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GM Takes $1.1 Billion First-Quarter Loss on Reduced Sales
General Motors Corp. reported Tuesday it lost $1.1 billion in the first quarter, its biggest quarterly loss since 1992, which it blamed on falling sales and reduced market share.
April 19, 2005Housing Starts Drop by 17.6%; Drop is Biggest in 14 Years
Housing starts fell 17.6% in March, the biggest drop in 14 years, the Commerce Department reported Tuesday.
April 19, 2005Producer Price Index Rises 0.7% in March
The Labor Department said Tuesday its producer price index rose 0.7% in March, and prices excluding food and energy rose just 0.1%.
April 19, 2005Supervalu's Earnings, Revenue Drop
Food retailer and wholesaler Supervalu Inc. reported Tuesday it earned $92.9 million or 65 cents a share for its 2005 fourth quarter ended Feb. 26, down from $95.6 million or 67 cents a share a year earlier.
April 19, 2005Security & Safety Briefs - April 7 - April 13
Senate Expected to Confirm Negroponte as Intelligence Chief • ATA Supports DHS Ruling on Rail Hazmat Placards • DHS Awards $141 Mln. in Transit-Security Grants • Truck Driver in Immigrant-Smuggling Case Facing New Trial • And more...
April 19, 2005Appeals Court Stays Enactment of D.C. Hazmat-Ban Law
A federal appeals court delayed implementation of a pending Washington, D.C., city law banning hazardous materials shipments, the court said in documents filed Tuesday.
April 19, 2005Goodyear to Raise Commercial Tire Prices in May
Goodyear North American Tire said it would raise the price of Goodyear, Dunlop and Kelly commercial tires by up to 6%, effective May 15.
April 19, 2005Port of Miami Withdraws Suit Over Truckers' Protests
The Teamsters union said Saturday that the Port of Miami and one of its terminals had withdrawn a lawsuit against drivers at the port who had protested at the facility last summer over high fuel prices, shutting it down for two weeks.
April 18, 2005Bandag’s Earnings Up; Sees Trucking Activity Improving
Tire retreader Bandag Inc. reported earnings of $6 million or 30 cents a share for the first quarter, compared with $4 million or 20 cents a year ago.
April 18, 2005Executive Dashboards: Fleet Activity at a Glance
Everyone who drives a truck glances frequently at the dashboard to check on speed, the fuel gauge and how vehicle systems are performing.
April 18, 2005