ODFL Posts Record Profits for 4Q, Year
Old Dominion Freight Line posted record revenue and earnings for both the fourth quarter and the full year, the less-than-truckload carrier said Thursday.
February 2, 2012Landstar’s Earnings Improve for 4Q, Year
Truckload carrier Landstar System said Thursday its fourth-quarter earnings rose to $32.6 million, or 70 cents per share, from $24.1 million, or 50 cents, a year earlier.
February 2, 2012Ryder’s Fourth-Quarter Profits Improve
Ryder System said Thursday its fourth-quarter profit improved and projected its full-year revenue will rise 4% in 2012.
February 2, 2012Meritor’s Fiscal 1Q Loss Widens
Truck components maker Meritor Inc. said Thursday it lost $22 million, or 23 cents per share, in its fiscal first quarter, compared with a net loss of $2 million, or 3 cents, a year ago.
February 2, 2012C.H. Robinson Reports Higher 4Q Profit
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a fourth-quarter profit of $109.2 million, or 67 cents a share, up 5.9% from $103.2 million, or 62 cents, a year earlier.
February 2, 2012Jobless Claims Fall for Week
Initial jobless claims decreased last week, the Labor Department said Thursday.
February 2, 2012N.C. College to Manage Global Logistics Center
The Piedmont Triad Partnership, a private economic development organization representing 12 counties in North Carolina’s Piedmont region, said it has agreed to turn over management of the North Carolina Center for Global Logistics to Guilford Technical Community College in Jamestown, N.C.
February 2, 2012Patriot’s Fiscal 1Q Income Slips; Revenue Improves
Patriot Transportation Holding said Wednesday its fiscal first-quarter profit fell from a year ago, in part due to a one-time gain in the year-ago period.
February 1, 2012YRC Rebrands Unit as YRC Freight
YRC Worldwide on Wednesday unveiled its rebranded unit YRC Freight, formerly YRC Inc.
February 1, 2012Navistar, Clean Energy Unveil Natural Gas Partnership
LISLE, Ill. — Navistar Inc. and Clean Energy Fuels Corp. unveiled a program that will provide natural gas-powered trucks to customers at the same cost as diesel vehicles, if the customers commit to purchase their fuel from Clean Energy.
February 1, 2012