Tire maker Michelin & Cie. said its first-quarter revenue rose 28%, led by surging demand in truck tires and a general economic rebound, Bloomberg reported.
April 22, 2011BusinessFuel
Diesel Fuel, Gasoline Prices Spiral Higher
The surge in diesel prices continued last week, as the U.S. retail average rose 2.7 cents a gallon to $4.105, the Department of Energy reported.
April 25, 2011BusinessFuel
Oil Finishes Week Over $112; Obama Administration to Probe Speculation
Oil finished the trading week over $112 a barrel and the Obama administration will examine the role of traders and speculators in oil markets and their contribution to high fuel prices, Bloomberg reported.
April 22, 2011BusinessSafety
Intermodal Traffic Grows 9.8% for Week
Intermodal traffic increased 9.8% last week from a year ago, the Association of American Railroads reported.
April 22, 2011PerspectiveBusinessTechnologyGovernment
Opinion: Passing Through the Patent ‘Troll’ Booth
As technologies are implemented and improved in various industries, companies are at an increased risk of being sued for patent infringement. This is particularly true as federal or state regulators move to require companies to use electronic tracking or other technology.
April 22, 2011Business
Werner’s First-Quarter Earnings Jump 50%
Werner Enterprises’ first-quarter earnings rose 50% on higher freight shipments.
April 21, 2011Business
Landstar’s 1Q Profit Improves on Higher Freight Demand
Landstar System said Thursday its first-quarter earnings rose and that pricing has continued to improve into the second quarter.
April 21, 2011BusinessAutonomous
Rush Enterprises’ Income More Than Triples
Rush Enterprises’ first-quarter profit more than tripled from a year ago on higher truck sales.
April 21, 2011Business
USA Truck’s First-Quarter Loss Narrows
USA Truck reported a first-quarter loss of $2.7 million, or 26 cents per share, compared with a loss of $3 million, or 24 cents, a year ago.
April 21, 2011BusinessLogistics
Forward Air’s 1Q Income More than Doubles
Forward Air Corp.’s first-quarter net income rose to $7.9 million, or 27 cents a share, from $3.4 million, or 12 cents, a year ago.
April 21, 2011