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UPS Reports Lower 1Q Profit

UPS Inc. said Wednesday that its first-quarter net income fell to $843 million or 78 cents a share, from $975 million or 89 cents a year ago.

April 25, 2007

Letters to the Editor: Speed Limits; Maintenance Issues

These letters appear in the April 23 print edition of Transport Topics. Click here to subscribe today.

April 25, 2007

Fed Sees Some Upturns in Trucking Business

Federal Reserve districts reported some regional upturns in the trucking business, the Fed said in its latest “beige book†survey of economic conditions.

April 25, 2007

°®¶¹´«Ã½ Sales, Consumer Confidence Decline

Existing home sales fell to a four-year low and consumer confidence declined to an eight-month low, two groups reported Tuesday.

April 24, 2007

Forward Air’s Profit Dips

Forward Air Corp., a contractor to the air cargo industry, said its first-quarter profit slipped by 6% to $10.3 million or 34 cents a share, from $11 million or 35 cents a year ago.

April 24, 2007

Truckers Concerned on New Engines’ Mileage, Journal Reports

Trucking companies are concerned that new emissions rules in effect this year are hurting mileage and their bottom lines, the Wall Street Journal reported Tuesday.

April 24, 2007

Paccar’s Profit Is 1Q Record

Heavy-duty truck maker Paccar said Tuesday its net income rose to a first-quarter record $365.5 million or $1.46 a share, from $342 million or $1.35 a year ago.

April 24, 2007

Covenant Takes 1Q Loss

Covenant Transport reported a $2.1 million or 15 cents per-share first-quarter loss, compared with a loss of $884,000 or 6 cents a year earlier.

April 24, 2007

CN, BNSF Report Lower Profit

Railroads Canadian National and Burlington Northern Santa Fe Corp. reported their first-quarter profits declined, even as revenue rose.

April 24, 2007

TransForce’s Income Dips

Canadian transportation firm TransForce Income Fund said Tuesday it earned C$20.9 million or 24 cents a share in the first quarter, down from C$22.1 million or 27 cents a year earlier.

April 24, 2007