Vitran Reports Lower 2Q Income
Vitran Corp. said Wednesday its second-quarter profit fell 16% to $4.6 million, or 34 cents a share, from $5.5 million, or 41 cents, a year earlier.
July 23, 2008Commuters Protest Proposed Delaware Bridge Toll Hikes
Commuters at a public hearing Tuesday protested proposed toll hikes for the Delaware River bridge, the Philadelphia Inquirer reported Wednesday.
July 23, 2008Norfolk Southern’s 2Q Income Rises 15%
Eastern freight railroad Norfolk Southern Corp. said its second-quarter profit rose 15%, as higher revenue per shipment offset an overall drop in traffic and record fuel prices.
July 23, 2008C.H. Robinson’s 2Q Profit Improves
Transportation and third-party logistics firm C.H. Robinson Worldwide said its second-quarter profit rose to $90.4 million, or 52 cents a share, from $82.3 million, or 47 cents, a year ago.
July 22, 2008EPA To Award $3.4 Million in Diesel Technology Grants
The Environmental Protection Agency said Monday it will award $3.4 million in grants to establish projects using emerging technologies to reduce emissions from the diesel engine fleets.
July 22, 2008Heartland’s Income Dips; Carrier Plans Fleet Upgrade
Heartland Express Tuesday reported a decline in its second-quarter profit but said it plans to begin a fleet upgrade in the third quarter in which it plans to buy 1,600 new trucks.
July 22, 2008Diesel Falls 4.6¢ to $4.718 a Gallon
Diesel fuel’s national average pump price fell by the most in six months, dropping 4.6 cents to $4.718 a gallon, the Department of Energy reported.
July 22, 2008Paccar’s 2Q Income Gains on European Sales
Heavy-duty truck maker Paccar Inc. said Tuesday its second-quarter profit rose 5%, led by higher European sales.
July 22, 2008Caterpillar’s 2Q Income Jumps on International Demand
Heavy equipment and diesel engine maker Caterpillar Inc. said Tuesday its second-quarter profit rose 34%, led by international demand.
July 22, 2008Canada’s Two Largest Railroads Report Lower Income
Canada’s two biggest freight railroads reported downturns in their second-quarter profits, Bloomberg reported.
July 22, 2008