WASHINGTON — New jobless claims jumped last week by the most since February, reversing the previous week’s sharp decline. The rise is partly a result of seasonal factors but also reflects the job market’s weakness.
OMAHA, Neb. — Truckload carrier Werner Enterprises Inc. said Wednesday that its second-quarter profit jumped 65 percent on higher pricing and increased revenue from a growing number of freight loads.
NEW YORK — Truckload carrier Knight Transportation said Wednesday its second-quarter earnings rose 26 percent as demand for trucks to move goods in many markets outpaced the number of trucks available.
NEW YORK — Arkansas Best cut its second-quarter losses in half, the less-than-truckload company reported Wednesday, with shipments picking up as the economy rebounds.
CLEVELAND — Diversified manufacturer Eaton Corp. reported a surge in second-quarter profits Wednesday as global sales increased 16 percent over the same period last year when the entire industry was hammered by the recession.