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Kansas City Southern Turns Second-Quarter Profit

Rail line Kansas City Southern reported Wednesday it earned $19.2 million or 24 cents a share, compared with a loss of $27.3 million or 33 cents a year earlier.

August 2, 2006

Ohio Commission Approves Hearings on Higher Tolls

The Ohio Turnpike Commission has authorized public hearings on rate hikes for most vehicles, including trucks, that use the 241-mile toll road, the Associated Press reported.

August 2, 2006

Third Named Tropical Storm Pushes Oil Past $75 a Barrel

Crude oil prices pushed to more than $75 a barrel Tuesday as a third named tropical storm formed and a strong heat wave moved across the United States, Bloomberg reported.

August 1, 2006

GM, Ford Report Declines In July Car, Truck Sales

General Motors Corp. and Ford Motor Co. each said Tuesday their July vehicle sales fell sharply from last year, with the biggest declines in trucks and sport utility vehicles, the Associated Press reported.

August 1, 2006

Diesel Continues to Climb, Rising 3.4 Cents to $2.98 a Gallon

The average national price of retail diesel fuel continued its climb, gaining 3.4 cents from last week to $2.98 a gallon, the Energy Department reported Monday.

August 1, 2006

FedEx, Postal Service Extend Air Contract Through 2013

The U.S. Postal Service and FedEx Corp. unit FedEx Express said Tuesday they have agreed to a new contract for domestic air transportation of postal express shipments, to run through September 2013.

August 1, 2006

Frozen Food Express’ Second-Quarter Income Declines

Refrigerated truckload carrier Frozen Food Express Industries reported Tuesday its second-quarter income fell to $2.1 million or 11 cents a share, from $5.8 million or 31 cents a year ago.

August 1, 2006

ISM Manufacturing Index Gains in July

The Institute for Supply Management’s manufacturing index gained in July, the group said Tuesday.

August 1, 2006

U.S. Construction Spending Rises 0.3% in June

Construction spending rose 0.3% in June, the Commerce Department said Tuesday.

August 1, 2006

Personal Spending Rises 0.4% in June; Inflation Rises

Consumer personal spending rose 0.4% in June, the smallest gain this year, the Commerce Department said Tuesday.

August 1, 2006