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C.H. Robinson’s Fourth-Quarter, Full-Year Income Show Gains
Transportation and logistics firm C.H. Robinson Worldwide's 2006 net income rose to $266.9 million or $1.53 a share, up from $203.4 million or $1.16 in 2005.
January 30, 2007Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Bush Warns Against Trade Barriers in Speech at Caterpillar
President Bush on Tuesday warned against erecting global trade barriers during a visit to heavy-duty engine manufacturer Caterpillar’s East Peoria, Ill., headquarters, Bloomberg reported.
January 30, 2007Crude Oil Price Posts Biggest Gain Since September 2005
Crude oil futures posted their biggest one-day gain Tuesday since September 2005, rising on forecasts of continuing cold weather and expectations of a stronger U.S. economy, Bloomberg reported.
January 30, 2007Freightliner to Cut About 2,000 Jobs in Oregon, North Carolina
Truck manufacturer Freightliner LLC plans to lay off about 800 of its 1,700 workers in Portland, Ore., and stop making Freightliner trucks in that city, the Associated Press reported.
January 29, 2007Cummins Reports Record Sales for 4Q, 2006
Diesel engine maker Cummins Inc. Monday reported record sales and earnings for the fourth quarter and full-year 2006, with sales topping $3 billion in the quarter for the first time.
January 29, 2007Quality Distribution Lowers Fourth-Quarter Forecast
Tank truck carrier Quality Distribution lowered its earnings guidance for the fourth quarter and full-year 2006, due to lower seasonal demand.
January 29, 2007TMW President Says Slowdown Not Expected for ’07 Sales
The president of trucking software provider TMW Systems said he does not expect a slowdown in sales this year, even as some trucking companies face a downturn in demand for freight-hauling services.
Sysco’s Fiscal Second-Quarter Net Income Rises
Food-services provider Sysco Corp. said Monday its fiscal second-quarter net income rose 16% to $236.7 million or 38 cents a share, from $204.2 million or 33 cents a year earlier.
January 29, 2007E&MU: Coping With ’07 Emission Systems
The maintenance managers of two vehicle leasing companies expect few problems in their shops as the truck-operating industry shifts to the next generation of lower-emission diesel engines.
Technology Briefs — Jan. 23 - Jan. 29
Prophesy Says Software Sales Increased 40% • Altfuels Face Difficult Economics, Journal Says • Horizon to Use RFID for Alaska Shipments
January 29, 2007