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Profits Dip at Component Makers Accuride, CVG

Two truck component makers reported lower second quarter profits late last month.

August 2, 2011

Patriot Transportation’s 3Q Profit Declines

Tank and bulk carrier Patriot Transportation Holding’s fiscal third-quarter net income declined to $2.4 million, or 25 cents a share, from $2.6 million, or 28 cents, a year ago.

August 3, 2011

Roadrunner Posts Second-Quarter Profit

Roadrunner Transportation Systems reported a second-quarter profit, compared with a loss a year ago, on higher freight revenue.

August 4, 2011

Meritor Swings to Fiscal 3Q Profit

Components maker Meritor Inc. Tuesday reported a third-quarter profit compared with a loss a year ago, as its commercial truck unit sales rose.

August 2, 2011

Mike Smid Departs YRC Worldwide

Mike Smid, president of YRC Inc. and YRC Worldwide’s chief operations officer, has retired, the company said.

August 2, 2011

Old Dominion Launches Vault Logistics Division

Old Dominion Freight Line has introduced Vault Logistics, a new third party-logistics provider.

August 2, 2011

Roadrunner Buys Calif. Intermodal Firm

Roadrunner Transportation Systems said it has acquired The James Brooks Co., a provider of intermodal transportation and related services to the California ports of Oakland and Los Angeles/Long Beach.

August 2, 2011

TransForce’s 2Q Earnings Jump on Acquisitions

TransForce Inc.’s second-quarter net income rose to C$26.2 million, or 27 cents a share, from C$17 million, or 18 cents, a year earlier.

August 2, 2011

Personal Spending Declines for First Time in Nearly Two Years

Consumer personal spending decreased for the first time in nearly two years in June, the Commerce Department said Tuesday.

August 2, 2011

Quality’s Second-Quarter Income Jumps

Tank truck carrier Quality Distribution said its second-quarter profit jumped on higher revenue and lower expenses.

August 2, 2011