Quality Reports First-Quarter Loss
Tank truck carrier Quality Distribution reported a first-quarter loss of $1.9 million, or 10 cents a share, compared with a loss of $200,000, or 1 cent, in last year’s first quarter.
May 8, 2008Wholesale Inventories Decline in March
Wholesale inventories fell 0.1% in March, led by a decline in crude oil supplies, the Commerce Department said Thursday.
May 8, 2008Expeditors’ First-Quarter Income Improves
Logistics firm Expeditors International of Washington said its first-quarter profit rose 12% to $66.5 million, or 30 cents a share, from $59.3 million, or 27 cents, a year ago.
May 8, 2008Express-1 Reports Improved 1Q Profit
Express-1 Expedited Solutions said Thursday it earned $643,000, or 2 cents a share, in the first quarter, up from $461,000, or 2 cents, a year ago.
May 8, 2008Atlas Air Reports First-Quarter Loss
Air cargo company Atlas Air Worldwide Holdings said Thursday it lost $5.3 million, or 25 cents a share, in the first quarter, compared with a profit of $6.2 million, or 29 cents, a year ago.
May 8, 2008Accuride’s First-Quarter Widens
Commercial vehicle component maker Accuride Corp. said Thursday it lost $11.7 million, or 33 cents a share, in the first quarter, compared with a loss of $1.9 million, or 5 cents, a year ago.
May 8, 2008Jobless Claims Decline for Week
Initial jobless claims fell by 18,000 last week, the Labor Department said Thursday.
May 8, 2008Oil Surges Past $123 a Barrel
Oil prices continued to surge, pushing past $123 a barrel for the first time Wednesday, even as a Department of Energy report showed supplies improved last week, Bloomberg reported.
May 7, 2008Wash. State Survey Highlights Truck-Parking Safety Concerns
The Washington State Department of Transportation said the respondents to its truck parking survey said overwhelmingly that there were not enough parking for trucks in the state, and were concerned about safe parking.
May 7, 2008So. Calif. Port Workers Slow to Enroll in TWIC, Raising Fears About Possible Driver Shortage
Enrollments in the federal Transportation Worker Identification Credential program at the ports of Los Angeles and Long Beach, Calif., are lagging behind schedule, causing concern among port officials about a possible shortage of drivers when the TWIC is required for entry this fall.
May 7, 2008