Tuesday, April 24, 2018
Business
Rail freight volume off last of February

Rail freight volume off last of February

WASHINGTON — Freight traffic on U.S. railroads was down slightly near the end of February in comparison with last year, primarily because of a sharp drop in coal loadings, the Association of American Railroads reported.

Reports show modest but steady economic recovery

Reports show modest but steady economic recovery

NEW YORK — Mixed reports Monday on manufacturing, construction and personal income and spending made clear that the economy is enjoying modest growth even though the recovery remains fragile.

January spending increases but income growth slows

January spending increases but income growth slows

WASHINGTON — Personal spending jumped by a larger amount than expected in January but Americans’ incomes barely budged as millions of Social Security recipients did not get their usual cost of living boost. The weak income growth could depress spending in the months ahead, acting as a further drag on the fragile economic recovery.

Accuride emerges from Chapter 11 bankruptcy

Accuride emerges from Chapter 11 bankruptcy

EVANSVILLE, Ind. — Accuride Corp., one of the largest and most diversified manufacturers and suppliers of commercial vehicle components in North America, has successfully completed all conditions of its Plan of Reorganization and emerged from Chapter 11 with a new capital structure after only five months, the company said Friday.

Analyst says trucking industry firming up, raising prices

Analyst says trucking industry firming up, raising prices

NEW YORK — A KeyBanc analyst said Thursday demand in the trucking industry is improving as downsizing and the failures of smaller companies have paved the way for existing trucks to carry more freight.

Strong growth in Q4 likely to slow throughout 2010

Strong growth in Q4 likely to slow throughout 2010

WASHINGTON — Don't count on the economic growth spurt at the end of 2009 to carry into this year.

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