Suppliers’ Quarterly Net Income Declines
Most leading suppliers to the trucking industry that reported earnings late last month said profits declined, or turned to losses, in the first three months of 2013.
May 6, 2013Diesel Price Slide Hits Ninth Week as U.S. Average Dips 3.6¢ to $3.851
The national diesel price average declined another 3.6 cents last week, continuing a two-month slide that has seen the average retail cost of trucking’s main fuel fall 30.8 cents in the past two months.
May 6, 2013Trucking Adds 11,700 Jobs as Unemployment Rate Drops to 7.5%
Trucking added 11,700 jobs in April as the U.S. unemployment rate fell to a four-year low 7.5%, the Labor Department reported.
May 3, 2013U.S. Highway Deaths Rose Last Year Following Six Years of Declines
The number of people killed on U.S. highways rose in 2012 following six years of consecutive declines, the longest streak in the nation’s history, Bloomberg News reported.
May 3, 2013Transportation Stocks Rise as Equities Markets Rally
Transportation stocks rose Friday as equities markets rallied following the government’s report that the unemployment rate fell to a four-year low 7.5%.
May 3, 2013YRC Posts Positive 1Q Operating Income for First Time in Six Years
YRC Worldwide Friday reported positive first-quarter operating income, the first time it has reported a first-quarter operating profit in six years.
May 3, 2013Factory Orders Drop 4% in March
Factory orders fell 4% in March, the biggest drop since August, the Commerce Department reported Friday.
May 3, 2013ISM Services Index Slips in April
An index of the U.S. economy’s service sector declined in April but showed continued expansion, the Institute for Supply Management said Friday.
May 3, 2013Intermodal Traffic Rises 2.1% for Week
U.S. rail intermodal traffic rose 2.1% last week from the same week a year ago to 247,569 units, the Association of American Railroads said.
May 3, 2013Component Makers Report Lower 1Q Results
Two component makers reported lower first-quarter results compared with the same period last year.
May 3, 2013