Consumer Sentiment Index Improves
U.S. consumer confidence improved in April to the highest level since late last year, according to the Reuters/University of Michigan’s monthly consumer sentiment index released Friday.
May 1, 2009P.A.M. Reports $3.4 Million First-Quarter Loss
Truckload carrier P.A.M. Transportation Services reported a first-quarter loss of $3.4 million, or 36 cents per share, compared with a loss of $2.8 million, or 29 cents, a year ago.
May 1, 2009Intermodal, Rail Traffic Fall for Week
Intermodal rail traffic fell 17.8% for the week ended Saturday, compared with the same week last year, the Association of American Railroads said.
May 1, 2009NAFTA Trade Falls 30.9% in Record Decline
Surface transportation trade among the United States, Canada and Mexico plunged 30.9% in February from a year earlier, the biggest year-to-year decline on record, the Department of Transportation said Thursday.
April 30, 2009Cummins’ First-Quarter Profit Plunges
Diesel engine maker Cummins Inc. said Thursday its first-quarter profit plunged and that its engine sales would decline by more than 30% this year.
April 30, 2009Kansas City Southern Reports 1Q Loss
Kansas City Southern said Thursday it lost $7.5 million, 8 cents a share, in its first quarter, compared with a profit of $32.9 million, or 39 cents, a year ago.
April 30, 2009Oshkosh Reports $1.19 Billion 2Q Loss
Specialty truck maker Oshkosh Corp. said Thursday it lost $1.19 billion, or $16.02 per share, in its fiscal second quarter, compared with a profit of $72.6 million, or 97 cents, a year ago.
April 30, 2009Jobless Claims Decline for Week
Initial jobless claims fell by 14,000 last week, the Labor Department said Thursday.
April 30, 2009Personal Spending Declines 0.2%
Consumer personal spending fell in March after two months of growth, the Commerce Department said Thursday.
April 30, 2009Oil Rises to $51 a Barrel
Oil closed the trading day Wednesday near $51 a barrel on the New York Mercantile Exchange following an Energy Department report that showed gasoline inventories declined last week, Bloomberg reported.
April 29, 2009