Wednesday, January 17, 2018
Business
Factory activity fueling modest economic recovery

Factory activity fueling modest economic recovery

NEW YORK — Hopes that America's factories will help drive the economic recovery gained support Monday from news that manufacturing activity grew in January to its strongest point since 2004.

Saia posts smaller 4Q loss on cost cutting

Saia posts smaller 4Q loss on cost cutting

JOHNS CREEK, Ga. — Less-than-truckload carrier Saia posted a smaller fourth-quarter loss Friday after cutting costs.

Personal incomes, consumer spending up in December

Personal incomes, consumer spending up in December

WASHINGTON — Personal incomes rose more than expected in December and consumer spending increased for the third straight month, helping the economy slowly recover from the worst recession in decades.

Old Dominion profit slips, but freight levels stabilize in 4Q

Old Dominion profit slips, but freight levels stabilize in 4Q

THOMASVILLE, N.C. — Old Dominion Freight Line Inc. said Thursday its fourth-quarter profit fell, but tonnage on the less-than-truckload carrier declined more slowly -- and even picked up in December.

Arkansas Best loss widens on write-down

Arkansas Best loss widens on write-down

FORT SMITH, Ark. — Trucking operator Arkansas Best Corp. posted a wider fourth-quarter loss on Thursday as it wrote down the value of assets and its revenue fell amid weak prices for freight shipping. The company also slashed its dividend to 3 cents from 15 cents a share.

Heartland Express 4Q profit drops, revenue falls

Heartland Express 4Q profit drops, revenue falls

NORTH LIBERTY, Iowa — Heartland Express Inc. said Wednesday that profit fell in the fourth quarter as the ongoing recession continued to push down freight demand.

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