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Factory Orders Increase 0.1%; Excluding Transportation Rise 1.3%

Orders placed with factories rose 0.1% in March, the Commerce Department reported Tuesday.

May 3, 2005

Frozen Food Express Reports Higher 1Q Earnings

Frozen Food Express Industries Inc. said late Monday its first-quarter profit rose to $3.3 million or 18 cents a share, from $1.9 million or 11 cents a year earlier.

May 3, 2005

Oshkosh Reports Higher Earnings; Boosts Guidance

Specialty truck maker Oshkosh Truck Corp. Tuesday reported improved earnings for its second quarter ended March 31, raised its earnings guidance for the year and boosted its dividend payments.

May 3, 2005

Congress Considering National Standards for Drivers' Licenses

Click here to write a Letter to the Editor. ongress is considering setting national standards for states to follow in issuing drivers’ licenses, the New York Times reported Tuesday.

May 3, 2005

Kansas City Southern Reports Higher Earnings

Kansas City Southern reported first-quarter net income Tuesday of $5.9 million or 9 cents a share, up from $1.2 million 2 cents a year earlier.

May 3, 2005

April Auto, Light Truck Sales Numbers Mixed

Ford Motor Co. reported lower automobile and light truck sales Tuesday while DaimlerChrysler AG reported an increase in auto sales.

May 3, 2005

Fed Poised to Raise Interest Rates Tuesday

Click here to write a Letter to the Editor. he Federal Reserve is expected to raise interest rates again Tuesday by a quarter-point to 3%, news services reported.

May 2, 2005

Yellow Roadway Raises Cash Component in USF Deal

Yellow Roadway Corp. Monday increased the cash component of its pending acquisition of USF Corp. to 65% cash and 35% stock, up from an original 50-50 cash-stock plan.

May 2, 2005

FedEx Freight to Raise LTL Rates 5.6%

Click here to write a Letter to the Editor. edEx Freight said Friday it will implement a 5.6% general rate increase effective May 16.

May 2, 2005

Technology Briefs - April 26 - May 2

Nextel, Motorola Introduce New Ruggedized Phone • EPA Issues Refrigerant Warning • XM Radio’s Loss Narrows as Subscriptions Rise • Sirius Reports Higher Loss, Increased Revenue • And more...

May 2, 2005

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