Ford Posts First Annual Profit in Four Years
Ford Motor Co. said Thursday it posted its first profit in four year, earning $2.7 billion and ending three straight annual losses.
January 28, 2010Durable Goods Orders Rise in December
Durable goods orders increased in December, the Commerce Department said Thursday.
January 28, 2010Kansas City Southern’s 4Q Profit Falls
Kansas City Southern said Thursday it earned $32 million, 33 cents a share, in its fourth quarter, compared with $36.4 million, or 40 cents, the previous year.
January 28, 2010Knight’s 4Q Income Declines
Truckload carrier Knight Transportation’s fourth-quarter profit fell 18.6% to $13.1 million, or 16 cents a share, compared with $16.1 million, or 19 cents, a year ago.
January 27, 2010New Home Sales Slip in December
New home sales fell 7.6% in December, the Commerce Department said Wednesday.
January 27, 2010Mich. Lawmakers Propose 40% Diesel Tax Increase
Michigan lawmakers have proposed a 6-cent increase in the state’s diesel tax to help pay for road improvements, the Associated Press reported.
January 27, 2010DOT Sets Texting Ban on Commercial Truck, Bus Drivers
WASHINGTON — The Department of Transportation said Tuesday it was banning texting-while-driving by commercial truck and bus drivers.
January 26, 2010Consumer Confidence Hits 15-Month High
Consumer confidence rose this month to its highest level since September 2008, the New York-based Conference Board reported.
January 26, 2010Fleet Execs, Drivers Urge More Flexibility in HOS Rules
DALLAS — Trucking industry officials said that while they needed more flexibility to take rest breaks, the current hours-of-service rules were working.
January 26, 2010Virginia Gov. Backs Expanding 70-Mph Speed-Limit Zones
Virginia’s newly-elected governor, Bob McDonnell (R), is calling for expanding the 70-mph top speed limit for both cars and trucks on stretches of several interstate highways in rural regions.
January 26, 2010