Housing Starts Fall to 26-Year Low
New home construction fell to a 26-year low in September, the Commerce Department said Friday.
October 17, 2008Intermodal Traffic Declines for Week
Rail and intermodal traffic declined last week compared with the same week a year ago, the Association of American Railroads said.
October 17, 2008Oil Falls Below $70 a Barrel
Oil prices continued their recent downturn, falling to below $70 a barrel and marking the lowest level in more than a year as worldwide demand continued to contract in the face of economic uncertainty, news services reported.
October 17, 2008Opinion: The Challenges Facing Trucking
People often ask me how it is that, as a farmer, I stumbled into trucking. I grew up involved in the day-to-day operations of my family’s Indiana farm, but in 1972, I decided it was time to devote my energies to agribusiness.
October 17, 2008USA Truck’s Third-Quarter Income Improves
Truckload carrier USA Truck said Thursday its third-quarter profit jumped to $2.4 million, or 23 cents a share, from $16,000, or zero cents, a year ago.
October 16, 2008Landstar’s 3Q Profit, Revenue Rise
Truckload carrier Landstar System said late Wednesday its third-quarter profit rose to $32.8 million, or 62 cents a share, from $29.3 million, or 54 cents, a year ago.
October 16, 2008Consumer Price Index Unchanged in September
Consumer prices were unchanged in September, kept in check by falling fuel prices, the Labor Department said Thursday.
October 16, 2008Jobless Claims Fall for Week
Initial jobless claims fell by 16,000 last week, while continuing claims reached a five-year high, the Labor Department said Thursday.
October 16, 2008Werner’s Third-Quarter Profit Improves
Truckload carrier Werner Enterprises said Thursday its third-quarter net income rose to $22.4 million, or 31 cents a share, from $21.9 million, or 30 cents, last year.
October 16, 2008Fed Report Cites Sluggish Economic Outlook
Economic activity weakened across all 12 districts of the Federal Reserve from late August through early October, with contacts citing pessimism about the economic outlook, the Fed said Wednesday.
October 15, 2008