C.H. Robinson’s 4Q Profit Improves
Transportation and logistics firm C.H. Robinson Worldwide’s fourth-quarter profit rose to $85.3 million, or 49 cents a share, from $71.8 million, or 41 cents, a year ago.
January 29, 2008J.B. Hunt’s Fourth-Quarter Income Dips
Truckload carrier J.B. Hunt Transport Services said late Tuesday its fourth-quarter profit declined to $54.3 million, or 42 cents a share, from $57.8 million, or 39 cents, a year ago.
January 29, 2008Teamsters Withdraw from FedEx Election in Mass., Company Says
The Teamsters union has voluntarily canceled an organizing election scheduled for Friday at the FedEx Home Delivery facility in Worcester, Mass., the company said.
January 29, 2008Oberstar Criticizes NTSB on I-35W Bridge
Rep. James Oberstar (D-Minn.), chairman of the House Transportation and Infrastructure Committee, last week criticized the chairman of the National Transportation Safety Board for suggesting a design flaw was a key factor in the Interstate 35W bridge collapse in Minneapolis.
January 29, 2008Marten’s Fourth-Quarter Income Declines
Refrigerated truckload carrier Marten Transport’s fourth-quarter net income fell to $3 million, or 14 cents a share, from $5.2 million, or 24 cents a year ago.
January 29, 2008ArvinMeritor Reports 1Q Loss
Trucking components maker ArvinMeritor Inc. Tuesday reported a $12 million, or 17 cents a share for its fiscal first quarter, compared with a profit of $7 million, or 10 cents a share, in the previous first quarter.
January 29, 2008Con-way’s Fourth-Quarter Income Declines
Con-way Inc. said late Monday its fourth-quarter net income fell to $34.5 million, or 73 cents a share, from $82.4 million, or $1.66 per share, a year earlier.
January 29, 2008BNSF Reports 4Q Profit; Revenue Reaches Record
Burlington Northern Santa Fe Corp. said Tuesday its fourth-quarter profit dipped slightly but rose on a per-share basis, while its revenue reached a record.
January 29, 2008Diesel Dips 1.1¢ to $3.259
The average national price of diesel fuel fell for a third straight week, dropping 1.1 cents to $3.259 a gallon, the Department of Energy said Monday.
January 29, 2008Consumer Confidence Falls in January
Consumer confidence declined in January, the New York-based Conference Board said Tuesday.
January 29, 2008