Truck maker Volvo AB posted its biggest profit decline in 18 months after stricter emissions rules caused U.S. truck sales to plunge 54%, Bloomberg reported Wednesday.
July 25, 2007Search
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New °®¶¹´«Ã½ Sales Plunge 6.6%
New home sales plunged 6.6% in June, the Commerce Department said Thursday.
July 26, 2007
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Durable Goods Orders Rise 0.5%
Durable goods orders fell 0.5% in June, the Commerce Department said Thursday.
July 26, 2007Existing °®¶¹´«Ã½ Sales fall 3.8%
Existing homes sales fell in June for a fourth straight month, declining 3.8%, the National Association of Realtors said Wednesday.
July 25, 2007CN’s Second-Quarter Income Declines
Canadian National Railway Co. said its second-quarter profit declined 29% as a result of flat revenue and an income tax recovery charge.
July 24, 2007Norfolk Southern’s 2Q Income Improves
Eastern freight railroad Norfolk Southern Corp. said Wednesday its second-quarter earnings grew 5% to $394 million or 98 cents a share, from $375 million or 89 cents a year ago.
July 25, 2007Ryder’s 2Q Profit Dips 7%
Ryder System said Wednesday its second-quarter profit dipped 7% to $65.3 million or $1.07 a share, from $70.3 million or $1.13 a year ago.
July 25, 2007Arkansas Best’s 2Q Profit Falls
Arkansas Best Corp. said Wednesday its second-quarter net income fell to $19.6 million or 78 cents a share, from $29 million or $1.13 a year ago.
July 25, 2007Covenant Reports 2Q Loss
Covenant Transportation Group said Wednesday it lost $11.3 million or 80 cents a share, compared with a loss of $398,000 or 3 cents a year earlier.
July 25, 2007C.H. Robinson’s 2Q Income Jumps 24%
Transportation and logistics firm C.H. Robinson Worldwide’s second-quarter profit jumped 24% to $82.3 million or 47 cents a share, from $66.6 million or 38 cents a year ago.
July 25, 2007