Con-way Inc. said its third-quarter profit fell by nearly two-thirds from a year ago, as freight demand declined.
November 4, 2009Search
Showing 10 of 52467 results
= Premium Content
Opinion: CSA 2010: A Good First Step, But . . .
For more than a decade, the trucking industry has called for an overhaul of the Department of Transportation’s safety fitness measurement and rating systems. Fortunately, DOT heard these calls and soon will implement its new system — Comprehensive Safety Analysis 2010. CSA 2010’s measurement component will be rolled out in July 2010; the rating component will be implemented after a future rulemaking process is completed.
November 5, 2009Fed Again Holds Interest Rate at Record Low
Federal Reserve governors voted for an eighth consecutive time Wednesday to keep a key U.S. interest rate at a record low “target range” of zero to 0.25%.
November 4, 2009Oil Bounces Back Over $80 Following Inventory Report
Oil closed at over $80 a barrel for the first time in more than a week, following a Department of Energy report showing that fuel inventories fell last week, Bloomberg reported.
November 4, 2009Expeditors’ Third-Quarter Income Falls 33%
Logistics firm Expeditors International of Washington said Tuesday its third-quarter net income fell 33% to $57.8 million, or 27 cents a share, from $85.6 million, or 39 cents, a year ago.
November 3, 2009Wabash to Close Illinois Plant
Trailer maker Wabash National Corp. said Tuesday that it will sell its Anna, Ill., plant and consolidate operations into its Cadiz, Ky., plant.
November 3, 2009William Logue to Succeed Doug Duncan at FedEx Freight
FedEx Corp. said Tuesday that William Logue will succeed Doug Duncan as president of FedEx Freight, the company’s less-than-truckload division.
November 3, 2009Navistar Acquires Engine Parts Business
Navistar Inc. said that it has acquired certain assets of Continental Diesel Systems US.
November 3, 2009Oshkosh Reports 4Q Profit, Full-Year Loss
Specialty truck maker Oshkosh Corp. said Tuesday its fiscal fourth-quarter profit improved but it lost money for its full year.
November 3, 2009Berkshire Hathaway to Buy BNSF for $100/Share
Berkshire Hathaway Inc., controlled by billionaire Warren Buffett, said Tuesday it will buy freight railroad Burlington Northern Santa Fe Corp. for $100 a share, in a transaction worth about $44 billion.
November 3, 2009