Truckload carrier Landstar System said Tuesday its fourth-quarter earnings rose to $24.1 million, or 50 cents per share, from $18.6 million, or 37 cents, a year earlier.Â
February 1, 2011Search
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Construction Spending Falls to Decade Low
Construction spending dropped 2.5% in December to the lowest level in a decade, the Commerce Department reported Tuesday.
February 1, 2011Cummins’ Profit Rises for 4Q, Year
Diesel engine maker Cummins Inc. said Tuesday its fourth-quarter profit rose from a year ago as sales jumped 22% and that 2010 was the strongest year in its history.
February 1, 2011Winter Storm Pounds Midwest, Heads Toward Northeast
A huge winter storm that is pounding the middle of the country with snow and ice Tuesday has left roads dangerous in many states and its moving toward the Northeast, news services reported.
February 1, 2011U.S. Xpress Celebrates 25 Years of Service
CHATTANOOGA, Tenn. — On Jan. 21, a quarter-century to the day after U.S. Xpress Enterprises hauled its first load of freight, business “stinks,” said Max Fuller, the company’s co-founder and chief executive officer.
February 1, 2011Paccar Reports Higher 4Q Profit
Paccar Inc. said Tuesday its fourth-quarter profit rose and the truck manufacturer said it sees a stronger truck market for 2011.
February 1, 2011UPS’ Fourth-Quarter Income Jumps
UPS Inc. said Tuesday its fourth-quarter and full-year net income rose as it delivered almost 4 billion packages in 2010, and that it expects its 2011 profits to hit an all-time high.
February 1, 2011C.H. Robinson Reports Improved 4Q Profit
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a fourth-quarter profit of $103.2 million, or 62 cents a share, up 17.6% from $87.7 million, or 52 cents, a year earlier.
February 2, 2011Chicago Manufacturing Index Improves
Manufacturing activity in the Chicago region improved in January, the Institute for Supply Chain Management-Chicago said Monday.
January 31, 2011U.S. Proposes EOBRs for All Interstate Trucks
The Federal Motor Carrier Safety Administration proposed a regulation Monday that would require interstate truck and bus companies to install electronic onboard recorders in vehicles to monitor drivers’ hours of service.
January 31, 2011