Sunday, March 26, 2017
Business
Obama announces initiatives for middle class

Obama announces initiatives for middle class

WASHINGTON — President Barack Obama on Monday offered help for people struggling to pay bills and care for their families, appealing to a middle-class he says has been "under assault for a long time."

Eaton ends year upbeat; sees a better 2010

Eaton ends year upbeat; sees a better 2010

CLEVELAND — Eaton Corp. said Monday that its fourth-quarter profit rose as the economy stabilized and the manufacturing company said it believes business will grow this year.

TransCore: December spot freight doubles year-over-year

TransCore: December spot freight doubles year-over-year

PORTLAND, Ore. — Spot market freight availability on TransCore load boards in December rose by 103 percent year over year, to twice the level achieved in the same month of 2008, according to the TransCore Freight Index. Freight volume also exceeded November levels by 11 percent on the North American spot market (United States and Canada). The index is a measure of truckload freight volume found on load boards supported by TransCore’s DAT Network, including 3sixty Freight Match, TruckersEdge.net and the company’s Canadian subsidiary service Link Logistics.

Commercial trailer shipments in 2009 lowest since 1975

Commercial trailer shipments in 2009 lowest since 1975

COLUMBUS, Ind. — Commercial trailer factory shipments reached 8,296 in December, the highest monthly total for 2009. However, full year shipments were off 44 percent year-over-year and fell to the lowest level since 1975, according to commercial truck and trailer market analyst ACT Research Co.

Union Pacific 4Q profit falls 17 percent

Union Pacific 4Q profit falls 17 percent

OMAHA, Neb. — Union Pacific Corp. said Thursday its fourth-quarter profit fell 17 percent as the railroad’s efforts to improve productivity and limit costs could not offset lower shipping volume.

Initial jobless claims unexpectedly rise

Initial jobless claims unexpectedly rise

WASHINGTON — The number of newly-laid off workers seeking jobless benefits unexpectedly rose last week, as the economy recovers at a slow and uneven pace.

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