New York state leaders reached agreement Thursday with New York City on a plan to put 鈥渃ongestion fees鈥 on cars and trucks operating in the center of Manhattan, the Associated Press reported.
July 19, 2007BusinessFuel
Oil Closes Near $76 a Barrel
Crude oil briefly touched $76 a barrel for the first time in 11 months before closing just below that level on Thursday, the Associated Press reported.
July 19, 2007BusinessGovernment
Philadelphia Factory Index Declines
Manufacturing growth in the Philadelphia area slowed in July, the Federal Reserve Bank of Philadelphia said.
July 19, 2007Business
Vitran鈥檚 Profit Dips in Second Quarter
Vitran Corp. said Thursday its second-quarter profit was $5.5 million or 41 cents a share, down from $5.8 million or 45 cents a year ago.
July 19, 2007GovernmentBusiness
Leading Economic Indicators Fall
An index of leading economic indicators fell 0.3% in June, the New York-based Conference Board said Thursday.
July 19, 2007BusinessLogistics
Union Pacific鈥檚 2Q Earnings Jump
Freight railroad Union Pacific Corp.鈥檚 second-quarter earnings jumped 14% to $446 million or $1.65 a share, from $390 million or $1.44 a year ago.
July 19, 2007BusinessTechnologyEquipmentSafety
Landstar鈥檚 2Q Profit Rises
Truckload carrier Landstar System said Thursday its second-quarter net income rose to $29.7 million or 53 cents a share, from $29.5 million or 50 cents a year ago.
July 19, 2007Business
Con-way鈥檚 2Q Income Falls
Con-way Inc.鈥檚 second-quarter net income fell to $46.4 million or 96 cents a share, from $68.9 million or $1.30 a year ago.
July 19, 2007BusinessSafetyGovernment
Knight鈥檚 Second-Quarter Earnings Improve
Truckload carrier Knight Transportation鈥檚 second-quarter profit rose to $18.2 million or 21 cents a share, from $18.1 million or 21 cents a year ago.
July 19, 2007Business
Jobless Claims Decline for Week
Initial jobless claims fell by 8,000 last week to 301,000, the Labor Department said Thursday.
July 19, 2007