C.H. Robinson Reports Higher 1Q Profit
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a first-quarter profit of $106.5 million, or 65 cents a share, up from $97 million, or 59 cents, a year earlier.
April 25, 2012New Home Sales Decline in March
New home sales fell 7.1% in March from a two-year high the previous month, the Commerce Department said Tuesday.
April 24, 2012Truck Tonnage Rises 2.7% in March
Truck tonnage rose 2.7% in March from a year ago, the smallest gain since December 2009, American Trucking Associations reported.
April 24, 2012Consumer Confidence Declines
Consumer confidence decreased this month, the New York-based Conference Board said Tuesday.
April 24, 2012Senate Names Transportation Conferees
The Senate has named 14 of its members to serve on the conference committee tasked with ironing out House-Senate differences on a long-term transportation funding bill.
April 24, 2012Ryder’s First-Quarter Income Rises
Ryder System on Tuesday said its first-quarter profit rose from a year ago on higher freight volumes, stronger used vehicle sales and improved rental and leasing revenue.
April 24, 2012Paccar’s 1Q Profit Jumps on Higher Truck Sales
Truck and engine maker Paccar Inc. said Tuesday its first-quarter profit rose from a year ago on higher truck and aftermarket sales.
April 24, 2012Illinois Sets Funds to Alleviate No. 1 Trucking Bottleneck
Illinois Gov. Pat Quinn announced Monday a major reconstruction project to add “much-needed capacity to the Circle Interchange in the heart of Chicago.”
April 24, 2012Diesel Falls Again, Declining 4.2¢, to $4.085; Gasoline Falls 5.2¢ to $3.87 a Gallon
Diesel fell for the third time in four weeks, doubling last week’s decline to a 4.2-cent drop to $4.085 a gallon, the Department of Energy said Monday.
April 24, 2012Canadian Railroads Report Mixed 1Q Earnings
Canada National Railway Co. reported lower first-quarter earnings and Canadian Pacific Railway Co. reported a rise.
April 24, 2012