UPS Sets 20% Carbon Emission Reduction Goal
UPS Inc. has set a goal of reducing carbon emissions 20% by 2020 after meeting its previous emissions reduction goal early, the package carrier said.
July 30, 2014MAN’s Truck-Unit Profit Increases
MAN SE’s truck and bus unit’s operating profit for the first half of the year rose from a year ago, though sales declined in Latin America, the company announced July 30.
July 30, 2014Senate Passes Amended Highway Bill, Sends Back to House
The Senate on July 29 easily voted to send the House a nearly $8 billion bill that would fund federal highway programs through December, a move meant to force lawmakers to agree on a long-term funding plan for transportation construction projects nationwide.
July 29, 2014UPS’ 2Q Profit Improves, Excluding Pension Charge
UPS Inc.’s second-quarter profit improved 4.5% to $1.12 billion, excluding a one-time pension charge, driven by revenue growth in all of its shipping segments.
July 29, 2014XPO Logistics Trims 2Q Loss, Plans Acquisition
XPO Logistics said it narrowed its second-quarter loss and announced an agreement to acquire New Breed Holding Co. for about $615 million.
July 29, 2014FMCSA Chief Anne Ferro Defends Agency’s HOS Rule
Outgoing Federal Motor Carrier Safety Administration head Anne Ferro defended her agency’s regulations limiting the amount of time drivers are allowed to work, during what probably was her last appearance before Congress as the agency’s chief.
July 29, 2014C.H. Robinson’s Income Rises 6%
C.H. Robinson Worldwide Inc. said net income in the second quarter increased 6% to $118.6 million, or 80 cents per share, from $112 million, or 70 cents per share.
July 29, 2014BNSF Presents One-Person-Crew Plan to Union
A controversial BNSF Railway Co. labor contract proposal that would eventually cut some crews to one person from two is being outlined to union members this month ahead of a ratification vote.
July 29, 2014Wabash’s Second-Quarter Income Rises
Trailer maker Wabash National Corp. reported its second-quarter net income increased as trailer demand exceeded expectations.
July 29, 2014Paccar’s 2Q Income Rises 9%
Paccar Inc., which makes Kenworth and Peterbilt trucks, reported second-quarter earnings rose 9% on higher truck sales.
July 29, 2014