Durable Orders Decline 0.7% in October
Durable goods orders declined 0.7% in October as demand for aircraft and business equipment dropped, the Commerce Department said Wednesday.
November 23, 2011Personal Spending Increases 0.1% in October
Consumer personal spending edged up 0.1% in October, the Commerce Department said Wednesday.
November 23, 2011Werner Declares Special Dividend
Werner Enterprises said its board of directors has declared a special cash dividend of 50 cents per share in addition to the company’s regular quarterly dividend of 5 cents.
November 23, 2011Jobless Claims Rise for Week
Initial jobless claims increased by 2,000 last week to 393,000, the Labor Department said Wednesday.
November 23, 2011Trailer Bridge Reports Third-Quarter Loss
Trailer Bridge Inc. reported a third-quarter loss of $1.9 million, or 16 cents per share, compared to net income of $6,900, or zero cents, a year ago.
November 22, 2011Truck Tonnage Rises 5.7% in October
Truck tonnage rose 5.7% in October from a year ago, the 23rd consecutive month of year-over-year growth, American Trucking Associations said Tuesday.
November 22, 2011Diesel Tops $4 for First Time Since May; Gasoline Drops 6.8¢ to $3.368 a Gallon
Diesel rose 2.3 cents to $4.01 a gallon, the first time it has topped $4 in more than six months, the Department of Energy reported.
November 22, 2011LaHood Hits Deficit Panel
U.S. Transportation Secretary Ray LaHood said the nation could face cuts in transportation infrastructure funding after the Congressional supercommittee’s failure to reach an agreement on deficit reduction.
November 22, 2011ABF Eyes Acquisition, New Services, Incoming President Slagle Says
ATLANTA — ABF Freight System is evaluating the addition of new service offerings and a possible acquisition at the corporate level, the incoming president of the less-than-truckload carrier said here last week.
November 22, 2011Washington DOT Keeps Authority to Set Toll Rates
The Washington State Department of Transportation will continue to be allowed to set toll rates without legislative approval after voters narrowly rejected a measure that would have restricted toll changes.
November 22, 2011