Ford Reports $1.6 Billion 3Q Profit
Ford Motor Co. said Wednesday its third-quarter earnings slipped 2% to $1.6 billion.
October 26, 2011Durable Goods Orders Dip 0.8%
Durable goods orders declined 0.8% in September as demand for aircraft dropped, the Commerce Department said Wednesday.
October 26, 2011Hub Group’s Third-Quarter Income Rises
Logistics firm Hub Group’s third-quarter income improved on higher intermodal activity.
October 26, 2011Accuride Reports Third-Quarter Loss
Commercial vehicle component manufacturer Accuride Corp. reported a third-quarter loss of $17.2 million, or 36 cents per share, compared with a profit of $30.8 million, or 8 cents, a year ago.
October 26, 2011Canadian Railroads Report Mixed Earnings
Canada’s two biggest freight railroads reported mixed earnings this week.
October 26, 2011Kansas City Southern’s 3Q Profit Doubles
Kansas City Southern reported its third-quarter earnings rose to $100 million, or 91 cents a share, from $50 million, or 48 cents, the previous year.
October 26, 2011Truck Tonnage Rises 5.9% in September
Truck tonnage rose 5.9% in September from a year ago, the 22nd straight month of year-over-year improvement, American Trucking Associations said Tuesday.
October 25, 2011First Mexican Truck Crosses Into U.S.
The first Mexican truck crossed the United States border Friday as part of the cross-border trucking pilot program between the countries, the Associated Press reported.
October 25, 2011UPS’ Third-Quarter Profit Rises
UPS Inc.’s third-quarter profit rose to $1.04 billion, or $1.06 per share, from $991 million, or 99 cents, a year ago, the company said Tuesday.
October 25, 2011Volvo’s 3Q Earnings Jump; Predicts 20% Growth in North American Sales
Volvo AB’s third-quarter profit jumped 36% and the company predicted industrywide heavy-duty truck sales in North America will rise 20% next year, Bloomberg reported Tuesday.
October 25, 2011