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Initial Jobless Claims Fall for Week

Initial jobless claims fell by 16,000 last week, the Labor Department said Thursday.

April 25, 2013

Volkswagen Moves to Fully Control MAN as Companies’ Boards Approve Plan

Volkswagen AG moved closer to combining the three truck businesses it controls, with a deal to take full stewardship of MAN SE.

April 25, 2013

Mullen Group’s Profit Declines

Canadian transportation firm Mullen Group said its first-quarter profit decreased 24.5% on reduced revenue from its oilfield services segment.

April 25, 2013

Vitran’s Operating Loss Widens

Vitran Corp. Thursday reported a first-quarter operating loss but posted a profit from gains from the sale of its supply chain business.

April 25, 2013

Pacer Swings to First-Quarter Profit

Pacer International reported a first-quarter profit but its intermodal and logistics revenue declined from a year ago.

April 25, 2013

Covenant Reports First-Quarter Loss

Covenant Transportation Group reported a first-quarter loss, citing difficult weather conditions and fewer business days than the prior period.

April 25, 2013

Old Dominion’s First-Quarter Income Rises

Old Dominion Freight Line said Thursday its first-quarter income and revenue increased from a year ago.

April 25, 2013

Landstar’s Profit Matches Year-Ago Level

Truckload carrier Landstar System said Thursday its first-quarter net earnings matched its profit from the same period last year, which was a first-quarter record for earnings per share.

April 25, 2013

Dana’s Profit Declines on Lower Demand

Dana Holding Corp. said Thursday its first-quarter profit declined from a year ago, on lower demand from the North American commercial vehicle market.

April 25, 2013

Daimler Sets China Truck-Bus Business Unit

Daimler AG said it has established a truck and bus unit in China to help boost its commercial vehicle business in that country.

April 25, 2013