Truck stop chain TravelCenters of America reported a net loss for the two-month period from Feb. 1 through March 31, and for the first quarter.
May 16, 2007BusinessLogistics
US 1 Industries’ Income Dips
Logistics firm US 1 Industries’ first-quarter income fell to $370,000 or 3 cents a share, from $695,000 or 6 cents a year ago.
May 16, 2007BusinessFuelGovernmentSafety
Kitty Hawk Posts 1Q Loss
Air cargo transporter Kitty Hawk Inc. said it lost $11.6 million or 22 cents a share in the first quarter, compared with a loss of $8.7 million or 17 cents a year ago.
May 16, 2007Business
Trailer Bridge Reports 1Q Profit
Trailer Bridge Inc. earned $1.3 million or 11 cents a share in the first quarter, compared with a loss of $1.8 million or 15 cents a year ago.
May 16, 2007BusinessSafety
Con-way Sets Driver Pay Package
Con-way Truckload said Tuesday it has instituted new driver pay structures and programs aimed at attracting qualified team drivers.
May 15, 2007Business
Wal-Mart’s Earnings Rise 8%
Wal-Mart Stores’ first-quarter profit rose 8% but the company warned that its second-quarter profit may be short of expectations, the Associated Press reported Tuesday.
May 15, 2007BusinessAutonomous
Freightliner to Cut N.C. Jobs
Freightliner will cut as many as 1,500 jobs at a North Carolina truck assembly plant, the Charlotte Observer reported Tuesday.
May 15, 2007BusinessLogisticsFuelGovernment
Diesel Drops Another 1.9¢; Gas Soars to Record $3.103
Diesel’s national average pump price dipped 1.9 cents to $2.773 a gallon, while gasoline jumped 4.9 cents to an all-time record $3.103, the Department of Energy said Monday.
May 15, 2007