Wabco’s First-Quarter Profit Rises
Wabco Holdings Inc. said Wednesday its net income rose 53% to $61.3 million, or 91 cents a share, from $40.1 million, or 58 cents, a year ago.
April 30, 2008GM Takes $3.3 Billion First-Quarter Loss
General Motors Corp. reported a $3.3 billion first-quarter loss, due in part to a weak U.S. market, a strike at a major parts supplier and plummeting sales of sport utility vehicles and pickup trucks, the Associated Press reported Wednesday.
April 30, 2008Study Calls for More Infrastructure Spending
The United States needs to spend $170 billion more each year on transportation infrastructure to avoid a crisis in the next decade, according to a new study, Bloomberg reported.
April 30, 2008FAST Card Applications Now Being Taken Online
The U.S. Customs and Border Patrol agency has implemented an online application for Free and Secure Trade, or FAST, cards through its Global Online Enrollment System, or GOES.
April 30, 2008P.A.M. Takes $2.8 Million Loss in 1Q
Truckload carrier P.A.M. Transportation Services said it lost $2.8 million, or 29 cents a share, in the first quarter, compared with net income of $1.3 million, or 12 cents, a year earlier.
April 29, 2008Daimler’s 1Q Income Declines on Lower Truck Sales
Daimler AG said Tuesday its first-quarter profit declined 32% on lower truck sales, Bloomberg reported.
April 29, 2008ArvinMeritor Reports Fiscal 2Q Profit
Trucking components maker ArvinMeritor Inc. reported its first profit in five quarters Tuesday, saying it earned $20 million, or 28 cents a share, compared with a net loss of $94 million, or $1.34, last year.
April 29, 2008DOT Offers Chicago $153 Million to Reduce Congestion
Chicago will receive more than $153 million in federal funds under a new congestion initiative, the U.S. Department of Transportation said.
April 29, 2008Diesel Gains 3.4¢ to Record $4.177
The national average price of diesel fuel rose to a new record high, gaining 3.4 cents to $4.177 a gallon, the Department of Energy said Monday.
April 29, 2008BNSF’s First-Quarter Income Gains 30%
Burlington Northern Santa Fe Corp. said Tuesday its first-quarter profit rose 30% to $455 million, or $1.30 a share, from $349 million, or 96 cents, a year earlier.
April 29, 2008