Jones to Retire From Cummins; Boerger Named Successor
Cummins Inc. Vice President Jeff Jones will complete a 37-year career with the independent engine maker, retiring at midyear, the company said May 8.
May 8, 2014Expeditors First-Quarter Profits Rise 4%
Expeditors International of Washington’s first-quarter profit rose 4% from a year ago, and the company said it is “very encouraged by how the first quarter finished up.”
May 8, 2014Navistar Completes Record Truck Sale to Celadon
Navistar Inc. said it has completed the sale of about 500 International LoneStar trucks to Celadon Trucking Services, its largest one-time sale of the truck.
May 8, 2014XRS Reports Loss in Fiscal Second Quarter
XRS Corp. reported a net loss in its fiscal second quarter, and revenue declined.
May 8, 2014Government Tells Railroads to Avoid Older Tank Cars
The federal government has told railroads to avoid using older model tank cars when transporting Bakken crude oil.
May 8, 2014Jobless Claims Decline by 26,000
Jobless claims fell 26,000 to 319,000 in the week ended May 3 from a revised 345,000 in the prior period, the Labor Department reported.
May 8, 2014Patriot to Split Off Real Estate Business
Patriot Transportation Holding said it intends to split its real estate business from its transportation business.
May 8, 2014Cass Freight Shipment Index Rises 5.5% Over April 2013
The Cass Freight Index of shipments moved primarily by truck hit the highest level in nearly two years last month, increasing 5.5% over April 2013.
May 7, 2014Natural-Gas Suppliers Announce New Stations, Fleet Signings
LONG BEACH, Calif. — Natural-gas suppliers announced the opening of new stations for trucking use at the ACT Expo here.
May 7, 2014Boxer to Unveil Long-Term Transportation Bill
The top transportation authorizer in the Senate said she would unveil a long-term transportation bill May 8, responding to concerns raised by industry and government officials over a dwindling federal highway account that supports infrastructure projects.
May 7, 2014