Consumer Sentiment Index Rises in July
U.S. consumer confidence rose this month for the first time in five months, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
July 24, 2009Safeway Profit Inches Up
Grocery store chain Safeway Inc. said its second-quarter profit inched up 1.8% to $238.6 million, or 57 cents a share, from $234.3 million, or 53 cents, last year.
July 24, 2009Saia Posts 2Q Loss
Saia Inc. said it lost $1.7 million in the second quarter “due to the weak shipping environment and lower yields impacted by increasingly competitive pricing pressure.”
July 24, 2009Universal Truckload Services’ Income Falls
Universal Truckload Services said its second-quarter net income plunged 62.8% to $1.3 million, or 8 cents per share, from $3.5 million, 22 cents, a year ago.
July 24, 2009Intermodal, Rail Traffic Continue to Decline
Intermodal rail traffic fell 18.8% last week compared with the same week last year, the Association of American Railroads said.
July 24, 2009BNSF’s 2Q Income Improves Despite Lower Volume
Burlington Northern Santa Fe Corp. said its second-quarter profit improved but its revenue fell on lower overall freight demand.
July 23, 2009Con-way’s 2Q Profit Falls
Con-way Inc. said its second-quarter income fell to $33 million, or 64 cents per share, compared with $50.4 million, or $1.02, a year ago.
July 23, 2009TransForce Reports Lower 2Q Income
Canadian transportation firm TransForce Inc. said its second-quarter net income fell to C$18 million, or 21 cents a share, from C$19.3 million, or 22 cents, a year ago.
July 23, 2009Ryder’s Second-Quarter Income Drops
Ryder System said Thursday its second-quarter profit fell to $22.9 million, or 41 cents a share, from $62.9 million, or $1.09, a year earlier.
July 23, 2009UPS’ Second-Quarter Income Declines 49%
UPS Inc. said Thursday its second-quarter profit fell 49% to $445 million, or 44 cents a share, from $873 million, or 85 cents, a year ago.
July 23, 2009