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ArvinMeritor to Sell Emissions Technology Business for $310 Million
Components maker ArvinMeritor Inc. said Friday it plans to sell its emissions technologies business to a private equity firm for $310 million.
February 2, 2007
Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Economy Adds 111,000 Jobs; Unemployment Ticks Up to 4.6%
U.S. payrolls rose by 111,000 in January and the unemployment rate rose to 4.6% from 4.5%, the first increase in three months, the Labor Department said Friday.
February 2, 2007Ryder System’s Fourth-Quarter, Full-Year Income Rise
Ryder System’s fourth-quarter profit rose 12% to $65.8 million or $1.08 cents a share, from $58.8 million or 92 cents a year earlier.
February 2, 2007YRC’s 4Q Income Dips; ’06 Revenue, Operating Income Hit Records
Less-than-truckload carrier YRC Worldwide said late Thursday it earned $46.5 million or 80 cents a share in the fourth quarter, compared with $76.8 million or $1.30 a year earlier.
February 2, 2007Factory Orders Jump 2.4% in December
Factory orders jumped 2.4% in December on higher demand for business equipment, motor vehicles and aircraft, the Commerce Department said Friday.
February 2, 2007Michigan Consumer Sentiment Index Hits Two-Year High
U.S. consumer confidence rose to a two-year high in January, according to the University of Michigan’s monthly consumer sentiment index released said Friday.
February 2, 2007Oshkosh’s Fiscal First-Quarter Earnings Slip; Sales Rise
Specialty truck maker Oshkosh Truck Corp.’s fiscal first-quarter profit fell to $41.2 million or 55 cents a share, from $53.1 million or 72 cents a year earlier, the company said Friday.
February 2, 2007Patriot Transportation’s Fiscal 1Q Income Improves
Patriot Transportation Holding reported net income of $2.2 million or 69 cents a share for its fiscal first quarter, up from $1.9 million or 62 cents a year earlier.
February 2, 2007Air Cargo Shipments Decline in December, Rise for Year
Air cargo shipments fell in December, led by a decline in domestic shipments, but they climbed for the year, the Air Transport Association said Friday.
February 2, 2007Florida Storms Cause Accidents, Wreak Havoc in State
Big thunderstorms and tornadoes blew through central Florida Friday, killing as many as 19 people and causing accidents on interstates, including one that tossed a tractor-trailer airborne, news reports said.
February 2, 2007