UPS Inc. said Wednesday its first-quarter net income rose to $906 million, or 87 cents per share, from $843 million, or 78 cents, a year ago.
April 23, 2008Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
TWIC Enrollment Continues at Ports
The federal governmentās Transportation Workers Identification Credential enrollment began Wednesday at three U.S. ports: Chattanooga, Tenn.; LaPorte, Texas; and Portsmouth, N.H.
April 23, 2008FedEx Sets International Express Service with Canada Post
Canada Post Corp. and FedEx Express Canada have developed a new priority worldwide international express service, the two said Wednesday.
April 23, 2008Arkansas Bestās 1Q Income Jumps
Arkansas Best Corp.ās first-quarter profit jumped 78% to $8.5 million, or 34 cents a share, from $4.8 million, or 19 cents, a year earlier.
April 23, 2008N.H. Senate Passes Measure Offering 5% Weight Tolerance
The New Hampshire Senate passed a bill that would require law enforcement to provide a 5% overweight ātoleranceā for most trucks on non-interstate roads.
April 23, 2008Norfolk Southernās 1Q Income Rises
Eastern freight railroad Norfolk Southern Corp. said its first-quarter profit rose 2%, as higher revenue per shipment offset an overall drop in traffic and record fuel prices.
April 22, 2008C.H. Robinsonās First-Quarter Income Improves
Transportation and logistics firm C.H. Robinson Worldwideās first-quarter profit rose to $86.3 million, or 50 cents a share, from $73 million, or 42 cents, a year ago.
April 22, 2008Old Dominionās First-Quarter Profit Dips
Old Dominion Freight Line said its first-quarter profit fell to $10.4 million, or 28 cents a share, from $13.6 million, or 36 cents, a year ago.
April 22, 2008Heartlandās 1Q Income Declines
Heartland Express said Tuesday its first-quarter profit fell 35% to $14.7 million, or 15 cents a share, from $22.6 million, or 23 cents, last year.
April 22, 2008YRC Interest Payments May Rise to $8 Million
YRC Worldwide Inc., the biggest U.S. trucking company by sales, said annual interest spending will rise by as much as $8 million under amendments to two credit agreements, Bloomberg reported Tuesday.
April 22, 2008Trending
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