U.S. intermodal rail traffic fell 12.6% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.
October 23, 2009Business, Logistics
Existing °®¶ą´«Ă˝ Sales Jump to Two-year High
Existing homes sales jumped in September to the highest level in more than two years, the National Association of Realtors said Friday.
October 23, 2009Business, Safety, Government, Logistics
TransForce Reports Lower 3Q Income
Canadian transportation and logistics firm TransForce Inc. said its third-quarter net income fell to C$17 million, or 19 cents a share, from C$26.5 million, or 31 cents, a year ago.
October 23, 2009Government, Business, Safety
Volvo Reports Fourth Straight Loss
Volvo AB said Friday it lost $427 million, or 21 cents a share in the third quarter, less than analysts’ estimates, as labor reductions showed savings faster than anticipated, Bloomberg reported.
October 23, 2009Business, Safety
Intermodal Traffic Declines for Week
Government, Business, Safety
Universal Truckload Services’ Income Drops
Universal Truckload Services said its third-quarter net income plunged 68.6% to $1.7 million, or 11 cents per share, from $5.4 million, 34 cents, a year ago.
October 22, 2009Business, Technology, Equipment, Safety
Iteris’ Income Falls for Fiscal 2Q
Iteris Inc., which makes lane-departure warning systems for the trucking industry, said Thursday its fiscal second-quarter profit decreased from a year ago.
October 22, 2009Business
BNSF’s 3Q Income Falls 29.8%
Burlington Northern Santa Fe Corp. said its third-quarter profit fell 29.8% as shipping volumes dropped.
October 22, 2009Business
USA Truck Reports 3Q Loss
Truckload carrier USA Truck reported a third-quarter loss of $1.6 million, or 16 cents per share, compared with net income of $2.4 million, or 23 cents, a year ago.
October 22, 2009Business
Rush Reports Third-Quarter Loss
Truck dealership Rush Enterprises said that ist third-quarter profit was $3 million, or 8 cents a share, compared with $8 million, or 21 cents, in the same quarter last year.
October 22, 2009Business, Government
Leading Economic Indicators Rise for Sixth Month
An index of leading economic indicators rose 1% in September, marking the sixth straight increase, the New York-based Conference Board said Thursday.
October 22, 2009