Volvo AB’s fourth-quarter earnings fell, and the company predicted a “difficult” first quarter but said U.S. and European commercial-vehicle markets will likely recover later this year, Bloomberg News reported Wednesday.
February 6, 2013Search
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Patriot Transportation’s 1Q Profit Rises
Patriot Transportation Holding said its fiscal first-quarter profit rose from a year ago.
February 6, 2013Roadrunner Reports Higher Fourth-Quarter Profit
Roadrunner Transportation Systems’ fourth-quarter profit climbed to $9.5 million, or 29 cents a share, from $6.9 million, or 22 cents, a year ago.
February 7, 2013Con-way’s 4Q Profit Slips; Full-Year Income Improves
Con-way Inc. said its fourth-quarter net income slipped from a year ago while revenue improved, but its full-year profit rose from the previous year.
February 7, 2013Goal Set for Biodiesel to be 10% of On-Road Diesel Market by 2022
The National Biodiesel Board announced a goal for biodiesel to make up 10% of the on-road diesel market by 2022.
February 6, 2013UPS Expands Health-Care Logistics Network
UPS Inc. said Tuesday it has expanded its health-care distribution network, adding to or enlarging five distribution centers for the growing market sector.
February 5, 2013Eaton’s Fourth-Quarter Earnings Drop
Eaton Corp. said Tuesday its fourth-quarter earnings fell 50% on charges related to its $13 billion acquisition of Ireland-based Cooper Industries.
February 5, 2013Congestion Costs Trucking $27 Billion Annually, Report Says
Traffic congestion in the largest U.S. cities cost the commercial trucking industry about $27 billion in wasted time and fuel in 2011, according to a report released Tuesday.
February 5, 2013Wabash National’s 4Q Income Improves
Trailer manufacturer Wabash National Corp’s fourth-quarter income improved from a year ago, and its operating profit tripled.
February 6, 2013Eberhart Capital Buys Nebraska Trucking Firm Poling Transportation
Private equity firm Eberhart Capital said it acquired Omaha, Neb.-based trucking firm Poling Transportation. Terms were not disclosed.
February 6, 2013