TravelCenters of America Trims Workforce by 8%
Truck stop chain TravelCenters of America said Friday it has reduced the workforce at its headquarters and other locations by 190 employees, or about 8% of its managerial personnel.
March 7, 2008Payrolls Decline; Unemployment Dips to 4.8%
U.S. payrolls declined in February for a second straight month, and the unemployment rate dipped to 4.8% from 4.9%, the Labor Department said Friday.
March 7, 2008Washington State Seeks Trucking Input for Parking Survey
The Washington State Department of Transportation is asking truckers and trucking companies for information to help develop truck parking in the state, in particular along key interstates.
March 7, 2008Frozen Food Express Reports 4Q Loss
Refrigerated truckload carrier Frozen Food Express Industries said it lost $3.5 million, or 21 cents a share, in the fourth quarter, compared with net income of $4.3 million, or 24 cents, a year earlier.
March 7, 2008Clocks Move Forward One Hour on Sunday for Daylight Saving Time
The Department of Transportation reminds that Daylight Saving Time will begin this Sunday, March 9, with clocks being set ahead one hour for most Americans.
March 6, 2008Deutsche Post’s 4Q Profit Falls
Deutsche Post said Thursday its fourth-quarter profit plunged 61% on a writedown of its U.S. DHL Express unit, Bloomberg reported.
March 6, 2008Navistar Releases 2006 Results
Navistar International Corp. said Thursday it filed its financial results for 2006, as it attempts to catch up with its back financial reporting.
March 6, 2008Dynamex Reports Fiscal 2Q Earnings Dip
Logistics and delivery firm Dynamex Inc. said its second-quarter net income was $3.4 million, or 33 cents a share, compared with $3.7 million, or 35 cents, a year earlier.
March 6, 2008Jobless Claims Fall 24,000 for Week
Initial jobless claims fell by 24,000 for the week ended Saturday, the Labor Department said.
March 6, 2008Fed ‘Beige Book’ Cites Freight Slowdown
The U.S. economy has weakened since the start of the year, hitting both freight transportation and manufacturing, both of which are dealing with soaring energy prices, the Federal Reserve said Wednesday.
March 5, 2008