Volvo AB reported a fourth-quarter profit, boosted its 2011 truck-delivery forecast by 10% and said is considering assembling heavy trucks in China.
February 4, 2011Search
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Concern Over Tire Prices, Supply
There were more signs of the trucking industry’s resurgence last week, as a number of publicly-held fleets reported improved earnings, while analysts said trailer and used trucks sales surged during 2010.
February 7, 2011Ryder’s Fourth-Quarter Profit Jumps
Ryder System said Thursday its fourth-quarter profit improved and that its operating revenue will rise 11% this year.
February 3, 2011Factory Orders Gain in December
Factory orders rose 0.2% in December, the Commerce Department said Thursday.
February 3, 2011ISM Services Index Expands in January
The U.S. economy’s service sector expanded in January, the Institute for Supply Management said Thursday.
February 3, 2011Arkansas Best’s 4Q Loss Narrows
Arkansas Best Corp. said Thursday its fourth-quarter loss was $3.1 million, or 12 cents a share, compared with a loss of $88.7 million, or $3.54 per share, a year earlier.
February 3, 2011Initial Jobless Claims Drop for Week
Initial jobless claims fell by 42,000 last week, the Labor Department said Thursday.
February 3, 2011Productivity Increases at Faster Pace
U.S. workers’ productivity rose at a 2.6% annual rate in the fourth quarter of 2010, the Labor Department said Wednesday.
February 3, 2011Con-way Reports Fourth-Quarter Profit
Con-way Inc. reported a fourth-quarter profit compared with a loss a year ago, though excluding costs from the previous year, operating earnings at its less-than-truckload unit slipped due to higher health-care costs.
February 3, 2011UPS Boosting Dividend
Two days after posting a big fourth-quarter profit, UPS Inc. said it is boosting its dividend by 5 cents per share.
February 3, 2011