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Jobless Claims Fall 5,000 for Week

Initial jobless claims fell by 5,000 last week, the Labor Department said Thursday.

March 18, 2010

FedEx’s 3Q Income Improves

FedEx Corp. said Thursday its fiscal third-quarter profit and revenue increased from a year ago, citing an improving global economy.

March 18, 2010

ATA Says Infrastructure Investment Will Improve U.S. Competitiveness

An American Trucking Associations official told a congressional panel that investment in the U.S. highway system will help the country’s economic and global competitiveness.

March 17, 2010

Oil Gains as OPEC Sees Demand Rising

Oil rose past $82 a barrel Wednesday following an OPEC statement that world demand is rising, though the group said it would hold output levels steady, Bloomberg reported.

March 17, 2010

US 1 Reports 4Q, Yearly Loss

Logistics firm US 1 Industries said it had a fourth quarter net loss of $2.1 million, or 15 cents a share, compared with a profit of $582,000, or 4 cents a share, a year earlier.

March 17, 2010

Producer Prices See Biggest Decline Since July

Prices paid to U.S. producers fell 0.6% in February, the Labor Department said Wednesday.

March 17, 2010

Swift Orders 3,100 Trailers From Wabash

Swift Transportation Co. has ordered 3,100 dry van trailers from Wabash National Corp., with deliveries scheduled to be spread over 12 months, the companies said.

March 17, 2010

Opinion: It’s Infrastructure Decision Time

I’ve just returned from my third trip to China in the past five years and continue to be amazed by — and envious of — the high-growth economy there.

March 18, 2010

Petroleum Institute Investigating ULSD Corrosion

The Petroleum Equipment Institute is conducting a survey to ascertain the extent of corrosion in petroleum-dispensing equipment that stores ultra-low-sulfur-diesel fuel.

March 17, 2010

Schneider Upgrades Tractors With New Onboard Computers

Schneider National said it has fitted about one-quarter of its 12,000 tractors with new onboard computers in a fleetwide rip-and-replace that, for the first time, will bring graphical navigation and electronic driver logs to every truck.

March 17, 2010