Thursday, January 18, 2018
Business
Arkansas Best shuffles management team

Arkansas Best shuffles management team

FORT SMITH, Ark. — James A. Ingram, currently Arkansas Best vice president of market development, will add the responsibilities of strategic development, effective immediately, Arkansas Best Corp. said Tuesday.

Norfolk Southern ‘convinced’ U.S. recovery underway

Norfolk Southern ‘convinced’ U.S. recovery underway

NEW YORK — Norfolk Southern Corp. is convinced the U.S. economic recovery is well under way. It’s just not sure how fast it will happen.

ATA Truck Tonnage Index up 0.4 percent in March

ATA Truck Tonnage Index up 0.4 percent in March

ARLINGTON, Va., — The American Trucking Associations’ advance seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 0.4 percent in March, following a revised 0.3 percent decrease in February. The latest improvement put the SA index at 109.2 (2000=100), which is the highest level since November 2008.

Global Insight service forecasts 8.5% growth in trade by all transportation modes

Global Insight service forecasts 8.5% growth in trade by all transportation modes

LEXINGTON, Mass. — World trade by all modes of transportation, rebounding strongly from a deep dive during the global economic crisis, will grow 8.5 percent in 2010, according to the latest forecast from IHS Global Insight's World Trade Service.

Consumer confidence rises to 57.9; home prices up

Consumer confidence rises to 57.9; home prices up

NEW YORK — Americans’ confidence in the economy rose in April to its highest level since September 2008, just as the financial crisis escalated, according to a private research group.

Cummins 1Q earnings up sharply, guidance raised

Cummins 1Q earnings up sharply, guidance raised

COLUMBUS, Ind. — Engine maker Cummins Inc. Tuesday reported sharply higher first-quarter profits on improved sales in fast-recovering markets like China and the effect of restructuring charges in the year-ago quarter.

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