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Caterpillar’s Earnings Dip; Revenue Gains

Heavy equipment and diesel engine manufacturer Caterpillar Inc. said Friday that its first-quarter net income dipped 3% to $816 million, from a record $840 million a year ago.

April 20, 2007

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, 2007

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, 2007

Jobless Claims Fall for Week

Initial jobless claims fell by 4,000 last week, the Labor Department said Thursday.

April 19, 2007

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, 2007

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, 2007

Landstar’s Quarterly Income Declines

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, 2007

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, 2007

Heartland’s 1Q Income Rises

Truckload carrier Heartland Express said Thursday its first-quarter profit rose 14% to $22.6 million or 23 cents a share, from $19.7 million or 20 cents a year ago.

April 19, 2007

Swift’s First-Quarter Earnings Tumble

Swift Transportation Co.’s first-quarter profit fell 74% because of a pending buyout, bad weather, higher fuel costs and lower demand.

April 19, 2007