Surface trade among the United States, Canada and Mexico jumped 16.3% in February from a year earlier, the Department of Transportation said Wednesday.
April 30, 2008Business
Oshkosh Reports Higher 2Q Profit
Specialty truck maker Oshkosh Truck Corp. reported a fiscal second-quarter profit of $72.6 million, or 97 cents a share, up from $50.9 million, or 68 cents, a year ago.
May 1, 2008Business
Jobless Rolls Reach Four-Year High
Initial jobless claims rose to a four-year high last week, the Labor Department said Thursday.
May 1, 2008GovernmentBusiness
Personal Spending Rises 0.4%
Consumer personal spending rose 0.4% in March, the Commerce Department said Thursday.
May 1, 2008BusinessSafety
Snow Closes I-70 Near Denver
Authorities closed westbound lanes of Interstate 70 west of Denver Thursday because of accidents caused by a spring snowstorm, the Associated Press reported.
May 1, 2008Business
Frozen Food Express Reports 1Q Loss
Refrigerated truckload carrier Frozen Food Express Industries said it lost $825,000, or 5 cents a share, in the first quarter, compared with a loss of $233,000, 1 cent, a year ago.
April 30, 2008Business
Fed Cuts Key Interest Rate a Quarter-Point to 2%
The Federal Reserve cut the key U.S. interest rate Wednesday by a quarter of a point, to 2%.
April 30, 2008BusinessSafetyGovernment
DOT Secretary Peters Launches Blog
Transportation Secretary Mary Peters has launched a blog at DOT, called the Fast Lane.
April 30, 2008GovernmentBusinessEquipment
Cummins’ 1Q Profit Jumps
Diesel engine maker Cummins Inc.’s first-quarter profit jumped 33% to $190 million, or 97 cents a share, from $143 million, or 71 cents, a year ago.
April 30, 2008BusinessSafetyGovernment
Trucking Could Gain Hazmat Business Under New DOT Rail Shipment Rules
Railroads are facing new federal regulations for shipments of highly hazardous materials, such as chlorine, that could drive more business to trucks.
April 30, 2008