Caterpillar’s Third-Quarter Profits Decline
Caterpillar Inc.’s third-quarter profit fell to $946 million, or $1.45 a share, from $1.7 billion, or $2.54, a year ago, on lower sales.
October 25, 2013UPS More Than Doubles 3Q Income
Parcel carrier UPS Inc. said its third-quarter net income grew by 133%, primarily due to growth in e-commerce shipments in the United States and increased exports from Europe.
October 25, 2013Volvo Reports Lower 3Q Profit
Swedish truck-maker Volvo AB saw its third-quarter operating income drop 18% to 2.4 billion kronor ($380 million).
October 25, 2013Consumer Confidence Falls to 10-Month Low
Consumer confidence fell to a 10-month low this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Oct. 25.
October 25, 2013Durable Goods Orders Rise in September
Durable goods orders increased 3.7% in September, the Commerce Department said Oct. 25.
October 25, 2013Intermodal Rail Volume Rises 4% for Week
Intermodal rail volume for the week ended Oct. 19 rose 4.3% from the same period last year, the 16th consecutive rise, the Association of American Railroads reported.
October 25, 2013Universal Truckload Sees 3Q Net Income Fall
Universal Truckload Services Inc. said its net income in the third quarter dropped 8.7% to $13.7 million or 46 cents a share, from $15 million, or 50 cents, a year prior.
October 24, 2013About 150 Pilot Customers Reject Settlement
About 150 of the roughly 5,500 Pilot Flying J customers eligible for a rebate-fraud class-action lawsuit settlement have formally declined to take part, a Pilot spokeswoman said Oct. 24.
October 24, 2013Pacer Reports Doubled 3Q Profit
Pacer International Inc. more than doubled third-quarter profits from a year ago, but its intermodal and logistics revenue declined, the company reported.
October 24, 2013Echo Global Logistics’ Profit Rises
Echo Global Logistics said its third-quarter profit rose from a year ago, and its revenue improved.
October 24, 2013