Fuel Prices Continue Slide
The national average price of diesel fuel fell another 17.7 cents to $3.482 a gallon last week, the lowest level since mid-February, the Department of Energy reported.
October 27, 2008Volvo’s Third-Quarter Income Drops on Lower Demand
Volvo AB said Friday its third-quarter earnings fell on lower demand for heavy trucks in both Europe and North America, Bloomberg reported.
October 24, 2008Saia’s 3Q Income Declines
Saia Inc. said Friday its third-quarter earnings fell by half, to $2.8 million, or 20 cents a share, from $5.9 million or 43 cents a year ago.
October 24, 2008YRC’s Third-Quarter Profit Slips
YRC Worldwide said late Thursday its third-quarter profit slipped to $36.6 million, or 63 cents a share, from $40.7 million, or 70 cents, a year ago.
October 24, 2008Existing Home Sales Rise 5.5%
Existing homes sales jumped 5.5% in September to the highest level in a year, the National Association of Realtors said Friday.
October 24, 2008DOT Sets $679 Million for Road Repairs
The Department of Transportation is making $679 million available to states to cover costs incurred to repair roads and bridges damaged by “a variety of natural emergencies and catastrophic events.”
October 24, 2008Horizon Lines' Profit Improves
Horizon Lines said Friday its third-quarter profit jumped to $12.5 million, or 42 cents a share, from $1.6 million, or 5 cents, a year ago.
October 24, 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.
October 24, 2008BNSF’s Third-Quarter Income Improves
Burlington Northern Santa Fe Corp. said Thursday its third-quarter profit jumped to $595 million, or $2 a share, from $530 million, or $1.48, a year ago.
October 23, 2008Union Pacific’s 3Q Profit Jumps 32%
Union Pacific Corp. said Thursday its third-quarter profit rose 32% to $703 million, or $1.38 per share, from $532 million, or $1.00 per share, last year.
October 23, 2008