Personal Spending Rises 0.4%
Consumer personal spending rose 0.4% in March, the Commerce Department said Thursday.
May 1, 2008Snow Closes I-70 Near Denver
Authorities closed westbound lanes of Interstate 70 west of Denver Thursday because of accidents caused by a spring snowstorm, the Associated Press reported.
May 1, 2008Frozen Food Express Reports 1Q Loss
Refrigerated truckload carrier Frozen Food Express Industries said it lost $825,000, or 5 cents a share, in the first quarter, compared with a loss of $233,000, 1 cent, a year ago.
April 30, 2008Fed Cuts Key Interest Rate a Quarter-Point to 2%
The Federal Reserve cut the key U.S. interest rate Wednesday by a quarter of a point, to 2%.
April 30, 2008DOT Secretary Peters Launches Blog
Transportation Secretary Mary Peters has launched a blog at DOT, called the Fast Lane.
April 30, 2008NAFTA Surface Trade Jumps 16.3%
Surface trade among the United States, Canada and Mexico jumped 16.3% in February from a year earlier, the Department of Transportation said Wednesday.
April 30, 2008Cummins’ 1Q Profit Jumps
Diesel engine maker Cummins Inc.’s first-quarter profit jumped 33% to $190 million, or 97 cents a share, from $143 million, or 71 cents, a year ago.
April 30, 2008Trucking Could Gain Hazmat Business Under New DOT Rail Shipment Rules
Railroads are facing new federal regulations for shipments of highly hazardous materials, such as chlorine, that could drive more business to trucks.
April 30, 2008Chicago Manufacturing Index Shows Small Gain
Manufacturing activity in the Chicago region improved this month, but continued to show contraction, the National Association of Purchasing Management said Wednesday.
April 30, 2008TransForce Reports Dip in 1Q Income
Canadian transportation firm TransForce Income Fund said Wednesday its first-quarter net income was C$19.1 million, or 22 cents per unit, compared with C$20.9 million, or 24 cents, a year ago.
April 30, 2008