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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, 2006Ohio 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, 2006Third 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, 2006GM, 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, 2006Diesel 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, 2006FedEx, 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, 2006Frozen 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, 2006ISM Manufacturing Index Gains in July
The Institute for Supply Management’s manufacturing index gained in July, the group said Tuesday.
August 1, 2006U.S. Construction Spending Rises 0.3% in June
Construction spending rose 0.3% in June, the Commerce Department said Tuesday.
August 1, 2006Personal 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