Michelin, Love’s Sign Agreement on Truck Tires, Service
Michelin Americas Truck Tires and Love’s Travel Stops have signed an agreement under which Love’s Travel Stops will feature Michelin truck tires and related products, the two said Thursday.
May 1, 2008Union Pacific Sets 2-for-1 Stock Split
Union Pacific Corp. said Thursday its board authorized a two-for-one stock split, effective May 28 to shareholders of record as of May 12.
May 1, 2008TA Agrees to Settle Flying J Lawsuit
Truck stop chain TravelCenters of America said Thursday it has agreed to settle a 2006 civil suit by competitor Flying J Inc. regarding processing of card transactions.
May 1, 2008Longshoreman’s Union Walks Off Job at West Coast Ports
More than 25,000 members of the International Longshore and Warehouse Union walked off the job at 29 West Coast ports Thursday, in a protest over the war in Iraq.
May 1, 2008Purolator, Teamsters Canada Reach Tentative Pact
Purolator Courier and Teamsters Canada have reached a tentative agreement on a contract renewal for Purolator’s couriers, package handlers, truck drivers and owner-operators across Canada, the company said.
May 1, 2008Salisbury Named CEO at Fikes Truck Line
Fikes Truck Line named Gary Salisbury its chief executive officer this month, the company said. He takes over from owner and former president Jim Smith, who remains chairman of the board.
May 1, 2008ISM Manufacturing Index Continues to Show Contraction
The Institute for Supply Management’s manufacturing index continued to show contraction in April, matching March’s reading, ISM said Thursday.
May 1, 2008Construction Spending Drops 1.1%
Construction spending fell 1.1% in March, the Commerce Department said Thursday.
May 1, 2008Oshkosh Reports Higher 2Q Profit
Specialty truck maker Oshkosh Truck Corp. reported a fiscal second-quarter profit of $72.6 million, or 97 cents a share, up from $50.9 million, or 68 cents, a year ago.
May 1, 2008Jobless Rolls Reach Four-Year High
Initial jobless claims rose to a four-year high last week, the Labor Department said Thursday.
May 1, 2008