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News

IdleAire Ceasing Operations

IdleAire Inc., which provided stationary power for trucks to use at truck stops in lieu of idling, is ceasing operations Friday because it was unable to find a buyer for its assets, the Knoxville (Tenn.) News-Sentinel reported.

Paccar’s 4Q Earnings Decline

Truck maker Paccar Inc.’s fourth-quarter profit fell to $46.1 million, or 13 cents a share, from $113.1 million, or 31 cents, a year ago.

Saia’s 4Q Loss Narrows

Saia Inc.

Fourth-Quarter GDP Grows at Fastest Pace in Six Years

The U.S. economy expanded at a 5.7% annual rate in the fourth quarter of 2010, the fastest pace since the third quarter of 2003, the Commerce Department said Friday.

Winter Storm Hits Highways in Okla., Southeast

A winter storm heading eastward across Tennessee into the Carolinas Friday is causing havoc on roads due to ice and snow, news services reported.