Truck components maker Meritor Inc. said Thursday it lost $22 million, or 23 cents per share, in its fiscal first quarter, compared with a net loss of $2 million, or 3 cents, a year ago.
February 2, 2012Search
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House Panel Drops Big-Truck Plan
Provisions that would have allowed states to permit larger, heavier trucks on interstate highways were voted down last week, just days after the highway reauthorization bill containing the measures was introduced in the House of Representatives.
February 6, 2012N.C. College to Manage Global Logistics Center
The Piedmont Triad Partnership, a private economic development organization representing 12 counties in North Carolina’s Piedmont region, said it has agreed to turn over management of the North Carolina Center for Global Logistics to Guilford Technical Community College in Jamestown, N.C.
February 2, 2012Landstar’s Earnings Improve for 4Q, Year
Truckload carrier Landstar System said Thursday its fourth-quarter earnings rose to $32.6 million, or 70 cents per share, from $24.1 million, or 50 cents, a year earlier.
February 2, 2012C.H. Robinson Reports Higher 4Q Profit
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a fourth-quarter profit of $109.2 million, or 67 cents a share, up 5.9% from $103.2 million, or 62 cents, a year earlier.
February 2, 2012Jobless Claims Fall for Week
Initial jobless claims decreased last week, the Labor Department said Thursday.
February 2, 2012Ryder’s Fourth-Quarter Profits Improve
Ryder System said Thursday its fourth-quarter profit improved and projected its full-year revenue will rise 4% in 2012.
February 2, 2012Provisions for Heavier Trucks Removed from House Transportation Bill
Provisions for heavier, longer trucks contained in a transportation reauthorization bill introduced in the U.S. House of Representatives Tuesday did not survive the bill’s first hearing.
February 2, 2012Iteris Swings to Fiscal 3Q Profit
Iteris Inc., a provider of traffic management technology, said it posted a profit in its third fiscal quarter.
February 2, 2012Covenant Posts Fourth-Quarter Loss
Covenant Transportation Group reported a fourth-quarter loss as freight revenue declined.
February 2, 2012