Truck tonnage declined 0.2% in March from a year ago, marking the first year-to-year downturn since October, American Trucking Associations said Thursday.
April 25, 2008BusinessSafety
Volvo’s Earnings Improve on Eastern European Sales
Volvo AB’s earnings rose 12% to about $707 million, as sales in Eastern Europe Russia offset North American declines, Bloomberg reported Friday.
April 25, 2008BusinessSafety
Intermodal Traffic Declines for Week
Rail intermodal traffic fell 3.2% for the week ended Saturday compared with the same week a year ago, the Association of American Railroads said.
April 24, 2008BusinessSafetyGovernment
Durable Goods Orders Fall in March
Durable goods orders fell 0.3% in March, though bookings excluding transportation orders increased, the Commerce Department said Thursday.
April 24, 2008BusinessSafetyGovernment
Knight Reports Lower 1Q Earnings
Truckload carrier Knight Transportation’s first-quarter profit fell to $11.4 million, or 13 cents a share, from $16.6 million, or 19 cents, a year ago.
April 23, 2008BusinessTechnologyEquipmentSafety
Ryder Reports 1Q Income Gain, Boosts Outlook
Ryder System said Wednesday its first-quarter profit rose 9% to $56.1 million, or 96 cents per share, from $51.3 million, or 84 cents, a year earlier.
April 23, 2008BusinessSafetyFuelGovernment
Letters to the Editor: Fuel Prices, Sleep Apnea
I am interested in the feedback on fuel prices displayed in “Letters to the Editor.” Unfortunately, most of the letters did not focus on two salient facts affecting the price of oil. The first is the dismal exchange rate of the U.S. dollar versus the euro, and the second is world demand for petroleum products.
April 23, 2008BusinessSafetyGovernment
TWIC Enrollment Continues at Ports
The federal government’s Transportation Workers Identification Credential enrollment began Wednesday at three U.S. ports: Chattanooga, Tenn.; LaPorte, Texas; and Portsmouth, N.H.
April 23, 2008BusinessGovernmentSafety
Arkansas Best’s 1Q Income Jumps
Arkansas Best Corp.’s 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, 2008BusinessSafetyGovernmentLogistics
C.H. Robinson’s First-Quarter Income Improves
Transportation and logistics firm C.H. Robinson Worldwide’s first-quarter profit rose to $86.3 million, or 50 cents a share, from $73 million, or 42 cents, a year ago.
April 22, 2008