Old Dominion Sets 3-for-2 Stock Split
Old Dominion Freight Line said Monday its board approved a three-for-two stock split for shareholders as of Aug. 9, effective Aug. 23.
August 2, 2010Expeditors’ Second-Quarter Profit Improves
Logistics firm Expeditors International of Washington said Monday its second-quarter profit rose 67% to $90.3 million, or 42 cents a share, from $54.1 million, or 25 cents, a year ago.
August 2, 2010Bill Would Allow Local Oversight of Emissions Regulations at Ports
A New York Congressman introduced a bill that would allow the Port of Los Angeles to implement its employee-only clean trucks plan supported by the Teamsters union.
August 2, 2010Oshkosh Posts $211 Million 3Q Profit
Oshkosh Corp. said Monday its fiscal third-quarter profit jumped on higher military orders, turning around a loss from a year ago.
August 2, 2010ISM Manufacturing Index Expands at Slower Pace
U.S. manufacturing activity rose in July at the slowest pace this year, the Institute for Supply Management said Monday.
August 2, 2010Nation’s Top Truck Drivers Gather in Ohio for Annual ‘Super Bowl of Safety’ Contest
The truck drivers who are traveling to Columbus, Ohio, for the National Truck Driving Championships and National Step Van Driving Championships, which are scheduled for Aug. 3-7, very much appreciate the renewed national focus on driver safety.
August 2, 2010Construction Spending Grows in June
Construction spending increased 0.1% in June following a drop in the month before, the Commerce Department said Monday.
August 2, 2010Trailer Orders Double in June, Led by Demand for Dry Vans
New orders for commercial trailers, led by dry van orders, more than doubled in June, surging 103% over the same month last year, ACT Research Co. reported.
August 2, 2010June Truck Tonnage Rises
Tonnage hauled by U.S. trucking companies in June rose by 7.6% from year-ago levels, even as indications of a slowdown in economic growth appeared, according to American Trucking Associations.
August 2, 2010DTNA’s Daum Defends SCR, Rebuts Navistar’s Criticisms
The top Daimler Trucks executive in North America last week defended use of selective catalytic reduction to meet federal emissions requirements, rebutting claims by Navistar Inc. that SCR engines do not meet environmental standards because their emissions controls can be overridden by using plain water in place of a urea-water solution.
August 2, 2010