Caterpillar’s Fourth-Quarter Earnings Improve
Heavy equipment and diesel engine manufacturer Caterpillar Inc. said its fourth-quarter profit rose 11% to $975 million, or $1.50 per share, from $882 million, or $1.32, a year ago.
January 25, 2008European Heavy Truck Sales Rise 7.3%
European heavy-duty truck sales rose 7.3% last year, led by Poland and Czech Republic, Bloomberg reported Friday.
January 25, 2008Trucking Carried More Than 10 Billion Tons of Freight in ’06, ATA Says
The U.S. trucking industry hauled more goods than ever before in 2006, the American Trucking Associations said Friday.
January 25, 2008Court Rebuffs Public Citizen on HOS Rule
A federal court has rejected a request by several advocacy groups, led by Public Citizen, seeking to overturn the interim hours-of-service rule issued by the Federal Motor Carrier Safety Administration last month.
January 24, 2008Covenant Reports Fourth-Quarter Profit
Covenant Transportation Group earned $176,000, or 1 cent per share in the fourth quarter, compared with a loss of $894,000, or 6 cents, a year earlier.
January 24, 2008Heartland’s 4Q Earnings Drop 15%
Truckload carrier Heartland Express said Thursday its fourth-quarter profit fell 15% to $16.6 million, or 17 cents a share, from $19.6 million, or 20 cents, a year earlier.
January 24, 20082007 Home Sales Fall to Lowest Level Since 1982
Existing homes sales fell 2.2% in December, capping the biggest annual slump since 1982, the National Association of Realtors said Thursday.
January 24, 2008Knight’s Fourth-Quarter Income Drops
Truckload carrier Knight Transportation’s fourth-quarter profit fell to $13.8 million, or 16 cents a share, from $18.9 million, or 23 cents, a year ago.
January 24, 2008Celadon’s 2Q Income Drops
Truckload carrier Celadon Group said late Wednesday its fiscal second-quarter profit plunged 72% to $1.7 million, or 8 cents a share, from $6.1 million, or 26 cents, a year earlier.
January 24, 2008USA Truck Reports $1.6 Million 4Q Loss
Truckload carrier USA Truck said Thursday it lost $1.6 million in the fourth quarter, due to a “challenging freight environment.”
January 24, 2008