A big snowstorm that dumped more than a foot of snow in the Midwest left hundreds of motorists caught in traffic jams and delayed about 1,000 flights at Chicago’s O’Hare International Airport, news services reported.
February 7, 2008Business
Jobless Claims Decline by 22,000
Initial jobless claims fell by 22,000 for the week ended Saturday, the Labor Department said Thursday.
February 7, 2008BusinessSafetyGovernment
Xata’s Fiscal First-Quarter Loss Widens
Transportation software firm Xata Corp. said Thursday it lost $1 million, or 14 cents a share, in its fiscal first quarter, compared with a loss of $554,000, or 9 cents, a year ago.
February 7, 2008Business
Commercial Vehicle Group Reports 4Q Loss
Commercial Vehicle Group reported it lost $3.3 million, or 15 cents a share, for the fourth quarter, compared with a profit of $11.1 million, or 51 cents, a year ago.
February 7, 2008BusinessFuel
Oil Falls Following Supply Surge
Crude oil fell more than $1 a barrel Wednesday following a Department of Energy report that showed inventories of oil, gasoline and distillates all improved last week, Bloomberg reported.
February 6, 2008GovernmentBusinessSafety
Volvo’s N. American Sales Decline
Volvo AB said its fourth-quarter net income rose, led mostly by increased business in Eastern Europe that offset a slump in North American sales, Bloomberg reported Wednesday.
February 6, 2008GovernmentBusinessSafety
Fourth-Quarter Productivity Rises 1.8%
U.S. worker productivity rose at an annual rate of 1.8% in the fourth quarter, the Labor Department said Wednesday.
February 6, 2008BusinessSafetyGovernment
Patriot Reports First-Quarter Loss
Patriot Transportation Holding took a fiscal first-quarter loss of $139,000 or 5 cents a share, compared with net income of $2.2 million or 69 cents a year earlier.
February 6, 2008GovernmentBusinessSafety
States Implementing Safety Measures as Federal Govt. Enforcement Lags
ATLANTA — Several states are planning or have approved motor carrier safety and environmental measures because federal regulators have failed to enforce their own regulations, a prominent transportation lawyer said in an update on regulatory and legislative matters at SMC3’s recent winter conference here.
February 6, 2008BusinessSafety
ATA Seeks Nominations for ’09-’10 America’s Road Team
American Trucking Associations said Wednesday it is seeking nominations for professional truck drivers to serve on the 2009-2010 America’s Road Team.
February 6, 2008