Old Dominion Freight Line’s Income Rises
Old Dominion Freight Line said Oct. 24 its third-quarter income and revenue increased from a year ago as tonnage rose 9.6%.
October 24, 2013Landstar’s Third-Quarter Profit Slips from Year Ago
Landstar System said Oct. 24 its third-quarter earnings slipped from a year ago as “the U.S. economy continues to experience very slow growth.”
October 24, 2013Mullen Group’s Trucking and Logistics Revenue Rises
Canadian transportation firm Mullen Group said its trucking and logistics revenue increased 19.3% in the third quarter.
October 24, 2013U.S. Trade Deficit Little Changed in August
The U.S. trade deficit was little changed in August, rising 0.4%, the Commerce Department reported.
October 24, 2013Weekly Jobless Claims Decline by 12,000
Jobless claims declined by 12,000 for the week ended Oct. 19 as California continued working through a backlog caused by a switch in computer systems, Bloomberg News reported.
October 24, 2013Daimler’s Earnings Improve in 3Q
German truck and auto maker Daimler AG reported “significantly improved” earnings in the third quarter compared to a year earlier, including a 53.2% increase in profit and a 4% increase in sales in its truck unit.
October 24, 2013Swift Reports Lower 3Q Net Income
Swift Transportation Co. reported its third-quarter profit declined from a year ago on “less than ideal market conditions.”
October 23, 2013Knight Reports Lower 3Q Earnings
Knight Transportation Inc. said Oct. 23 its third-quarter profit declined on a “difficult operating environment.”
October 23, 2013Railroads Report Increased 3Q Earnings
Norfolk Southern Corp., Canadian Pacific and Canadian National Railway Co. reported their third-quarter profits increased.
October 23, 2013Construction Spending Rises for Fifth Straight Month
Construction spending rose in August for a fifth consecutive month, the Commerce Department reported Oct. 23.
October 23, 2013