Initial Jobless Claims Rise for Week
Initial jobless claims increased by 38,000 last week, the Labor Department said Thursday.
January 31, 2013Daimler Trucks to Cut 1,300 North American Production Jobs
Daimler Trucks plans to cut as many as 2,100 jobs worldwide to improve profitability, including as many as 1,300 production jobs in North America, Bloomberg News reported Wednesday.
January 30, 2013Arkansas Best Reports Fourth-Quarter Loss
Arkansas Best Corp. reported a $7.9 million fourth-quarter loss as flat revenue, tonnage and pricing were offset by higher costs.
January 30, 2013Saia’s 4Q Income More Than Doubles
Saia Inc. said Wednesday its fourth-quarter profit more than doubled on improved operational efficiencies.
January 30, 2013Meritor Reports Fiscal 1Q Loss
Meritor Inc. reported a loss for its fiscal first quarter, citing weaker conditions outside of North America.
January 30, 2013Scania’s 2012 Profit Drops on Lower Production
Swedish truck maker Scania AB reported its 2012 profit dropped 29% on lower production due to an economic decline in Europe, Bloomberg News reported Wednesday.
January 30, 2013Hub Group’s 4Q Profit Rises
Hub Group Inc.’s fourth-quarter profit rose 11% as its intermodal and truck brokerage operations improved.
January 30, 2013XRS Launches Fleet Optimization Platform for Mobile Devices
XRS Corp. said it has released a platform for fleet optimization and compliance that can run on more than 50 types of mobile devices.
January 29, 2013Consumer Confidence Drops in January
Consumer confidence dropped in January, the New York-based Conference Board said Tuesday.
January 29, 2013Werner’s 4Q Net Income Falls
Werner Enterprises said its fourth-quarter net income fell 12% from a year ago because of softer freight demand.
January 29, 2013