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Initial Jobless Claims Increase for Week

Initial jobless claims climbed last week, the Labor Department said Thursday.

October 22, 2009

Caterpillar Announces Next CEO

Heavy equipment manufacturer Caterpillar Inc. said Thursday that Douglas Oberhelman will become its chief executive officer in July 2010.

October 22, 2009

Ryder’s Third-Quarter Income Declines

Ryder System said Thursday its third-quarter profit fell to $24 million, or 43 cents a share, from $70.2 million, or $1.24, a year earlier.

October 22, 2009

Union Pacific’s 3Q Profit Drops

Union Pacific Corp.’s third-quarter profit fell 26% to $517 million, or $1.02 per share, from $703 million, or $1.38, a year ago.

October 22, 2009

Old Dominion’s Second-Quarter Profit Declines

Old Dominion Freight Line said Thursday its third-quarter profit fell 55.1% to $10.5 million, or 28 cents per share, from $23.4 million, or 63 cents, a year ago.

October 22, 2009

UPS’ Third-Quarter Income Drops 43.4%

UPS Inc. said Thursday its second-quarter profit fell 43.4% to $549 million, or 55 cents a share, from $970 million, or 96 cents, a year ago.

October 22, 2009

Universal Truckload Services’ Income Drops

Universal Truckload Services said its third-quarter net income plunged 68.6% to $1.7 million, or 11 cents per share, from $5.4 million, 34 cents, a year ago.

October 22, 2009

BNSF’s 3Q Income Falls 29.8%

Burlington Northern Santa Fe Corp. said its third-quarter profit fell 29.8% as shipping volumes dropped.

October 22, 2009

USA Truck Reports 3Q Loss

Truckload carrier USA Truck reported a third-quarter loss of $1.6 million, or 16 cents per share, compared with net income of $2.4 million, or 23 cents, a year ago.

October 22, 2009

Rush Reports Third-Quarter Loss

Truck dealership Rush Enterprises said that ist third-quarter profit was $3 million, or 8 cents a share, compared with $8 million, or 21 cents, in the same quarter last year.

October 22, 2009