Old Dominion Freight Line’s fourth-quarter profit more than doubled on higher tonnage, the less-than-truckload carrier said Wednesday.
February 2, 2011Business
ISM Services Index Expands in January
The U.S. economy’s service sector expanded in January, the Institute for Supply Management said Thursday.
February 3, 2011Business
Initial Jobless Claims Drop for Week
Initial jobless claims fell by 42,000 last week, the Labor Department said Thursday.
February 3, 2011Business
Productivity Increases at Faster Pace
U.S. workers’ productivity rose at a 2.6% annual rate in the fourth quarter of 2010, the Labor Department said Wednesday.
February 3, 2011BusinessEquipment
Bridgestone Sets 12% Increase in Truck Tire Prices
Bridgestone Bandag Tire Solutions said it is boosting prices of its Bridgestone and Firestone brand truck and bus radial tires by 12%, effective immediately.
February 2, 2011Business
Patriot Transportation’s Profit Improves
Tank and bulk carrier Patriot Transportation Holding’s fiscal first-quarter profit jumped from a year earlier, the company said Wednesday.
February 2, 2011Business
Xata Reports Smaller Loss in Fiscal 1Q
Transportation software firm Xata Corp. said it lost $120,000, or 1 cent per share, in its fiscal first quarter, compared with a loss of $1.7 million, or 20 cents, a year earlier.
February 2, 2011Business
I-70 Reopens in Missouri as Midwest Recovers from Snow
Missouri officials reopened Interstate 70 to traffic Wednesday morning after it had been closed due to a major snow storm.
February 2, 2011BusinessSafetyGovernmentLogistics
C.H. Robinson Reports Improved 4Q Profit
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a fourth-quarter profit of $103.2 million, or 62 cents a share, up 17.6% from $87.7 million, or 52 cents, a year earlier.
February 2, 2011GovernmentBusiness
NAFTA Surface Trade Increases 15.5%
Surface transportation trade among the United States, Canada and Mexico rose 15.5% in November from a year earlier, the Department of Transportation said.
February 2, 2011