The average national price of diesel fuel fell for a third straight week, dropping 1.1 cents to $3.259 a gallon, the Department of Energy said Monday.
January 29, 2008Business
Marten’s Fourth-Quarter Income Declines
Refrigerated truckload carrier Marten Transport’s fourth-quarter net income fell to $3 million, or 14 cents a share, from $5.2 million, or 24 cents a year ago.
January 29, 2008BusinessEquipmentAutonomous
ArvinMeritor Reports 1Q Loss
Trucking components maker ArvinMeritor Inc. Tuesday reported a $12 million, or 17 cents a share for its fiscal first quarter, compared with a profit of $7 million, or 10 cents a share, in the previous first quarter.
January 29, 2008Business
Con-way’s Fourth-Quarter Income Declines
Con-way Inc. said late Monday its fourth-quarter net income fell to $34.5 million, or 73 cents a share, from $82.4 million, or $1.66 per share, a year earlier.
January 29, 2008Business
BNSF Reports 4Q Profit; Revenue Reaches Record
Burlington Northern Santa Fe Corp. said Tuesday its fourth-quarter profit dipped slightly but rose on a per-share basis, while its revenue reached a record.
January 29, 2008GovernmentBusiness
Consumer Confidence Falls in January
Consumer confidence declined in January, the New York-based Conference Board said Tuesday.
January 29, 2008Business
Paccar’s 4Q Income Falls
Heavy-duty truck maker Paccar Inc. said Tuesday its fourth-quarter profit fell to $261.1 million, or 71 cents per share, from $380.5 million, or $1.01 per share, a year earlier.
January 29, 2008BusinessGovernment
December Durable Goods Orders Jump 5.2%
Durable goods orders jumped 5.2% in December, the Commerce Department said Tuesday.
January 29, 2008BusinessLogistics
Canadian Pacific’s Fourth-Quarter Income Gains
Canadian Pacific Railway Ltd. said Tuesday its fourth-quarter net income rose to C$342.3 million, or C$2.21 per share, compared with C95 cents, in the previous fourth quarter.
January 29, 2008FuelBusinessGovernmentAutonomous
Corporate Express to Use Biodiesel Blend
Corporate Express US said Monday it is now fueling the majority of its 45-truck delivery fleets in Colorado and Kansas with a 20% blend of biodiesel fuel.
January 28, 2008