Truckload carrier Landstar System’s first-quarter net income rose to $23.7 million, or 45 cents a share, from $21.6 million, or 38 cents, a year earlier.
April 17, 2008Search
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Leading Economic Indicators Rise in March
An index of leading economic indicators rose 0.1% last month, the first increase in six months, the New York-based Conference Board said Thursday.
April 17, 2008Oil Continues to Climb, Topping $116 a Barrel
Oil prices hit yet another record high Friday, toping $116 a barrel on concerns that an earthquake centered in Illinois could affect refinery operations, Bloomberg reported.
April 18, 2008Hino Shifting Medium-Duty Work to W. Va.
Hino Motors Ltd. said it will halt assembly of trucks in California and shift the work to a West Virginia factory to consolidate U.S. production, Bloomberg reported.
April 17, 2008Initial Jobless Claims Rise by 17,000 for Week
Initial jobless claims rose by 17,000 last week, the Labor Department said Thursday.
April 17, 2008Grocery Chain Supervalu Reports Record Earnings
Grocery chain Supervalu Inc. said Thursday its fiscal fourth-quarter sales and earnings reached records.
April 17, 2008USA Truck Reports $1.9 Million Loss
Truckload carrier USA Truck said Thursday it lost $1.9 million in the first quarter, due to “sluggish freight demand.â€
April 17, 2008Dana Names Gary Convis CEO
Parts supplier Dana Holding Corp. said Thursday it named retired Toyota Motor Corp. executive Gary Convis its new chief executive officer.
April 17, 2008Trucking Stocks Fall Following Earnings Reports
Trucking stocks fell Thursday, as investors reacted to slumping first-quarter earnings from several trucking firms, the Associated Press reported.
April 17, 2008Canadian Factory Shipments Improve
Canadian factory shipments rose twice as quickly as anticipated in February on a jump in automobile production after shutdowns late last year, Bloomberg reported Wednesday.
April 16, 2008