Meritor Swings to Fiscal 3Q Profit
Components maker Meritor Inc. Tuesday reported a third-quarter profit compared with a loss a year ago, as its commercial truck unit sales rose.
August 2, 2011NAFTA Surface Trade Rises 15.7% in May
Surface trade among the United States, Canada and Mexico rose 15.7% in May from a year ago, the Department of Transportation said Tuesday.
August 2, 2011Roadrunner Buys Calif. Intermodal Firm
Roadrunner Transportation Systems said it has acquired The James Brooks Co., a provider of intermodal transportation and related services to the California ports of Oakland and Los Angeles/Long Beach.
August 2, 2011Arkansas Best Swings to 2Q Profit
Arkansas Best Corp. Tuesday reported a second-quarter profit compared with a loss a year ago on stronger freight tonnage and pricing.
August 2, 2011Old Dominion Launches Vault Logistics Division
Old Dominion Freight Line has introduced Vault Logistics, a new third party-logistics provider.
August 2, 2011Mike Smid Departs YRC Worldwide
Mike Smid, president of YRC Inc. and YRC Worldwide’s chief operations officer, has retired, the company said.
August 2, 2011TransForce’s 2Q Earnings Jump on Acquisitions
TransForce Inc.’s second-quarter net income rose to C$26.2 million, or 27 cents a share, from C$17 million, or 18 cents, a year earlier.
August 2, 2011Quality’s Second-Quarter Income Jumps
Tank truck carrier Quality Distribution said its second-quarter profit jumped on higher revenue and lower expenses.
August 2, 2011Diesel Dips 1.2¢ to $3.937 a Gallon; Gasoline Rises for Fifth Straight Week
Diesel declined for the first time in four weeks, dipping 1.2 cents to $3.937 a gallon, the Department of Energy said.
August 2, 2011Personal Spending Declines for First Time in Nearly Two Years
Consumer personal spending decreased for the first time in nearly two years in June, the Commerce Department said Tuesday.
August 2, 2011