WASHINGTON — Consumer prices fell for the third straight month, offering some bargains to American shoppers. The Consumer Price Index, the government’s most closely watch inflation barometer, dipped 0.1 percent in June, the Labor Department reported Friday. Less expensive energy bills were a big factor behind the drop. Prices for some food items, airlines fares, computers, telephone service and personal care products also fell last month.
LOWELL, Ark. — J.B. Hunt Transport Services Inc. said on Thursday that its second-quarter net income more than doubled as demand for truck hauling increased.
WASHINGTON — The once-popular ethanol industry is scrambling to hold onto billions of dollars in government subsidies, fighting an increasing public skepticism of the corn-based fuel and wariness from lawmakers who may divert the money to other priorities.
WASHINGTON — New evidence of a slowing economic rebound emerged Thursday in reports that manufacturing activity is slowing after helping drive the early stages of the recovery.
JACKSONVILLE, Fla. — Freight shipper and warehouser Landstar System Inc. said second-quarter net income rose as revenue climbed 31 percent, and the CEO called the freight market “strong.”