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Jobless Claims Rise 8,000 for Week

Initial jobless claims rose by 8,000 last week to 331,000, the Labor Department said Thursday.

October 25, 2007

°®¶¹´«Ã½ Sales Fall to Lowest Level on Record

Existing homes sales fell in September to the lowest level since record keeping began in 1999, the National Association of Realtors said Wednesday.

October 24, 2007

Old Dominion Freight Line’s 3Q Income Dips

Less-than-truckload carrier Old Dominion Freight Line said Thursday its third-quarter profit declined slightly from a year ago.

October 25, 2007

Navistar Reports ’03-’04 Loss of $365 Million

Navistar International Corp., which has not filed financial reports in two years, said Thursday it lost $365 million from 2003 through 2004, when it previously had posted a profit of $230 million, Bloomberg reported.

October 25, 2007

September Truck Tonnage Declines 2.3%, ATA Says

American Trucking Associations’ seasonally adjusted for-hire truck tonnage index for September declined 2.3% from a year ago, ATA said.

October 26, 2007

YRC’s Third-Quarter Income Declines

Less-than-truckload carrier YRC Worldwide said late Thursday its third-quarter net income declined to $40.7 million or 70 cents a share, from $95.8 million or $1.64 per share last year.

October 26, 2007

Norfolk Southern’s 3Q Earnings Decline

Eastern freight railroad Norfolk Southern Corp. said Wednesday its third-quarter earnings fell 7% to $386 million or 97 cents a share, from $416 million or $1.02 a year ago.

October 24, 2007

Paccar Reports Lower 3Q Earnings; Boosts Dividend

Heavy-duty truck maker Paccar Inc. said Wednesday its third-quarter profit fell 25% on continued lower demand, but the company boosted its quarterly dividend.

October 24, 2007

Ryder’s Third-Quarter Earnings Improve

Trucking and logistics firm Ryder System said Wednesday its third-quarter profit rose, as its supply chain unit showed improvement.

October 24, 2007

Volvo’s 3Q Operating Profit Improves

Truck maker Volvo AB’s earnings before interest and taxes were about $772 million, with its truck-unit operating profit rising 1%, Bloomberg reported Wednesday.

October 24, 2007