Patriot Transportation’s 1Q Profit Rises
Patriot Transportation Holding said its fiscal first-quarter profit rose from a year ago.
February 6, 2013Postal Service Plans to End Saturday Mail Delivery
The U.S. Postal Service plans to end Saturday mail delivery by as soon as August to cut financial losses, Bloomberg News reported Wednesday.
February 6, 2013Volvo’s 4Q Profit Drops
Volvo AB’s fourth-quarter earnings fell, and the company predicted a “difficult” first quarter but said U.S. and European commercial-vehicle markets will likely recover later this year, Bloomberg News reported Wednesday.
February 6, 2013Cummins’ 4Q Income Declines
Cummins Inc.’s fourth-quarter operating profit and sales fell on weaker North American trucking and construction markets, the engine maker said Wednesday.
February 6, 2013Wabash National’s 4Q Income Improves
Trailer manufacturer Wabash National Corp’s fourth-quarter income improved from a year ago, and its operating profit tripled.
February 6, 2013Goal Set for Biodiesel to be 10% of On-Road Diesel Market by 2022
The National Biodiesel Board announced a goal for biodiesel to make up 10% of the on-road diesel market by 2022.
February 6, 2013C.H. Robinson Reports Higher 4Q Profit
C.H. Robinson Worldwide reported higher fourth-quarter profit, led by acquisitions.
February 6, 2013Eberhart Capital Buys Nebraska Trucking Firm Poling Transportation
Private equity firm Eberhart Capital said it acquired Omaha, Neb.-based trucking firm Poling Transportation. Terms were not disclosed.
February 6, 2013Arizona Trucking Association Names Tony Bradley CEO
The Arizona Trucking Association said Tuesday its board appointed Tony Bradley the group’s new CEO.
February 5, 2013UPS Expands Health-Care Logistics Network
UPS Inc. said Tuesday it has expanded its health-care distribution network, adding to or enlarging five distribution centers for the growing market sector.
February 5, 2013