ISM Services Index Improves in October
An index of the U.S. economy’s service sector increased in October, the Institute for Supply Management reported Nov. 5.
November 5, 2013XPO Logistics Reports 3Q Loss
XPO Logistics’ third-quarter loss widened from a year ago, but revenue more than tripled.
November 5, 2013TravelCenters’ 3Q Profit Declines
TravelCenters of America’s third-quarter earnings decreased from a year ago, the company said Nov. 4.
November 4, 2013DEF Prices Stable, Report Says
U.S. and Canadian retail pump prices of diesel exhaust fluid were stable in October, according to the DEF Tracker report by consulting firm Integer Research Ltd.
November 4, 2013Reinhart Named Virginia Port Authority Executive Director
The Virginia Port Authority Board selected John Reinhart as its new executive director, Gov. Bob McDonnell said in a statement Oct. 31.
November 4, 2013Factory Orders Rise in September
Factory orders increased 1.7% in September, the Commerce Department reported Nov. 4.
November 4, 2013Jack Congdon, Old Dominion Freight Line Executive, Dies
John R. “Jack” Congdon, Sr., a longtime member of board of directors at Old Dominion Freight Line, died after a battle with cancer, he was 80 years old.
November 4, 2013Knight Says USA Truck Shows ‘Limited Improvement’
Knight Transportation Inc. said in a Securities and Exchange Commission filing that takeover target USA Truck Inc.’s “recent financial results demonstrate only limited improvement and that its recent share price surge is unsupported by either industry or company specific fundamentals.”
November 4, 2013Accuride Reports Third-Quarter Loss
Accuride Corp. reported a third-quarter loss and said sales declined “reflecting macro-economic and industry conditions.”
November 4, 2013OEMs Post Mixed Quarterly Earnings
Truck manufacturers Daimler Trucks and Paccar Inc. posted higher third-quarter profits, but Volvo AB reported lower earnings.
November 4, 2013