Durable Goods Orders Decline 0.8%
Durable goods orders fell 0.8% in March, the Commerce Department said Friday.
April 24, 2009YRC Reports $257 Million First-Quarter Loss
YRC Worldwide said late Thursday it lost $257 million, or $4.34 per share, in the first quarter, compared with a loss of $46.4 million, or 82 cents, a year ago.
April 24, 2009Con-way Says It Lost $154 Million in First Quarter
Con-way Inc. said it lost $154 million, or $3.35 per share, in the first quarter, compared with earning $22.5 million, or 47 cents, a year ago.
April 24, 2009Grocery Chain Supervalu Reports Fiscal 4Q Loss
Grocery chain Supervalu Inc. reported a loss for its fiscal fourth quarter ended Feb. 28, primarily on a goodwill charge, the Associated Press reported.
April 24, 2009GM to Temporarily Close 13 U.S. Plants
General Motors Corp. will idle 13 U.S. assembly plants for several months this summer to trim inventory after U.S. sales fell 49% this year in the first quarter, Bloomberg reported.
April 24, 2009BNSF’s First-Quarter Profit Drops 55%
Burlington Northern Santa Fe Corp.’s first-quarter profit fell 55% on a one-time charge and lower shipping demand.
April 23, 2009Intermodal, Rail Traffic Fall for Week
Intermodal rail traffic fell 18.3% for the week ended Saturday, compared with the same week last year, the Association of American Railroads said Thursday.
April 23, 2009UPS Reports Lower First-Quarter Income
UPS Inc.’s first-quarter net income fell by more than half to $401 million, or 40 cents a share, from $906 million, or 87 cents, a year ago.
April 23, 2009Old Dominion’s First-Quarter Profit Declines
Old Dominion Freight Line said Thursday its first-quarter profit declined to $4 million, or 11 cents per share, from $10.4 million, or 28 cents, a year ago.
April 23, 2009Union Pacific’s 1Q Profit Falls 18%
Union Pacific Corp.’s first-quarter profit fell 18% to $362 million, or 72 cents per share, from $443 million, or 85 cents, a year ago.
April 23, 2009