Iteris’ Income Jumps in Fiscal 1Q
Iteris Inc., which makes lane-departure warning systems for the trucking industry, said Thursday its fiscal first-quarter profit jumped from a year ago.
July 23, 2010Forward Air Reports Higher 2Q Income
Forward Air Corp. said late Thursday its second-quarter net income rose to $7.9 million, or 27 cents per share, from $2.8 million, or 10 cents, a year ago.
July 22, 2010Volvo Reports 2Q Profit
Volvo AB Thursday reported second-quarter net income of about $430 million, compared with a loss of about $760 million a year ago when orders were low.
July 22, 2010FedEx to Pay $3 Million to Massachusetts in Contractor Case Settlement
The Massachusetts attorney general’s office said FedEx Ground has agreed to pay the state $3 million to settle claims that FedEx allegedly misclassified its drivers as independent contractors.
July 22, 2010Swift Files Registration for IPO
Swift Corp. said its wholly owned subsidiary Swift Holdings Corp. has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering.
July 22, 2010UPS’ 2Q Income Jumps 71%
UPS Inc. said Thursday its second-quarter profit jumped 71% on stronger international shipments, and the company boosted its full-year earnings outlook.
July 22, 2010Vitran’s Second-Quarter Income Improves
Vitran Corp.’s second-quarter net income jumped to $1.7 million, 11 cents per share, up from $400,000, or 3 cents, a year ago.
July 22, 2010USA Truck Returns to Profit
USA Truck Thursday reported a $900,000 profit in the second quarter, compared with a $1.2 million loss a year ago.
July 22, 2010Caterpillar’s 2Q Income Jumps on Higher Worldwide Sales
Heavy equipment maker Caterpillar Inc. said Thursday its second-quarter net income jumped 91% on higher worldwide sales of industrial equipment.
July 22, 2010Union Pacific’s 2Q Earnings Rise 53%
Union Pacific Corp. said Thursday its second-quarter net income rose 53% to $711 million, or $1.40 a share.
July 22, 2010