Postal Service Loses $2.4 Bln in Fiscal 3Q
The U.S. Postal Service said that it lost $2.4 billion in its fiscal third quarter as mail volume continued to plummet.
August 6, 2009Wabash’s Second-Quarter Loss Widens
Trailer manufacturer Wabash National Corp. lost $17.9 million, or 59 cents a share, in the second quarter, compared with a loss of $3.2 million, or 11 cents, a year ago.
August 6, 2009Initial Jobless Claims Fall for Week
Initial jobless claims fell by 38,000 last week, the Labor Department said Thursday.
August 6, 2009Quality Reports $186 Million 2Q Loss
Tank truck carrier Quality Distribution reported a second-quarter loss of $186.2 million, or $9.58 per share, compared to income of $400,000, or 2 cents, a year ago.
August 5, 2009Obama Sets $2.4 Billion in Electric-Vehicle Grants
The Obama administration said Wednesday that 48 projects will share $2.4 billion in federal grants to encourage development and use of hybrid and electric vehicles, Bloomberg reported.
August 5, 2009TravelCenters’ 2Q Loss Widens
Truck stop chain TravelCenters of America said Wednesday its second-quarter loss widened to $15 million, or 90 cents per share, from $9.8 million, or 67 cents, a year ago.
August 5, 2009Evergreen Files for Chapter 11 Bankruptcy
Evergreen Transportation has filed for Chapter 11 bankruptcy protection, the truckload carrier said in a statement on its Web site.
August 5, 2009Factory Orders Improve in June
U.S. factory orders rose in June a third straight month, the Commerce Department said Wednesday.
August 5, 2009ISM Services Index Slips in July
The U.S. economy’s service sector showed a downturn in activity last month, the Institute for Supply Management said Wednesday.
August 5, 2009Xata Loss Narrows in Third Quarter
Transportation software firm Xata Corp. said Wednesday it lost $62,000, or 1 cent per share, in its fiscal third quarter, compared with a loss of $712,000, or 8 cents, a year ago.
August 5, 2009