CRST Rises to 65th Largest U.S. Truck Carrier
CRST Inc., based in Cedar Rapids, climbs to No. 65 on Commercial Carrier Journal's Top 100 list for 1982. The ranking, derived from ICC financial data, marks a rise from No. 86 in 1981 and No. 100 in 1980, as CRST expands nationwide with new services and intermodal options after receiving third nationwide operating authority in 1981.
MENTIONED IN THIS ARTICLE
Crst Inc
Cedar Rapids
U.S
Commercial Carrier Journal
Interstate Commerce Commission
CRST
Nebraska
Dakotas
Tax cut fuels rise in personal income as jobs grow
Government data show July personal income up 0.6 percent due to stronger employment and a 10 percent tax cut boosting spendable income. Disposable income rose 1.7 percent while consumer spending edged higher by 0.4 percent and savings jumped 36.8 percent to about 5 percent of disposable income. total personal income reached 2.751 trillion annualized, with per capita income at 10 051 dollars.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Commerce
Come
Malcolm Baldrige
Labor Department
Robert Ortner
Baldrige
Ortner
United States
Jobless claims inch up in early August
First time unemployment claims rose to 383000 for the week ending August 6, up from 371000, the Labor Department reported. The rate remains near its two year low as unemployment trends downward from the 1981-82 recession with the national rate at 9.5 percent last month.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Market loses Wednesday gain as stocks fall on Thursday
The NYSE composite dips 0.78 to 94.73 and the Dow drops 14.02 to 1192.48 as oil shares lead but financial, auto, retail, computer, and airline issues slide. S&P indices fall while NASDAQ ends at 299.78, volume edges lower from the previous day.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Spreader firms acquire Larson Machine Inc plants
Cedar Rapids based Highway Equipment Co and Kraus Equipment Ltd announce the purchase of Larson Machine Inc which operates plants in Princeville Illinois and McCrory Kansas The combined companies employ about 200 workers after the merger with roughly equal staffing in Cedar Rapids Walford Oneonta New York and Lebanon Tennessee The takeover expands product lines for fertilizer spreaders sprayers and blending equipment.
MENTIONED IN THIS ARTICLE
Highway Equipment Co
Kraus Equipment Ltd
Cedar Rapids
C.M. Basile
W.T. Rissi
Larson Machine Inc
Princeville
Ill
McCrory
Kan
Highway Equipment
Larson
Kraus
Walford
Oneonta
N.Y
Lebanon
Tenn
Harvester Announces Top Shake-Up Amid Losses
International Harvester Co. outlines a major management overhaul as Louis W. Menk retires as chairman and Donald D. Lennox becomes chairman while remaining chief executive. Jack D. Rutherford to become president and chief operating officer. The May July quarter shows a $131 million net loss, with a $101 million operating loss and a $30 million extraordinary charge.
MENTIONED IN THIS ARTICLE
International Harvester
Chicago
International Harvester Co
Louis W. Menk
Donald D. Lennox
Lennox
Monk
Jack D. Rutherford
Harvester
Wilson pact accepted amid unresolved labor issues
A federal judge approved Wilson Foods new labor contract covering about 5,200 workers and ending a June strike. The judge may still rule on whether the company properly used bankruptcy laws to void the earlier pact. A Aug. 30 hearing will address the reorganization filing and related motions.
MENTIONED IN THIS ARTICLE
Oklahoma City
Wilson Foods
U.S
Richard L. Bohanon
Wilson
Edward R. Black
United Food and Commercial Workers
Labor Creditors Committee
Black
Citicorp Industrial Finance
New York
Curtice Burns earnings rise in latest fiscal period
Curtice Burns reports fiscal year to June 30 1983 operating revenue of 519.1 million and net income of 8.14 million per share 3.42. For second quarter ended July 31 1983 operating revenue 2.04 billion and net income 21.4 million per share 0.42. Earnings shown are from continuing operations. Lucky Stores owns Eagle Supermarkets in Eastern Iowa.
MENTIONED IN THIS ARTICLE
National
Cedar Rapids
Curtice-Burns
Lucky Stores
Eagle
Iowa
Dayton Hudson and Denny's Financial Highlights
Dayton Hudson, operator of Target and B Dalton Booksellers in Cedar Rapids, reports 1982 87 operating revenue up 24 percent to 1 544 million with net income up 37 percent to 36 113 million and 37 cent per share. Denny's operates a nationwide restaurant chain.
MENTIONED IN THIS ARTICLE
Dayton-Hudson
Target
B. Dalton
Cedar Rapids
Denny's
Also Mentioned on This Page
NYSE
Wall Street
Henry Kaufman
Salomon Brothers Inc
South Africa
Kaufman
Jacques Theriot
Smith Barney
Harris Upham & Co
Gulf Oil
Phillips Petroleum
Texaco
Mobil
Exxon
Standard of California
Tandy
Conroy
O'Sullivan Industries
American Stock Exchange
G.D. Searle
Massachusetts
Searle
Coca-Cola
Standard & Poor
S&p
Davenport
Iowa-Illinois Gas and Electric Co
Denny’s
Xerox
New York State
Holiday Inn
Williams Blvd
S.W. Hwy
Hwy
Ration
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