Opportunities in trucking and logistics in China鈥檚 burgeoning economy will be the subject of a panel discussion at American Trucking Associations鈥 annual meeting in Orlando, Fla., next week.
October 19, 2007BusinessSafetyGovernment
Covenant Takes Third-Quarter Loss
Covenant Transportation Group reported it lost $3.6 million or 25 cents a share, compared with a net income of $795,000 or 6 cents a year earlier.
October 19, 2007BusinessGovernment
Philadelphia Factory Index Dips
Manufacturing levels declined in the Philadelphia area this month, the Federal Reserve Bank of Philadelphia said Thursday.
October 18, 2007BusinessTechnologyEquipmentSafety
Landstar鈥檚 3Q Earnings Dip
Truckload carrier Landstar System said Thursday its third-quarter net income slipped from a year ago, though its per-share income rose.
October 18, 2007BusinessLogistics
Union Pacific Reports Record 3Q Revenue
Union Pacific Corp. said Thursday its third-quarter earnings jumped 27% to $532 million or $2 a share, from $420 million or $1.54 a year ago.
October 18, 2007BusinessSafetyGovernment
Knight鈥檚 Third-Quarter Earnings Decline
Truckload carrier Knight Transportation鈥檚 third-quarter profit fell to $14.5 million or 17 cents a share, from $18.9 million or 22 cents a year ago.
October 18, 2007Business
USA Truck鈥檚 3Q Profit Plunges
Truckload carrier USA Truck said Thursday its third-quarter profit dropped to a near loss, due to a 鈥渃hallenging鈥 freight environment.
October 18, 2007GovernmentBusiness
Leading Economic Indicators Rise 0.3%
An index of leading economic indicators rose 0.3% in September, the New York-based Conference Board said Thursday.
October 18, 2007Business
Jobless Claims Rise 28,000 for Week
Initial jobless claims rose by 28,000 last week to 337,000, the Labor Department said Thursday.
October 18, 2007BusinessGovernment
Fed 鈥楤eige Book鈥 Notes Mixed Trucking Activity
A report from the Federal Reserve鈥檚 regional banks suggested that economic activity continued to expand, although trucking鈥檚 outlook varied by region.
October 18, 2007