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New °®¶¹´«Ã½ Sales Climb 11%

New home sales increased 11% in June, the largest increase in eight years, the Commerce Department said Monday.

July 27, 2009

FedEx National LTL Names New President

FedEx Corp. said it has named Mike Moss as president of FedEx National LTL, the parcel carrier’s long-haul less-than-truckload unit.

July 27, 2009

New Orleans Port Operators Cut Hours

Both of the terminal operators at the Port of New Orleans have reduced their business hours in response to the economic recession and reduced shipping, the Times-Picayune reported.

July 27, 2009

June Truck Tonnage Falls 13.6%

Truck tonnage decreased 13.6% in June compared with a year ago, American Trucking Associations said late Monday.

July 28, 2009

Diesel Gains 3.2¢ After Four Weeks of Decline

The average price of diesel fuel rose 3.2 cents to $2.528 a gallon after a four-week drop, the Department of Energy said Monday.

July 27, 2009

Qualcomm’s Third-Quarter Earnings Slip

Wireless-services provider Qualcomm Inc. said its fiscal third-quarter earnings slipped to $737 million, or 44 cents a share, from $748 million, or 45 cents, a year ago.

July 27, 2009

Iteris’ Income Falls for Fiscal 1Q

Iteris Inc., which makes lane-departure warning systems for the trucking industry, said Thursday its fiscal first-quarter profit decreased from a year ago.

July 27, 2009

Horizon Lines Loses $31 Million in 1Q

Ocean shipper Horizon Lines lost $31.1 million, or $1.02 a share, in the second quarter, compared with a profit of $5.8 million, or 19 cents, a year earlier.

July 24, 2009

Universal Truckload Services’ Income Falls

Universal Truckload Services said its second-quarter net income plunged 62.8% to $1.3 million, or 8 cents per share, from $3.5 million, 22 cents, a year ago.

July 24, 2009

Consumer Sentiment Index Rises in July

U.S. consumer confidence rose this month for the first time in five months, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.

July 24, 2009