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Philadelphia Manufacturing Index Rises to 25.3

Manufacturing in the Philadelphia area rose to 25.3, a Federal Reserve report said Thursday. Orders and shipments also accelerated.

April 21, 2005

Fords 1Q Profit Drops; Automaker Plans Production Cuts

Ford Motor Co. reported its first-quarter earnings fell 38.5% to $1.2 billion or 60 cents a share, compared with $1.95 billion or 94 cents for the same period last year.

April 20, 2005

Caterpillar Reports Higher Earnings on Increased Engine Sales

Heavy equipment and engine maker Caterpillar Inc. said its first-quarter income rose to $581 million or $1.63 a share, from $420 million or $1.19 a year earlier.

April 20, 2005

Danas Earnings Drop 72%; Company Cites High Steel Prices

Heavy-duty component supplier Dana Corp. said Wednesday it earned $18 million or 12 cents a share in the first quarter, down 72% from last years $65 million or 43 cents a share.

April 20, 2005

Consumer Price Index Rises 0.6% in March

Prices paid by consumers rose 0.6% in March, with the so-called core consumer price index, which excludes food and energy, rising 0.4%, the Labor Department reported Wednesday.

April 20, 2005

XRG Names New Chief Executive Officer

Truckload and logistics firm XRG Inc. said Wednesday its board appointed Richard Francis the companys new chief executive officer, effective immediately.

April 20, 2005

NHTSA Again Delays Truck-Braking Rule

The National Highway Traffic Safety Administration has again postponed its revised heavy-duty truck stopping-distance rule, saying it needed to spend more time on a cost-benefit analysis of the proposal.

April 20, 2005

Florida Bill Limits Left-Lane Use

A bill requiring motorists on Florida highways to stay out of the far left lane, except when passing another vehicle, was approved by both branches of the state Legislature April 7 and expected shortly at the governors office, an official with the states Office of Policy and Budget said.

April 20, 2005

SCS Transportation Reports Higher 1Q Revenue, Income

SCS Transportation Inc. reported a first-quarter profit of $4 million or 26 cents a share, up from $2.6 million or 17 cents a year earlier.

April 20, 2005

Knights Income and Revenue Rise in First Quarter

Truckload carrier Knight Transportation Inc. said late Wednesday its net income for the first quarter was $12.8 million or 22 cents per share, compared with $9.3 million or 16 cents a year earlier.

April 20, 2005