American Trucking Associations’ June for-hire truck tonnage index fell to a seven-month low and was down 3.4% from a year ago, ATA said late Friday.
July 27, 2007Search
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SoCal Ports Reach Labor Pact
Union workers at the Southern California ports of Los Angeles and Long Beach reached a tentative agreement with shipping lines and terminal operators, averting the threat of a strike at the biggest U.S. port complex, the Los Angeles Times reported Friday.
July 27, 2007
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Universal Truckload’s Income Dips; Revenue Rises
Universal Truckload Services said late Thursday its second-quarter net income fell 12.6% to $4.7 million or 29 cents a share, from $5.4 million or 33 cents a year ago.
July 27, 2007Cummins Income Dips; Company Boosts Outlook
Diesel engine maker Cummins Inc. said Thursday its second-quarter profit dipped 3%, though sales reached a record and the company sharply boosted its earnings guidance.
July 26, 2007Goodyear’s Second-Quarter Income Rises
Goodyear Tire & Rubber Co.’s second-quarter profit rose to $56 million or 26 cents a share, from $2 million or 1 cent last year.
July 26, 2007Qualcomm’s Earnings Improve
Wireless-services provider Qualcomm Inc. said its fiscal third-quarter profit jumped 24% from a year ago, to $798 million or 47 cents a share, from $643 million or 37 cents last year.
July 26, 2007ODFL’s 2Q Profit Climbs
Less-than-truckload carrier Old Dominion Freight Line said Thursday its second-quarter profit rose 4% to $22.5 million or 60 cents a share, from $21.6 million or 58 cents last year.
July 26, 2007ArvinMeritor to Close Ontario Plant
Heavy-duty components maker ArvinMeritor said Wednesday it would close a truck parts assembly plant in Ontario, Canada, in November.
July 26, 2007U.S. Xpress’ Second-Quarter Income Falls
Truckload carrier U.S. Xpress Enterprises said its second-quarter profit fell to $2.7 million or 18 cents a share, from $5.7 million or 37 cents a year ago.
July 26, 2007YRC’s 2Q Income Declines
Less-than-truckload carrier YRC Worldwide said late Thursday its second-quarter net income was $55.4 million or 95 cents a share, down from $92.3 million or $1.58 a year earlier.
July 27, 2007