Business

Old Dominion Freight Line’s fourth-quarter profit fell to $9.7 million, or 26 cents per share, from $11 million, or 30 cents, a year ago.

Truckload carrier USA Truck reported a fourth-quarter loss of $2.5 million, or 24 cents per share, compared with net income of $599,000, or 6 cents, a year ago.

Arkansas Best Corp. said Thursday it lost $88.7 million, or $3.54 per share, in the fourth quarter, compared with a loss of $11 million, or 44 cents, a year earlier.

Ford Motor Co. said Thursday it posted its first profit in four year, earning $2.7 billion and ending three straight annual losses.

Durable goods orders increased in December, the Commerce Department said Thursday.

Initial jobless claims dropped by 12,000 last week, the Labor Department said Thursday.

Specialty truck maker Oshkosh Corp. said Thursday its fiscal first-quarter profit improved on higher military sales.

Canadian freight railroad Canadian Pacific’s fourth-quarter net income grew 3% to C$194.1 million, or C$1.15, from C$188.1 million, or C$1.21, a year earlier, Reuters reported.

Kansas City Southern said Thursday it earned $32 million, 33 cents a share, in its fourth quarter, compared with $36.4 million, or 40 cents, the previous year.

FRAMINGHAM, Mass. — Audio products maker Bose Corp. has jumped into the trucking sector, unveiling a high-tech seat for over-the-road drivers to combat road vibration.