Union Pacific’s 4Q Earnings Decline
Union Pacific Corp. said Thursday its fourth-quarter profit fell 17% from a year ago as freight demand declined.
January 21, 2010Leading Economic Indicators Improve
An index of leading economic indicators improved for a ninth straight month in December, the New York-based Conference Board said Thursday.
January 21, 2010Philadelphia Factory Index Falls in January
Manufacturing levels in the Philadelphia expanded in January for the fifth consecutive month, but at a lower pace than December, the Federal Reserve Bank of Philadelphia said Thursday.
January 21, 2010Jobless Claims Jump for Week
Initial jobless claims jumped by 36,000 last week, the Labor Department said Thursday.
January 21, 2010CSX’s Fourth-Quarter Profit Grows 23%
CSX Corp.’s fourth-quarter earnings rose 23% from the same period last year but shipping volumes continued to fall, the Associated Press reported.
January 21, 2010Opinion: ‘Making Plan’ in 2010
Millions of Americans turn their personal goals into New Year’s resolutions. In a sense, trucking CEOs also make New Year’s resolutions for their firms: the annual operating plan. But while failing to keep individual resolutions is disappointing, when a trucking company leader fails to “make plan,” the financial results can be catastrophic.
January 21, 2010Truck-Involved Fatalities Drop 12.3% in 2008
The rate of truck-involved fatalities in the United States dropped 12.3% in 2008 to a record low, American Trucking Associations said Wednesday.
January 20, 2010ATA Tells FMCSA Hours-of-Service Rule Is Working
Trucking industry speakers including American Trucking Associations told the Federal Motor Carrier Safety Administration that current federal hours-of-service rules for truck drivers are working.
January 20, 2010Volvo CEO Sees More Trucking Consolidations
Volvo AB’s chief executive officer said he sees more consolidation in the trucking industry, in part because there are too many producers, particularly in China, Bloomberg reported Wednesday.
January 20, 2010Trailer Bridge to Expand Dominican Republic Service
Trailer Bridge said that it will double the frequency of its sailings to the Dominican Republic, introducing weekly service to the route.
January 20, 2010