Jobless Claims Fall for Week
Initial jobless claims fell by 33,000 last week, the Labor Department said Thursday.
April 24, 2008CVG’s First-Quarter Income Declines
Parts maker Commercial Vehicle Group said it earned $500,000, or 2 cents a share, in the first quarter, compared with $3 million, or 14 cents, a year ago.
April 24, 2008Knight Reports Lower 1Q Earnings
Truckload carrier Knight Transportation’s first-quarter profit fell to $11.4 million, or 13 cents a share, from $16.6 million, or 19 cents, a year ago.
April 23, 2008Vitran’s First-Quarter Income Declines
Vitran Corp. said late Wednesday its first-quarter profit fell to $1.1 million, or 8 cents a share, from $3.4 million, or 25 cents, a year earlier.
April 23, 2008Celadon’s Third-Quarter Earnings Plunge
Truckload carrier Celadon Group’s fiscal third-quarter net income fell to $149,000, or 1 cent per share, compared with $3.9 million, or 17 cents, a year ago.
April 23, 2008Oil Dips from Record, Closing Just Over $118 a Barrel
Crude oil prices fell for the first time in four days Wednesday, a day after setting a closing-price record of more than $119 a barrel, Bloomberg reported.
April 23, 2008Ryder Reports 1Q Income Gain, Boosts Outlook
Ryder System said Wednesday its first-quarter profit rose 9% to $56.1 million, or 96 cents per share, from $51.3 million, or 84 cents, a year earlier.
April 23, 2008Letters to the Editor: Fuel Prices, Sleep Apnea
I am interested in the feedback on fuel prices displayed in “Letters to the Editor.” Unfortunately, most of the letters did not focus on two salient facts affecting the price of oil. The first is the dismal exchange rate of the U.S. dollar versus the euro, and the second is world demand for petroleum products.
April 23, 2008UPS’ First-Quarter Profit Rises
UPS Inc. said Wednesday its first-quarter net income rose to $906 million, or 87 cents per share, from $843 million, or 78 cents, a year ago.
April 23, 2008TWIC Enrollment Continues at Ports
The federal government’s Transportation Workers Identification Credential enrollment began Wednesday at three U.S. ports: Chattanooga, Tenn.; LaPorte, Texas; and Portsmouth, N.H.
April 23, 2008