Truckload carrier J.B. Hunt Transport Services said late Thursday its third-quarter profit fell 12%, due to higher expenses and lower trucking revenue.
October 12, 2007Business
Pennsylvania Set to Toll I-80
Pennsylvania officials are set to sign lease by Monday to convert Interstate 80 into a toll road, the Pittsburgh Post-Gazette reported Friday.
October 12, 2007Business
U.S. Xpress Execs Complete Share Purchase
Executives of U.S. Xpress Enterprises said Friday they completed their planned purchase of the truckload carrier, for $20.10 per share.
October 12, 2007BusinessGovernment
Retail Sales Rise 0.6% in September
Retail sales rose 0.6% in September, the Commerce Department said Friday.
October 12, 2007BusinessGovernment
Consumer Confidence Dips in October
Consumer confidence declined this month, according to a preliminary monthly report by the University of Michigan, released Friday.
October 12, 2007BusinessGovernment
Business Inventories Edge Up 0.1%
Business inventories rose just 0.1% in August, while sales fell 0.4%, the Commerce Department said Friday.
October 12, 2007BusinessSafety
Rail, Intermodal Traffic Drop for Week
Rail and intermodal traffic continued declined for the week ended Saturday from a year ago, the Association of American Railroads said Thursday.
October 11, 2007GovernmentBusinessSafety
Chrysler, UAW Settle After Brief Strike
Chrysler LLC and the United Auto Workers union ended a brief strike after agreeing on a contract similar to one signed recently between the UAW and General Motors Corp., Bloomberg reported.
October 11, 2007BusinessFuelGovernmentSafety
Forward Air Says 3Q Income to Decline
Forward Air Corp., a contractor to the air cargo industry, said late Wednesday it expects to earn 35 cents 37 cents for the third quarter, down from a year ago.
October 11, 2007Business
Jobless Claims Decline for Week
Initial jobless claims fell by 12,000 last week, the Labor Department said Thursday.
October 11, 2007