YRC Worldwide lost $255 million, or $3.53 a share, from operations in the second quarter of 2009, down sharply from a year-ago profit of $35.8 million, or 62 cents, 39 cents of which came from a curtailment gain related to pensions.
July 31, 2009BusinessFuelGovernment
Diesel Rises 3.2垄 to $2.528
The U.S. average retail diesel price rose 3.2 cents a gallon last week to $2.528, the first increase in five weeks, the Department of Energy reported.
August 3, 2009BusinessSafetyGovernment
Intermodal, Rail Traffic Drop for Week
Intermodal rail traffic in the United States fell 17.9% last week compared with the same week last year, the Association of American Railroads said.
July 31, 2009BusinessSafetyGovernment
P.A.M. Reports $2.4 Million Second-Quarter Loss
Truckload carrier P.A.M. Transportation Services reported a second-quarter loss of $2.4 million, or 25 cents per share, compared with a loss of $1.3 million, or 14 cents, a year ago.
July 31, 2009Business
Intermec鈥檚 Fourth-Quarter Profit Declines
Supply chain technology firm Intermec Inc. reported a second-quarter loss of $6.5 million, or 11 cents a share, down from a profit of $7.7 million, or 13 cents, a year ago.
July 31, 2009BusinessGovernment
Second-Quarter GDP Contracts 1%
The U.S. economy contracted at an annual rate of 1% in the second quarter after the worst contraction in 27 years, the Commerce Department said Friday.
July 31, 2009BusinessSafetyGovernment
NAFTA Surface Trade Declines In May
Surface transportation trade among the United States, Canada and Mexico fell 35.4% in May from a year earlier, the largest year-to-year drop on record, the Department of Transportation said Thursday.
July 30, 2009BusinessLogistics
Kansas City Southern Profit Shrinks in 2Q
Kansas City Southern said Thursday it earned $6.7 million, 7 cents a share, in its second quarter, compared with $50.2 million, or 56 cents, a year ago.
July 30, 2009Business
Jobless Claims Rise for Week
Initial jobless claims rose last week but stayed below their late June level, the Labor Department said Thursday.
July 30, 2009Business
House Votes to Replenish Highway Trust Fund
The House of Representatives voted to transfer $7 billion into the ailing Highway Trust Fund, a move leaders said was necessary to keep the fund solvent through the upcoming congressional recess.
July 30, 2009