Goodyear Posts Loss; Sales Rise as Tire Maker Sees Stronger 2011
Goodyear Tire & Rubber Co. Thursday reported a fourth-quarter loss but projected 3% to 5% growth in tire sales this year and said it would close a Tennessee plant to cut costs.
February 10, 2011Vitran Reports Fourth-Quarter Loss
Vitran Corp. Thursday reported losses for the fourth-quarter and full year, though it posted positive income from operations for 2010.
February 10, 2011Wholesale Inventories Rise 1%
Wholesale inventories rose 1% in December, the Commerce Department said Thursday.
February 10, 2011Initial Jobless Claims Fall for Week
Initial jobless claims dropped by 36,000 last week, the Labor Department said Thursday.
February 10, 2011Pacer Reports 4Q Loss, Full-Year Profit; Sees Intermodal Growth in 2011
Pacer International reported a fourth-quarter loss but said it turned a profit for the full year.
February 10, 2011DOT Freight Transportation Index Rises 0.4%
The Department of Transportation’s freight transportation services index increased 0.4% in December from a year earlier, the 12th straight year-over-year gain.
February 9, 2011Wabash Reports Fourth-Quarter Profit
Trailer manufacturer Wabash National Corp. reported a fourth-quarter operating profit compared with an operating loss a year ago, as new trailer shipments topped the high end of the company’s expectations.
February 9, 2011Roadrunner Reports 4Q Profit
Roadrunner Transportation Systems reported a fourth-quarter profit compared with a loss a year ago, as less-than-truckload tonnage improved.
February 9, 2011DHL to Expand Cincinnati Airport Hub
Logistics firm DHL said it will spend $22.5 million to expand its hub at Cincinnati/Northern Kentucky International Airport, adding nine new aircraft gates.
February 9, 2011P.A.M. Reports Smaller Fourth-Quarter Loss
Truckload carrier P.A.M. Transportation Services said its fourth-quarter loss was smaller than a year ago.
February 9, 2011