Saia Inc. said Wednesday its fourth-quarter profit more than doubled on improved operational efficiencies.
January 30, 2013Search
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Scania’s 2012 Profit Drops on Lower Production
Swedish truck maker Scania AB reported its 2012 profit dropped 29% on lower production due to an economic decline in Europe, Bloomberg News reported Wednesday.
January 30, 2013Meritor Reports Fiscal 1Q Loss
Meritor Inc. reported a loss for its fiscal first quarter, citing weaker conditions outside of North America.
January 30, 2013Arkansas Best Reports Fourth-Quarter Loss
Arkansas Best Corp. reported a $7.9 million fourth-quarter loss as flat revenue, tonnage and pricing were offset by higher costs.
January 30, 2013Knight’s 4Q, Full-Year Income Improve
Knight Transportation’s fourth-quarter profit rose slightly from a year ago, while revenue improved by more than 8%, the truckload carrier said.
January 31, 2013Consumer Confidence Drops in January
Consumer confidence dropped in January, the New York-based Conference Board said Tuesday.
January 29, 2013LaHood to Leave DOT
Transportation Secretary Ray LaHood said he will leave the Obama administration after leading the Department of Transportation for just over four years.
January 29, 2012Valero Energy Corp.’s 4Q Income Increases
U.S. independent oil refiner Valero Energy Corp. said its fourth-quarter net income rose to $1 billion, or $1.82 per share, from $45 million, or 8 cents per share, a year ago.
January 29, 2013Canadian Pacific’s 4Q Net Income Drops
Canadian freight railroad Canadian Pacific’s fourth-quarter net income fell to C$15 million, or 8 Canadian cents per share, from C$221 million, or C$1.31, a year earlier, on restructuring charges.
January 29, 2013Hub Group’s 4Q Profit Rises
Hub Group Inc.’s fourth-quarter profit rose 11% as its intermodal and truck brokerage operations improved.
January 30, 2013