Tuesday, January 16, 2018
Business
UPS posts 33 percent jump in 1Q earnings per share

UPS posts 33 percent jump in 1Q earnings per share

ATLANTA — In a good sign for the U.S. economy, shipping giant UPS said Wednesday it is firing on all cylinders and posted a 33 percent increase in first-quarter earnings per share.

Jobless claims rise for second straight week

Jobless claims rise for second straight week

WASHINGTON — The number of newly laid off people signing up for unemployment benefits rose sharply for the second straight week, suggesting that jobs are still hard to come by even as the economic recovery gains traction.

DOT freight measure up again in February

DOT freight measure up again in February

WASHINGTON — The Freight Transportation Services Index (TSI) rose 0.3 percent in February from its January level, rising for the second consecutive month, the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reported Wednesday.

JB Hunt says 1Q profit rose 21.9 percent

JB Hunt says 1Q profit rose 21.9 percent

LOWELL, Ark. — J.B. Hunt Transport Services Inc. said Wednesday that its first-quarter profit rose 21.9 percent as it benefited from more truck-to-rail traffic and a profit in truck shipments

Volvo Group announces appointments at Mack, Volvo Trucks N.A.

Volvo Group announces appointments at Mack, Volvo Trucks N.A.

GREENSBORO, N.C. — The Volvo Group, parent company of Volvo Trucks North America and Mack Trucks, both with headquarters here, Wednesday announced several management appointments.

Consumer prices up slight 0.1 percent in March

Consumer prices up slight 0.1 percent in March

WASHINGTON — Consumer prices edged up a modest amount in March with prices outside of food and energy rising at the slowest pace over the past 12 months in six years. Despite the good inflation news, household budgets remained under pressure as hourly earnings fell again

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