UPS Inc. said Thursday its second-quarter profit fell 43.4% to $549 million, or 55 cents a share, from $970 million, or 96 cents, a year ago.
October 22, 2009Business
Initial Jobless Claims Increase for Week
Initial jobless claims climbed last week, the Labor Department said Thursday.
October 22, 2009Business, Government, Safety
Caterpillar Announces Next CEO
Heavy equipment manufacturer Caterpillar Inc. said Thursday that Douglas Oberhelman will become its chief executive officer in July 2010.
October 22, 2009Business, Technology, Equipment, Safety
Ryder’s Third-Quarter Income Declines
Ryder System said Thursday its third-quarter profit fell to $24 million, or 43 cents a share, from $70.2 million, or $1.24, a year earlier.
October 22, 2009Business
Old Dominion’s Second-Quarter Profit Declines
Old Dominion Freight Line said Thursday its third-quarter profit fell 55.1% to $10.5 million, or 28 cents per share, from $23.4 million, or 63 cents, a year ago.
October 22, 2009Business, Logistics
Union Pacific’s 3Q Profit Drops
Union Pacific Corp.’s third-quarter profit fell 26% to $517 million, or $1.02 per share, from $703 million, or $1.38, a year ago.
October 22, 2009Business, Safety, Government
Knight’s 3Q Income Declines
Truckload carrier Knight Transportation’s third-quarter profit fell to $13.1 million, or 16 cents a share, compared with $16 million, or 19 cents, a year ago.
October 21, 2009Business, Fuel, Government
Forward Air’s 3Q Income Declines
Forward Air Corp. said late Wednesday its third-quarter profit fell to $3.8 million, or 13 cents per share, from $12.1 million, or 42 cents, a year ago.
October 21, 2009Business
Hub Group’s Third-Quarter Income Declines
Hub Group Inc. said late Wednesday its third-quarter net income fell to $9.8 million, or 26 cents a share, from $16.9 million, or 45 cents, a year ago.
October 21, 2009Business, Safety, Government
Trucking Sluggish in Some Regions, Fed ‘Beige Book’ Says
Despite some signs of economic recovery, transportation services activity in most regions declined in the six weeks through mid-October, the Federal Reserve said Wednesday.
October 21, 2009