Consumer Confidence Drops
Consumer confidence declined this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
February 10, 2012UPS Boosts Dividend
UPS Inc. said late Thursday that its board of directors has raised the company’s quarterly dividend to 57 cents a share, from 52 cents.
February 10, 2012P.A.M. Turns Fourth-Quarter Profit
Truckload carrier P.A.M. Transportation Services reported a fourth-quarter profit after posting a loss in the same quarter last year.
February 9, 2012Daimler Trucks’ 4Q Earnings Rise
Daimler Trucks’ fourth-quarter earnings before interest and taxes rose 5% to 422 million euros ($569.7 million), reflecting a 22% increase in worldwide truck sales, parent company Daimler AG said.
February 9, 2012Pacer Swings to Fourth-Quarter Profit
Pacer International on Thursday reported a fourth-quarter profit, turning around a loss in the same quarter a year ago.
February 9, 2012RedStone Logistics Acquires Headhaul.com
Third-party logistics firm RedStone Logistics said it has acquired Headhaul.com, a logistics services company. Terms were not disclosed.
February 9, 2012Wholesale Inventories Rise in December
Wholesale inventories climbed 1% in December, the Commerce Department said Thursday.
February 9, 2012Jobless Claims Fall for Week
Initial jobless claims decreased last week, the Labor Department said Thursday.
February 9, 2012Roadrunner Posts Higher Profit for 4Q, Year
Roadrunner Transportation Systems reported higher fourth-quarter and full-year profits as truckload revenue surged.
February 9, 2012DOT Freight Index Hits All-Time High
The Department of Transportation on Wednesday said its freight transportation services index jumped 6.4% in December from a year ago and reached an all-time high.
February 8, 2012