Intermodal traffic increased 6.2% last week compared with a year ago, the Association of American Railroads reported.
January 28, 2011Search
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Covenant Reports Fourth-Quarter Profit
Covenant Transportation Group reported a fourth-quarter profit of $700,000, or 5 cents per share, compared with a loss of $2.7 million, or 19 cents, a year earlier.
January 27, 2011Norfolk Southern’s 4Q Profit Improves
Norfolk Southern Corp.’s fourth-quarter and annual net income rose from the same periods a year earlier and it said it was boosting its quarterly dividend.
January 26, 2011Knight Transportation’s 4Q Income Rises
Truckload carrier Knight Transportation said Wednesday its profit rose for both the fourth quarter of 2010 and the year.
January 26, 2011Obama Urges Boosting U.S. Infrastructure, Exports
President Obama in his State of the Union speech Tuesday called for more investments in infrastructure even as he urged a partial freeze in federal spending to rein in the U.S. deficit.
January 26, 2011New °®¶¹´«Ã½ Sales Gain 18% in December
New home sales increased 18% in December, the Commerce Department said Wednesday.
January 26, 2011Cummins Selling Exhaust Business
Diesel engine maker Cummins Inc. said it is selling its exhaust business to Global Tube, a unit of a private equity firm. Terms were not disclosed.
January 26, 2011Canadian Pacific’s Profit Improves
Canadian freight railroad Canadian Pacific’s fourth-quarter net income increased 27.1% to C$185.8 million, or C$1.09 per share, from C$146.2 million, or 87 cents, a year earlier.
January 26, 2011Marten’s 4Q, Yearly Profits Grow
Marten Transport said its fourth-quarter profit increased 22.2% as both its logistics and regional revenue improved.
January 26, 2011Celadon’s Fiscal 2Q Profit Jumps
Truckload carrier Celadon Group said its fiscal second-quarter profit almost tripled from a year ago as its rate-per-mile improved.
January 26, 2011