Forward Air’s 2Q Profit Falls
Forward Air Corp.’s second-quarter net income fell to $2.8 million, or 10 cents per share, compared with a profit of $12.1 million, or 42 cents, a year ago.
July 21, 2009Canadian National's 2Q Income Falls 16%
Canadian National Railway said late Monday its second-quarter net income fell 16% to C$387 million, or 82 cents a share, from C$459 million, or 95 cents, a year ago.
July 21, 2009Volvo Completes First 2010 Truck
Volvo Trucks North America said Monday that its first 2010-compliant truck has been driven off the assembly line.
July 20, 2009Dynamex USA President to Resign
Dynamex Inc. said that Catherine Taylor, president of Dynamex USA, will resign Aug. 15.
July 20, 2009Oklahoma to Raise Tolls 16% in August
Tolls on Oklahoma's turnpikes will increase by 16% beginning Aug. 4, the Associated Press reported.
July 20, 2009Eaton’s 2Q Profit Declines
Vehicle parts manufacturer Eaton Corp. said Monday its second-quarter profit fell 91% and that its full-year earnings would be less than previously forecast due to slowing demand in Europe.
July 20, 2009Leading Indicators Rise for Third Month
An index of leading economic indicators rose 0.7% in June, the third consecutive increase, the New York-based Conference Board said Monday.
July 20, 2009Ericsson to Receive $5 Bln. to Run Sprint’s Networks
Sprint Nextel Corp., the third-largest U.S. wireless carrier, plans to pay Ericsson AB as much as $5 billion to manage its networks, offloading the expense of running its own systems.
July 20, 2009I-75 Near Detroit Expected to Reopen Monday
A two-mile stretch of Interstate 75 damaged by a fiery explosion last week is expected to reopen Monday, the Detroit Free Press reported.
July 20, 2009Oil Rises to Two-Week High Near $65 a Barrel
Oil prices rose to their highest level in almost two weeks near $65 a barrel, pushed higher by strong equity markets and signs that energy demand in China is rebounding, Bloomberg reported Monday.
July 20, 2009