Truckload carrier Landstar System said Thursday its first-quarter net income fell to $21.6 million or 38 cents a share, from $24.4 million or 41 cents a year ago.
April 19, 2007BusinessGovernment
Philadelphia Factory Index Unchanged
Manufacturing levels in the Philadelphia were flat in April from last month, the Federal Reserve Bank of Philadelphia said.
April 19, 2007BusinessSafetyGovernment
Knight’s 1Q Income, Revenue Gain
Truckload carrier Knight Transportation said its first-quarter profit rose 5% to $16.6 million or 19 cents a share, from $15.8 million or 18 cents a year ago.
April 19, 2007BusinessAutonomous
USA Truck Reports Lower Earnings
Truckload carrier USA Truck said Thursday its first-quarter profit plunged to $800,000 or 1 cent per share, from $3.4 million or 30 cents a year earlier, on softer freight demand.
April 19, 2007BusinessSafety
Intermodal Volume Declines for Week
Rail carload freight rose modestly but intermodal traffic continued a downward trend last week, falling 3.6% compared with a year ago, the Association of American Railroads said Thursday.
April 19, 2007BusinessLogistics
Union Pacific’s 1Q Profit Rises
Union Pacific Corp., the nation’s largest freight railroad, said Thursday its first-quarter profit rose 24% to $386 million or $1.41 per share, from $311 million or $1.15 last year.
April 19, 2007BusinessGovernment
March Economic Indicators Rise
An index of leading economic indicators inched up 0.1% last month, the New York-based Conference Board said Thursday.
April 19, 2007Business
Jobless Claims Fall for Week
Initial jobless claims fell by 4,000 last week, the Labor Department said Thursday.
April 19, 2007BusinessAutonomous
Rush’s 1Q Earnings Improve
Truck dealer Rush Enterprises said its first-quarter earnings improved to $13 million or 51 cents a share, up from $11.6 million or 46 cents a year earlier.
April 18, 2007