Werner’s Net Income Drops 15%
Werner Enterprises Inc. said its profit fell 15% in the third quarter to $21.3 million, or 29 cents a share, from $25.1 million, or 34 cents, a year ago.
October 17, 2013Diesel Decreases 1.1¢ to $3.886, DOE Says
The average price of diesel dropped 1.1 cents to $3.886 a gallon, the Department of Energy said Oct. 17 in a report that reflected the price Oct. 14.
October 17, 2013Port of Baltimore Strike Enters 2nd Day
An International Longshoremen’s Association strike that halted cargo handling activity at the Port of Baltimore entered its second day Oct. 17, the Maryland Port Administration said, with arbitration that could end the walkout scheduled for tomorrow.
October 17, 2013Federal Government Shutdown Ends After 16 Days
President Obama signed a bill into law early Oct. 17 to provide funding for the federal government for three months and increase the nation’s debt limit to a level that will last four months, ending the 16-day government shutdown.
October 17, 2013Union Pacific’s Third-Quarter Profit Rises 10%
Union Pacific Corp. said Oct. 17 its third-quarter profit rose 10% despite lower coal and grain carloads in the quarter.
October 17, 2013Manufacturing in Philadelphia Expands at Slower Pace
Manufacturing activity in the Philadelphia Region expanded at a slower pace in October, the Federal Reserve Bank of Philadelphia said Oct. 17.
October 17, 2013Allison Transmission Now Available for Order at Navistar
Allison Transmission Holdings said its new TC10 tractor transmission is being offered on Navistar’s International, ProStar and TranStar models with MaxxForce 13 engines.
October 17, 2013USA Truck’s Loss Narrows in 3Q
USA Truck said its net loss in the third quarter fell 90% to $602,000, or 6 cents per share, from $6.1 million, or 59 cents, a year earlier.
October 17, 2013Weekly Jobless Claims Decline by 15,000
Jobless claims declined by 15,000 for the week ended Oct. 12, due in part to California working through a backlog caused by a switch in computer systems, Bloomberg News reported.
October 17, 2013Fuel Tax Should Rise 10 Cents, Says Former Transportation Secretary LaHood
Former Transportation Secretary Ray LaHood said Oct. 16 that Congress should raise fuel taxes 10 cents and index them in order to raise money to meet the nation’s transportation needs.
October 16, 2013