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Arkansas Best Reports 2Q Loss

Arkansas Best Corp. reported a second-quarter loss of $15.4 million, or 62 cents a share, compared with a profit of $16.2 million, or 63 cents, a year ago.

July 22, 2009

Knight’s 2Q Income Flat from a Year Ago

Truckload carrier Knight Transportation’s second-quarter profit was about even with a year ago at $12.6 million, or 15 cents a share, compared with last year’s $12.7 million, or 15 cents.

July 22, 2009

Hub Group’s Second-Quarter Profit Drops

Hub Group Inc. said late Wednesday its second-quarter net income fell to $8.3 million, or 22 cents a share, from $15 million, or 40 cents, a year ago.

July 22, 2009

E&MU: Financial Aid Offsets Hybrid Costs

Transport carriers are under pressure to reduce greenhouse gas emissions, but the long-term fuel savings a hybrid truck could deliver are out of sync with fiscal reality for companies forced by the recessionary economy to pinch every penny.

July 22, 2009

DHL Signs Telecom Agreement with AT&T

Deutsche Post DHL has signed a five-year telecommunications agreement with AT&T, in which AT&T will provide telecommunications to Deutsche Post DHL units throughout the United States.

July 22, 2009

C.H. Robinson Acquires European Freight Forwarder

Third-party logistics firm C.H. Robinson Worldwide said that it had acquired London-based Walker Logistics Overseas, an international freight forwarder.

July 22, 2009

Volvo Reports Loss; Sees ‘Difficult’ 3Q

Volvo AB said Tuesday it lost $725 million, or 36 cents a share, more than analysts’ estimates, and said it was facing a “difficult†third quarter in light of lower truck sales, Bloomberg reported.

July 21, 2009

Canadian National's 2Q Income Falls 16%

Canadian National Railway said late Monday its second-quarter net income fell 16% to C$387 million, or 82 cents a share, from C$459 million, or 95 cents, a year ago.

July 21, 2009

Caterpillar’s Profit Drops; Boosts ’09 Forecast

Heavy equipment and diesel engine maker Caterpillar Inc. said Tuesday its second-quarter profit fell by two-thirds, but boosted its full-year earnings forecast.

July 21, 2009

C.H. Robinson’s 2Q Profit Improves

Transportation and third-party logistics firm C.H. Robinson Worldwide reported a second-quarter profit of $92 million, or 54 cents a share, up slightly from $90 million, or 52 cents a share, a year ago.

July 21, 2009