Intermodal, Rail Traffic Drop for Week
Intermodal rail traffic in the United States fell 17.9% last week compared with the same week last year, the Association of American Railroads said.
July 31, 2009P.A.M. Reports $2.4 Million Second-Quarter Loss
Truckload carrier P.A.M. Transportation Services reported a second-quarter loss of $2.4 million, or 25 cents per share, compared with a loss of $1.3 million, or 14 cents, a year ago.
July 31, 2009Intermec’s Fourth-Quarter Profit Declines
Supply chain technology firm Intermec Inc. reported a second-quarter loss of $6.5 million, or 11 cents a share, down from a profit of $7.7 million, or 13 cents, a year ago.
July 31, 2009Second-Quarter GDP Contracts 1%
The U.S. economy contracted at an annual rate of 1% in the second quarter after the worst contraction in 27 years, the Commerce Department said Friday.
July 31, 2009YRC Reports $255 Million 2Q Loss
YRC Worldwide lost $255 million, or $3.53 a share, from operations in the second quarter of 2009, down sharply from a year-ago profit of $35.8 million, or 62 cents, 39 cents of which came from a curtailment gain related to pensions.
July 31, 2009NAFTA Surface Trade Declines In May
Surface transportation trade among the United States, Canada and Mexico fell 35.4% in May from a year earlier, the largest year-to-year drop on record, the Department of Transportation said Thursday.
July 30, 2009Kansas City Southern Profit Shrinks in 2Q
Kansas City Southern said Thursday it earned $6.7 million, 7 cents a share, in its second quarter, compared with $50.2 million, or 56 cents, a year ago.
July 30, 2009Jobless Claims Rise for Week
Initial jobless claims rose last week but stayed below their late June level, the Labor Department said Thursday.
July 30, 2009House Votes to Replenish Highway Trust Fund
The House of Representatives voted to transfer $7 billion into the ailing Highway Trust Fund, a move leaders said was necessary to keep the fund solvent through the upcoming congressional recess.
July 30, 2009MAN’s Profit Plunges 95%
Substantial production cuts did not stop Germany-based truck maker MAN SE’s second-quarter profit from plummeting 95%, Bloomberg reported.
July 30, 2009