Hub Group’s 1Q Profit Improves
Third-party logistics company and freight broker Hub Group’s first-quarter profit rose to $13.1 million, or 35 cents per share, from $11.5 million, or 29 cents, a year earlier.
April 25, 2008Volvo’s Earnings Improve on Eastern European Sales
Volvo AB’s earnings rose 12% to about $707 million, as sales in Eastern Europe Russia offset North American declines, Bloomberg reported Friday.
April 25, 2008YRC Reports $45.9 Million 1Q Loss
YRC Worldwide reported a first-quarter loss of $45.9 million, or 81 cents a share, compared with earning $1.3 million, or 2 cents a share, a year ago.
April 25, 2008Saia Reports First-Quarter Loss
Saia Inc. Friday reported a first-quarter loss of $833,000, or 6 cents a share, compared with earning $3 million, or 21 cents, a year ago.
April 25, 2008Intermodal Traffic Declines for Week
Rail intermodal traffic fell 3.2% for the week ended Saturday compared with the same week a year ago, the Association of American Railroads said.
April 24, 2008New Home Sales Plunge to 17-Year Low
New home sales fell to a 17-year low in March, the Commerce Department said Thursday.
April 24, 2008Union Pacific’s 1Q Profit Rises
Union Pacific Corp. said Thursday its first-quarter profit rose 15% as revenue rose in each of its six business units.
April 24, 2008Qualcomm’s Fiscal 2Q Earnings Improve
Wireless-services provider Qualcomm Inc. said its fiscal second-quarter earnings rose 5% to $766 million, or 47 cents a share, from $726 million, or 43 cents, a year ago.
April 24, 2008Ford Posts $100 Million 1Q Profit
Ford Motor Co. said Thursday it posted a $100 million profit in the first quarter, led by strong results from Europe and South America that helped offset slumping U.S. sales, the Associated Press reported.
April 24, 2008Durable Goods Orders Fall in March
Durable goods orders fell 0.3% in March, though bookings excluding transportation orders increased, the Commerce Department said Thursday.
April 24, 2008