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Government, Business, Safety

Third-Quarter Worker Productivity Jumps 9.5%

Third-quarter worker productivity jumped to an annual rate of 9.5%, the Labor Department said Thursday.

November 5, 2009
Business

Initial Jobless Claims Drop for Week

Initial jobless claims fell by 20,000 to 512,000 last week, the Labor Department said Thursday.

November 5, 2009
Business, Logistics

Wabash National’s 3Q Operating Loss Narrows

Bruce Harmon/Trans Pixs

Trailer manufacturer Wabash National Corp. said its third-quarter loss widened but its operating loss declined from the same quarter last year.

November 5, 2009
Business

Intermec’s Third-Quarter Income Declines

Supply chain technology firm Intermec Inc. said its third-quarter net earnings were $100,000, or zero cents per share, compared with $11 million, or 18 cents, a year ago.

November 5, 2009
Business, Safety, Government, Technology, Equipment

Opinion: CSA 2010: A Good First Step, But . . .

For more than a decade, the trucking industry has called for an overhaul of the Department of Transportation’s safety fitness measurement and rating systems. Fortunately, DOT heard these calls and soon will implement its new system — Comprehensive Safety Analysis 2010. CSA 2010’s measurement component will be rolled out in July 2010; the rating component will be implemented after a future rulemaking process is completed.

November 5, 2009
Fuel, Business

Oil Bounces Back Over $80 Following Inventory Report

Larry Smith/Trans Pixs

Oil closed at over $80 a barrel for the first time in more than a week, following a Department of Energy report showing that fuel inventories fell last week, Bloomberg reported.

November 4, 2009
Business

Fed Again Holds Interest Rate at Record Low

Federal Reserve governors voted for an eighth consecutive time Wednesday to keep a key U.S. interest rate at a record low “target range” of zero to 0.25%.

November 4, 2009
Business, Safety, Government

ISM Services Index Slows Expansion

The U.S. economy’s service sector slowed its expansion last month, the Institute for Supply Management said Wednesday.

November 4, 2009
Business

Con-way’s Third-Quarter Profit Declines

Con-way Inc.

Con-way Inc. said its third-quarter profit fell by nearly two-thirds from a year ago, as freight demand declined.

November 4, 2009
Government, Business, Safety

Quality’s 3Q Profit Improves from a Year Ago

Tank truck carrier Quality Distribution reported a third-quarter profit of $1.4 million, or 7 cents per share, up from $700,000, or 4 cents, a year ago.

November 4, 2009

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