Eaton’s First-Quarter Profit Jumps
Truck and auto components maker Eaton Corp.’s first-quarter profit jumped 80% as its truck unit’s sales rose 27%.
April 20, 2011Heartland’s First-Quarter Profit Rises 25%
Truckload carrier Heartland Express said Wednesday its first quarter profit rose 25% from a year ago on higher freight demand, while citing concerns over tight driver availability.
April 20, 2011Marten’s First-Quarter Profit Improves
Marten Transport’s first-quarter profit rose 5.2%, its fourth straight quarter of higher year-over-year profitability, on improved performance in its truckload and logistics sectors.
April 20, 2011Knight Transportation’s 1Q Income Slips
Knight Transportation said Wednesday its first-quarter profit fell from a year ago, citing higher fuel prices and softer freight demand in the West.
April 20, 2011Existing Home Sales Rise 3.7%
Existing home sales rose in March from a nine-year low, the National Association of Realtors said Wednesday.
April 20, 2011TIA Joins With ATA, OOIDA to Support Broker Surety Bill
In an unusual display of unity, the Transportation Intermediaries Association has joined forces with the two largest trucking trade associations to support anti-fraud legislation that would raise the freight broker surety requirement to $100,000 and require separate broker and carrier licenses.
April 20, 2011Hub Group’s First-Quarter Income Rises
Logistics firm Hub Group’s first-quarter income improved on higher intermodal activity.
April 20, 2011CSX Reports Jump in 1Q Income, Revenue
CSX Corp.’s first-quarter profit jumped 30% on higher prices and demand, the railroad said.
April 20, 2011Bill Would Suspend Deadline for 100% Cargo Scanning
A new Senate bill would suspend the July 2012 deadline for scanning all cargo bound for the United States.
April 19, 2011Paccar’s First-Quarter Income Jumps
Paccar Inc. said Tuesday its first-quarter profit jumped, and the truck manufacturer boosted its forecast for Class 8 North American truck production.
April 19, 2011