Obama Promises New Infrastructure Plan
President Obama said Thursday he plans to roll out a new infrastructure plan in the coming weeks and take it to the country to create jobs and make the American economy more competitive globally.
July 25, 2013Swift Reports Higher 2Q Net Income
Swift Transportation Co.’s second-quarter profit rose from a year ago on higher revenue at its truckload and intermodal operations.
July 25, 2013Landstar’s 2Q Profit Slips from Year Ago
Landstar System said Thursday its second-quarter earnings slipped from a year ago but that the first few weeks of the third quarter have shown improvement.
July 25, 2013Old Dominion Freight Line’s Income Rises 22%
Old Dominion Freight Line said Thursday its second-quarter income and revenue increased from a year ago, as tonnage rose 5.6%.
July 25, 2013Unions End Strike at Daimler’s Western Star Plant in Oregon
Workers at Daimler Trucks North America’s Portland, Ore., plant that makes Western Star trucks have approved a contract, ending a three-week strike, the Oregonian newspaper reported.
July 25, 2013USA Truck’s Second-Quarter Loss Narrows
USA Truck said its second-quarter loss narrowed from a year ago.
July 25, 2013Dana’s 2Q Profit Rises
Component maker Dana Holding Corp. said Thursday its second-quarter profit rose from a year ago, as light-vehicle markets offset a decline in North American commercial trucking markets.
July 25, 2013Durable Goods Orders Rise 4.2% in June
Durable goods orders rose 4.2% in June, the Commerce Department said Thursday.
July 25, 2013Mass. Lawmakers Approve 3-Cent Diesel-Tax Hike
Massachusetts became the latest state to increase its fuel taxes, with lawmakers approving a transportation-funding plan Wednesday that will add 3 cents to the state’s 21-cent-per-gallon diesel and gasoline taxes.
July 25, 2013Caterpillar’s Second-Quarter Profit Declines
Caterpillar Inc.’s second-quarter profit fell to $960 million, or $1.45 a share, from $1.7 billion, or $2.54, a year ago, on lower sales.
July 25, 2013