REDFORD, Mich. ā The Daimler Truck Group on Friday unveiled the first fruit of its five-year, $1.5 billion program to develop a single heavy-duty diesel engine to serve its markets around the world.
October 19, 2007Search
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Covenant Takes Third-Quarter Loss
Covenant Transportation Group reported it lost $3.6 million or 25 cents a share, compared with a net income of $795,000 or 6 cents a year earlier.
October 19, 2007Philadelphia Factory Index Dips
Manufacturing levels declined in the Philadelphia area this month, the Federal Reserve Bank of Philadelphia said Thursday.
October 18, 2007Fed āBeige Bookā Notes Mixed Trucking Activity
A report from the Federal Reserveās regional banks suggested that economic activity continued to expand, although truckingās outlook varied by region.
October 18, 2007Jobless Claims Rise 28,000 for Week
Initial jobless claims rose by 28,000 last week to 337,000, the Labor Department said Thursday.
October 18, 2007Leading Economic Indicators Rise 0.3%
An index of leading economic indicators rose 0.3% in September, the New York-based Conference Board said Thursday.
October 18, 2007Union Pacific Reports Record 3Q Revenue
Union Pacific Corp. said Thursday its third-quarter earnings jumped 27% to $532 million or $2 a share, from $420 million or $1.54 a year ago.
October 18, 2007USA Truckās 3Q Profit Plunges
Truckload carrier USA Truck said Thursday its third-quarter profit dropped to a near loss, due to a āchallengingā freight environment.
October 18, 2007Landstarās 3Q Earnings Dip
Truckload carrier Landstar System said Thursday its third-quarter net income slipped from a year ago, though its per-share income rose.
October 18, 2007Oil Inventories Rise; Crude Tops $87 a Barrel
Inventories of crude oil, gasoline and distillate fuel all rose last week, the Energy Department reported Wednesday, following Tuesdayās closing-price crude oil record of more than $87 a barrel.
October 17, 2007