Con-way Inc. said its first-quarter loss decreased by 97% from a year ago as the freight and logistics markets improved.
May 6, 2010Search
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ISM Services Index Grows
The U.S. economy’s service sector grew in April for the fourth consecutive month, the Institute for Supply Management said Monday.
May 5, 2010Wabash National’s 1Q Operating Loss Narrows
Trailer manufacturer Wabash National Corp. said its first-quarter loss widened but its operating loss declined from the same quarter last year.
May 5, 2010Frozen Food Express 1Q Loss Narrows
Refrigerated carrier Frozen Food Express Industries narrowed its loss to $3.7 million, or 22 cents a share, in the first quarter, compared with a loss of $6.1 million, or 36 cents, a year ago.
May 5, 2010Wabco Reports Profit in 1Q
Wabco Holdings said Wednesday it earned a profit of $30.7 million, or 47 cents a share in the first quarter, compared with a loss of $36.4 million, or 57 cents, a year ago.
May 5, 2010Oil Falls Below $80
Oil dropped $2.77 Wednesday to close the day at a seven-week low on concerns about Greece’s financial crisis and the U.S. crude inventory, Bloomberg said.
May 5, 2010Pacer’s 1Q Loss Decreases
Transportation and third-party logistics firm Pacer International said it lost $500,000, or 1 cent per share, compared with a $177.4 million loss, or $5.1, a year earlier.
May 5, 2010Patriot’s Fiscal 2Q Earnings Improve
Tank and bulk carrier Patriot Transportation Holding’s fiscal second-quarter net income improved slightly to $1.44 million, or 46 cents per share, from $1.41 million, or 46 cents, a year ago.
May 5, 2010Tire Makers Boosting Prices
Several major commercial tire makers have set price increases due to higher materials and other costs.
May 6, 2010Factory Orders Rise in March
U.S. factory orders rose 1.3% in March, the Commerce Department said Tuesday.
May 4, 2010