Quality Distribution’s 3Q Profit Slips
Tank truck carrier Quality Distribution’s third-quarter net income was $720,000, or 4 cents a share, down from a profit of $1.5 million, or 8 cents, a year ago.
November 7, 2008Clean Energy Acquires Las Vegas CNG Stations
The Regional Transportation Commission of Southern Nevada has agreed to transfer ownership of five Las Vegas public compressed natural gas fueling stations to Clean Energy Fuels Corp., Clean Energy said Friday.
November 7, 2008Unemployment Rate Jumps to 6.5%
The U.S. unemployment jumped to 6.5% last month, from 6.1% in September, the Labor Department said Friday.
November 7, 2008Intermodal Traffic Declines for Week
Rail and intermodal traffic declined last week compared with the same week a year ago, the Association of American Railroads said.
November 6, 2008Navistar Plans Production Cuts at Ontario Plant
Navistar International Corp. will scale back production and could lay off as many as 500 workers at its Ontario, Canada, truck plant, the Canadian Press reported Thursday.
November 6, 2008Xata’s 4Q, Year-End Losses Narrow
Transportation software firm Xata Corp. said Thursday it lost $373,000, or 5 cents a share, in its fiscal fourth quarter, compared with a loss of $4.5 million, or 57 cents, a year ago.
November 6, 2008Mullen’s Third-Quarter Income Slips
Canadian transportation firm Mullen Group Income Fund said Thursday its third-quarter profit slipped to C$36.2 million, from C$38 million a year ago, while earnings per unit held at 45 cents.
November 6, 2008Third-Quarter Productivity Rises 1.1%
Third-quarter U.S. worker productivity rose 1.1% in the third quarter, the Labor Department said Thursday.
November 6, 2008Accuride Reports Big 3Q Loss
Commercial vehicle component maker Accuride Corp. said Thursday it lost $201.2 million, or $5.67 per share, in the third quarter, compared with a loss of $1.9 million, or 5 cents, a year ago.
November 6, 2008Jobless Claims Fall for Week
Initial jobless claims slipped last week to 481,000, from a revised 485,000 the previous week, the Labor Department said Thursday.
November 6, 2008