Truck Tonnage Sees 7.3% Drop
U.S. truck tonnage fell 7.3% in September from the same month last year, the best year-to-year showing since November 2008, American Trucking Associations said Friday.
October 23, 2009Mack, Volvo Trucks to Merge
Mack Trucks and Volvo Trucks North America will merge next month into a single corporate entity, the (Allentown, Pa.) Morning Call reported.
October 23, 2009Saia Increases 3Q Profit
Saia Inc. said its third-quarter profit increased to $3.3 million, from $2.8 million the prior year.
October 23, 2009Existing Home Sales Jump to Two-year High
Existing homes sales jumped in September to the highest level in more than two years, the National Association of Realtors said Friday.
October 23, 2009TransForce Reports Lower 3Q Income
Canadian transportation and logistics firm TransForce Inc. said its third-quarter net income fell to C$17 million, or 19 cents a share, from C$26.5 million, or 31 cents, a year ago.
October 23, 2009Volvo Reports Fourth Straight Loss
Volvo AB said Friday it lost $427 million, or 21 cents a share in the third quarter, less than analysts’ estimates, as labor reductions showed savings faster than anticipated, Bloomberg reported.
October 23, 2009Intermodal Traffic Declines for Week
U.S. intermodal rail traffic fell 12.6% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.
October 23, 2009Universal Truckload Services’ Income Drops
Universal Truckload Services said its third-quarter net income plunged 68.6% to $1.7 million, or 11 cents per share, from $5.4 million, 34 cents, a year ago.
October 22, 2009Iteris’ Income Falls for Fiscal 2Q
Iteris Inc., which makes lane-departure warning systems for the trucking industry, said Thursday its fiscal second-quarter profit decreased from a year ago.
October 22, 2009BNSF’s 3Q Income Falls 29.8%
Burlington Northern Santa Fe Corp. said its third-quarter profit fell 29.8% as shipping volumes dropped.
October 22, 2009