Daimler AG said Friday its trucks division posted a 21% jump in first-quarter sales to 107,700 vehicles, as demand in North America and Asia more than made up for declines in Europe and Latin America.
April 27, 2012BusinessSafetyGovernmentLogistics
TransForce Earnings, Revenue Improve
Canadian transportation firm TransForce Inc. said its first-quarter profit improved, boosted by acquisitions.
April 27, 2012BusinessGovernment
Arkansas Best’s 1Q Loss Widens
Arkansas Best Corp. on Friday said its first-quarter loss widened from a year ago, in part due to a low corporate tax benefit rate, high workers’ compensation costs and investments in sales, customer service and information technology.
April 27, 2012BusinessGovernmentLogistics
Consumer Confidence Reaches Highest in a Year
Consumer confidence rose in April to the highest level in a year, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
April 27, 2012BusinessLogistics
Intermodal Traffic Rises 6% for Week
U.S. intermodal traffic climbed 6% for the week ended Saturday from a year ago, the Association of American Railroads said.
April 27, 2012BusinessLogistics
Universal Truckload’s Profit Improves
Universal Truckload Services’ first-quarter net income rose to $3.6 million, or 23 cents a share, from $2.9 million, or 19 cents, a year ago.
April 27, 2012BusinessLogistics
Echo Global Logistics’ 1Q Income Rises
Echo Global Logistics said its first-quarter profit rose as revenue climbed to a record high.
April 27, 2012Business
Volvo’s 1Q Profit Rises on Higher North American Truck Sales
Volvo AB reported a first-quarter profit, as its North American truck sales jumped.
April 26, 2012Business
UPS Reports Higher First-Quarter Profit
UPS Inc. reported a higher first-quarter profit, led by a 19% gain in its supply chain and freight unit.
April 26, 2012Business
Landstar Reports Record 1Q Earnings
Landstar System Thursday reported its first-quarter net income rose to $26.8 million, or 57 cents per share, from $20.6 million, or 43 cents, a year ago.
April 26, 2012