Business

Kansas City Southern said it earned $32.6 million, or 34 cents a share, in its first quarter, compared with a loss of $8.1 million, or 9 cents, the previous year.

The Federal Motor Carrier Safety Administration released the 2010 fees for the Unified Carrier Registration program Monday, more than doubling the levy across the board but setting it slightly lower than the agency had proposed last year.

Trucking has a seat on a newly-created transition team that is supposed to set the future course of the Illinois Tollway but higher tolls are not in trucking’s future, the industry representative said.

New Jersey plans to close bathrooms at two more highway rest stops due to budget cutbacks this year, a move that has renewed calls to allow states to lease rest areas to private truck stop operators.

Cummins Inc. said Tuesday its first-quarter profit jumped to $149 million, or 75 cents a share, from $7 million, or 4 cents, a year ago.

UPS Inc. Tuesday formally issued its first-quarter earnings statement, matching the increase it first released earlier this month, and said its sales rose 7.2%.

Ford Motor Co. Tuesday posted a $2.1 billion first-quarter profit and said it would be profitable this year, the Associated Press reported.

Consumer confidence grew this month to its highest level since September 2008, the New York-based Conference Board reported.

Canadian National Railway Co. said its first-quarter net income rose 21% to C$511 million, or C$1.08 per share, from C$424 million or 90 cents per share, a year earlier.