write a Letter to the Editor. he U.S. economy grew at an annual rate of 3.1% in the first quarter, down from a revised fourth-quarter rate of 3.8%, the Commerce Department said Thursday.

April 28, 2005

Initial Jobless Claims Rise by 21,000

The number of U.S. workers filing for initial unemployment benefits rose by 21,000 in the week ended April 23, reversing three straight weeks of declines, the Labor Department said Thursday.

April 28, 2005

Target Logistics Reports Improved 3Q Profit

Target Logistics Inc. reported net income for its fiscal third quarter ended March 31 was $264,894 or 1 cent per share, compared with $114,981 or 1 cent a year earlier.

April 28, 2005

RailAmerica Earnings Increase

Short-rail line RailAmerica Inc. reported first-quarter earnings of $6.2 million or 16 cents a share, up from $1.3 million or 4 cents a year ago.

April 28, 2005

Paccar to Raise Quarterly Dividend

Truck maker Paccar Inc. increased the company’s regular quarterly cash dividend 5% to 21 cents a share, payable June 6 to stockholders of record as of May 19.

April 28, 2005

Landstar to Buy Up to 2 Million Shares of Its Stock

Landstar System Inc. said late Thursday its board had authorized the company to buy up to an additional 2 million shares of its stock “from time to time in the open market and in privately negotiated transactions.â€

April 28, 2005

CSX Reports Jump in First-Quarter Income

Eastern freight railroad CSX Corp. reported its first-quarter income jumped to $579 million or $2.56 a share, up from $30 million or 14 cents a year earlier.

April 28, 2005

Nafta Surface Trade Rose 11.3% in February

Surface trade among the U.S., Canada and Mexico rose 11.3% in February to $53.6 billion, the Department of Transportation reported Thursday.

April 28, 2005