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Factory Orders Drop in June
Factory orders dropped 0.5% in June, the Commerce Department said Thursday.
August 2, 2012Court Again Dismisses ABF’s Suit Against YRC, Teamsters
An Arkansas district court judge has dismissed, for the second time, a suit filed by Arkansas Best Corp. against fellow less-than-truckload carrier YRC Worldwide and the Teamsters union.
August 2, 2012Old Dominion’s 2Q Profit Rises
Old Dominion Freight Line said Thursday its second-quarter net income rose to $47.8 million, or 83 cents per share, from $39.4 million, or 69 cents, a year ago.
August 2, 2012P.A.M. Turns Second-Quarter Profit
Truckload carrier P.A.M. Transportation Services said its second-quarter net income rose to $935,000, or 11 cents per share, from $693,000 or 8 cents, a year ago.
August 2, 2012Initial Jobless Claims Rise for Week
Initial jobless claims rose by 8,000 last week, the Labor Department said Thursday.
August 2, 2012Patriot Transportation’s Fiscal 3Q Income Rises
Patriot Transportation Holding’s fiscal third-quarter net income rose to $2.68 million, or 28 cents per share, from $2.38 million, or 25 cents, a year ago.
August 2, 2012Navistar to Add Cummins Engines, Aftertreatment
Navistar International Corp. said Thursday it will begin offering 15-liter Cummins engines in some of its International brand trucks and will incorporate Cummins’ urea-based aftertreatment into its MaxxForce engines.
August 2, 2012California Increases Clean Air Inspections in August
The California Air Resource Board will be conducting increased heavy duty diesel truck inspections throughout August at scales, truck stops and fleet facilities.
August 2, 2012Caterpillar Completes $750 Million Sale of Logistics Unit
Caterpillar Inc. said Wednesday it has completed the $750 million sale of the majority stake in its third-party logistics business to Platinum Equity.
August 1, 2012IANA Files Brief Supporting ATA’s Hours-of-Service Suit
The Intermodal Association of North America has filed a legal brief supporting American Trucking Associations’ suit challenging the Federal Motor Carrier Safety Administration’s hours-of-service rule.
August 1, 2012