J.B. Hunt’s 2Q Income Improves
J.B. Hunt Transport Services said its second-quarter net income rose from a year ago as operating income at three of its four business segments each rose more than 20%.
July 17, 2012Kansas City Southern’s 2Q Profit Improves
Kansas City Southern’s second-quarter earnings rose to $120 million, or $1.09 a share, from $71 million, or 64 cents, a year ago.
July 17, 2012Industrial Production Rises in June
Industrial production increased 0.4% in June, the Federal Reserve said Tuesday.
July 17, 2012Consumer Price Index Unchanged in June
The consumer price index was unchanged in June following a 0.3% drop in May, the biggest decline since December 2008, the Labor Department said Tuesday.
July 17, 2012OOIDA Sues FMCSA Over Driver Database
The Owner-Operator Independent Drivers Association said Monday it has filed suit against the Federal Motor Carrier Safety Administration regarding FMCSA’s pre-employment screening program and appeal process.
July 17, 2012UPS Extends TNT Deal Closure Date to 4Q
UPS Inc. said it expects its $6.3 billion acquisition of TNT Express NV will close in the fourth quarter, from an earlier projected Aug. 31 date, due to more time for review by European regulators.
July 16, 2012New York Manufacturing Index Rises
Manufacturing activity in the New York region expanded in July, the Federal Reserve Bank of New York said Monday.
July 16, 2012Business Inventories Rise in May
Business inventories rose 0.3% in May, the Commerce Department said Monday.
July 16, 2012Ingram Micro Agrees to Purchase BrightPoint
Technology distributor Ingram Micro Inc. said it has agreed to purchase BrightPoint Inc., a provider of logistics services to the wireless industry, for about $840 million, the companies announced in a joint statement July 2.
July 16, 2012Retail Sales Fall 0.5% in June
Retail sales declined 0.5% in June, the Commerce Department said Monday.
July 16, 2012