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ABF, Teamsters Reach Labor Pact

Less-than-truckload carrier ABF Freight System said Wednesday it has reached a tentative collective bargaining agreement with the Teamsters union on a new five-year labor pact.

January 30, 2008

December Durable Goods Orders Jump 5.2%

Durable goods orders jumped 5.2% in December, the Commerce Department said Tuesday.

January 29, 2008

Consumer Confidence Falls in January

Consumer confidence declined in January, the New York-based Conference Board said Tuesday.

January 29, 2008

ArvinMeritor Reports 1Q Loss

Trucking components maker ArvinMeritor Inc. Tuesday reported a $12 million, or 17 cents a share for its fiscal first quarter, compared with a profit of $7 million, or 10 cents a share, in the previous first quarter.

January 29, 2008

Paccar’s 4Q Income Falls

Heavy-duty truck maker Paccar Inc. said Tuesday its fourth-quarter profit fell to $261.1 million, or 71 cents per share, from $380.5 million, or $1.01 per share, a year earlier.

January 29, 2008

Canadian Pacific’s Fourth-Quarter Income Gains

Canadian Pacific Railway Ltd. said Tuesday its fourth-quarter net income rose to C$342.3 million, or C$2.21 per share, compared with C95 cents, in the previous fourth quarter.

January 29, 2008

BNSF Reports 4Q Profit; Revenue Reaches Record

Burlington Northern Santa Fe Corp. said Tuesday its fourth-quarter profit dipped slightly but rose on a per-share basis, while its revenue reached a record.

January 29, 2008

C.H. Robinson’s 4Q Profit Improves

Transportation and logistics firm C.H. Robinson Worldwide’s fourth-quarter profit rose to $85.3 million, or 49 cents a share, from $71.8 million, or 41 cents, a year ago.

January 29, 2008

Marten’s Fourth-Quarter Income Declines

Refrigerated truckload carrier Marten Transport’s fourth-quarter net income fell to $3 million, or 14 cents a share, from $5.2 million, or 24 cents a year ago.

January 29, 2008

J.B. Hunt’s Fourth-Quarter Income Dips

Truckload carrier J.B. Hunt Transport Services said late Tuesday its fourth-quarter profit declined to $54.3 million, or 42 cents a share, from $57.8 million, or 39 cents, a year ago.

January 29, 2008