Saia Inc. said Friday its third-quarter earnings fell by half, to $2.8 million, or 20 cents a share, from $5.9 million or 43 cents a year ago.
October 24, 2008Business
YRC’s Third-Quarter Profit Slips
YRC Worldwide said late Thursday its third-quarter profit slipped to $36.6 million, or 63 cents a share, from $40.7 million, or 70 cents, a year ago.
October 24, 2008BusinessLogistics
Existing °®¶¹´«Ã½ Sales Rise 5.5%
Existing homes sales jumped 5.5% in September to the highest level in a year, the National Association of Realtors said Friday.
October 24, 2008BusinessSafetyGovernment
DOT Sets $679 Million for Road Repairs
The Department of Transportation is making $679 million available to states to cover costs incurred to repair roads and bridges damaged by “a variety of natural emergencies and catastrophic events.â€
October 24, 2008Business
Horizon Lines' Profit Improves
Horizon Lines said Friday its third-quarter profit jumped to $12.5 million, or 42 cents a share, from $1.6 million, or 5 cents, a year ago.
October 24, 2008BusinessSafety
Intermodal Traffic Declines for Week
Rail and intermodal traffic declined last week compared with the same week a year ago, the Association of American Railroads said.
October 24, 2008Business
BNSF’s Third-Quarter Income Improves
Burlington Northern Santa Fe Corp. said Thursday its third-quarter profit jumped to $595 million, or $2 a share, from $530 million, or $1.48, a year ago.
October 23, 2008BusinessLogistics
Union Pacific’s 3Q Profit Jumps 32%
Union Pacific Corp. said Thursday its third-quarter profit rose 32% to $703 million, or $1.38 per share, from $532 million, or $1.00 per share, last year.
October 23, 2008Business
UPS’ Third-Quarter Income Declines 10%
UPS Inc. said Thursday its third-quarter profit fell 10% to $970 million, or 96 cents a share, from $1.08 billion, or $1.02, a year ago.
October 23, 2008Business
FedEx Says IRS Withdrew Penalty on Worker Classification
FedEx Corp. said the IRS has withdrawn tentative taxes and penalties of more than $319 million stemming from whether the company incorrectly classified employees as independent contractors, the Associated Press reported.
October 23, 2008