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J.B. Hunt Earnings, Revenue Increase in 3Q
Truckload carrier J.B. Hunt Transport Services reported Friday that it earned $57.8 million or 39 cents a share, up from $39.8 million or 25 cents a year ago.
October 13, 2006Retail Sales Decline 0.4% in September
U.S. retail sales fell 0.4% in September, the Commerce Department reported Friday.
October 13, 2006September Import Prices Fall
The price of goods imported to the United States fell 2.1% in September, the first decline in six months, the Labor Department said Friday.
October 13, 2006Burlington Northern, CSX to Jointly Develop Rail Corridor
Rail carriers Burlington Northern Sante Fe and CSX Corp. are planning to create a new rail corridor that will connect California and the Southeastern states, Bloomberg reported Thursday.
October 13, 2006Letters to the Editor: Hot Diesel
Click here to write a Letter to the Editor. hank you for continuing to cover the hot fuel story that was printed in the Kansas City Star, Aug. 27-30. Your most recent article helps support the idea that this topic deserves an open and complete analysis by the trucking industry.â€
October 13, 2006Bush Signs Port Security Legislation
President Bush signed on Friday new legislation to increase security at U.S. ports, the Associated Press reported.
October 13, 2006MAN Purchases 14.3% Stake in Scania
Germany’s MAN AG purchased 14.3% of rival Swedish truck maker Scania’s voting rights at a cost of $1.76 billion in a bid to gain leverage in its ongoing effort to create an alliance between itself, Scania and Volkswagen AG, Bloomberg reported Thursday.
October 12, 2006Va. Transportation Board Approves I-81 Rail Study
Virginia’s Commonwealth Transportation Board approved on Thursday a study to ease traffic on Interstate 81 by transferring more freight to rails, the Associated Press reported.
October 12, 2006Initial Jobless Claims Rise 4,000 for Week
First-time U.S. jobless claims rose 4,000 to 308,000 last week, the Labor Department said Thursday.
October 12, 2006U.S. Trade Deficit Rises to Record $69.9 Billion
The U.S. trade deficit rose to a record $69.9 billion in August on soaring imports that widened the shortfall with China to an all-time high, the Commerce Department said Tuesday.
October 12, 2006