Con-way Inc. said late Tuesday its third-quarter net income fell to $39 million or 78 cents a share, from $64.8 million or $1.24 per share a year ago.
October 24, 2007Business, Safety, Government, Logistics
TransForce Reports Lower Third-Quarter Earnings
Canadian transportation firm TransForce Income Fund said Wednesday its third-quarter earnings declined, due in part to a slowdown in truck volumes.
October 24, 2007Business
Con-way’s 3Q Profit Declines
Business
Paccar Reports Lower 3Q Earnings; Boosts Dividend
Heavy-duty truck maker Paccar Inc. said Wednesday its third-quarter profit fell 25% on continued lower demand, but the company boosted its quarterly dividend.
October 24, 2007Business
Volvo’s 3Q Operating Profit Improves
Truck maker Volvo AB’s earnings before interest and taxes were about $772 million, with its truck-unit operating profit rising 1%, Bloomberg reported Wednesday.
October 24, 2007Business, Technology, Equipment, Safety, Logistics
Ryder’s Third-Quarter Earnings Improve
Trucking and logistics firm Ryder System said Wednesday its third-quarter profit rose, as its supply chain unit showed improvement.
October 24, 2007Business, Logistics
Norfolk Southern’s 3Q Earnings Decline
Eastern freight railroad Norfolk Southern Corp. said Wednesday its third-quarter earnings fell 7% to $386 million or 97 cents a share, from $416 million or $1.02 a year ago.
October 24, 2007Business, Safety, Government
House Passes Rail Safety Bill
The House passed legislation last week that would require the Secretary of Transportation to develop a long-term strategy for improving railroad safety.
October 24, 2007Business, Technology, Equipment, Safety
Iteris Reports Improved 2Q Earnings
Iteris Inc., which makes lane-departure warning systems for the trucking industry, said late Tuesday its second-quarter profit improved from a year ago.
October 23, 2007Business
Carlsson Named President of Volvo Trucks North America
Per Carlsson will replace Peter Karlsten as president and chief executive officer of Volvo Trucks North America, effective Jan. 1, Volvo said Tuesday.
October 23, 2007Business
UPS’ 3Q Income Rises 3.7%
UPS Inc. said Tuesday its third-quarter net income rose 3.7% to $1.08 billion or $1.02 per share, from $1.04 billion or 96 cents a year ago.
October 23, 2007