Business

Xata Corp. Thursday reported a fiscal third-quarter loss of $500,000, or 4 cents per share, compared with net income of $600,000, or 2 cents, a year ago.

Wright Express Corp.’s second-quarter profit grew to $40.6 million, or $1.04 per share, compared with $30 million, or 77 cents, a year earlier.

Initial jobless claims dipped by 1,000 last week to 400,000, the fewest in almost four months, Labor Department said Thursday.

General Motors Co.’s second-quarter profit almost doubled on rising U.S. sales, Bloomberg reported Thursday.

American Trucking Associations will sponsor for the third year a video contest for National Truck Driver Appreciation Week, Sept. 11-17.

Tank and bulk carrier Patriot Transportation Holding’s fiscal third-quarter net income declined to $2.4 million, or 25 cents a share, from $2.6 million, or 28 cents, a year ago.

Trailer manufacturer Wabash National Corp. reported a second-quarter profit compared with a loss a year ago, as trailer sales improved.

Factory orders decreased 0.8% in June, the Commerce Department said Wednesday.

Navistar International Corp. said late Tuesday it will close its truck plant in Ontario, Canada, that has been idled for two years due to labor issues.

Goodyear Tire & Rubber Co. said its second-quarter profit as sales jumped 24% to a quarterly record.