USA Truck Reports Lower 2Q Earnings
Truckload carrier USA Truck reported its second-quarter profit fell 63% on lower freight demand, declining to $1.6 million or 15 cents a share, from $4.4 million or 38 cents a year ago.
July 20, 2007Oil Closes Near $76 a Barrel
Crude oil briefly touched $76 a barrel for the first time in 11 months before closing just below that level on Thursday, the Associated Press reported.
July 19, 2007Deal Reached on N.Y.C. Traffic Fees
New York state leaders reached agreement Thursday with New York City on a plan to put “congestion fees” on cars and trucks operating in the center of Manhattan, the Associated Press reported.
July 19, 2007Philadelphia Factory Index Declines
Manufacturing growth in the Philadelphia area slowed in July, the Federal Reserve Bank of Philadelphia said.
July 19, 2007Vitran’s Profit Dips in Second Quarter
Vitran Corp. said Thursday its second-quarter profit was $5.5 million or 41 cents a share, down from $5.8 million or 45 cents a year ago.
July 19, 2007Leading Economic Indicators Fall
An index of leading economic indicators fell 0.3% in June, the New York-based Conference Board said Thursday.
July 19, 2007Union Pacific’s 2Q Earnings Jump
Freight railroad Union Pacific Corp.’s second-quarter earnings jumped 14% to $446 million or $1.65 a share, from $390 million or $1.44 a year ago.
July 19, 2007Landstar’s 2Q Profit Rises
Truckload carrier Landstar System said Thursday its second-quarter net income rose to $29.7 million or 53 cents a share, from $29.5 million or 50 cents a year ago.
July 19, 2007Con-way’s 2Q Income Falls
Con-way Inc.’s second-quarter net income fell to $46.4 million or 96 cents a share, from $68.9 million or $1.30 a year ago.
July 19, 2007Knight’s Second-Quarter Earnings Improve
Truckload carrier Knight Transportation’s second-quarter profit rose to $18.2 million or 21 cents a share, from $18.1 million or 21 cents a year ago.
July 19, 2007