Paccar’s 4Q Income Falls
Heavy-duty truck maker Paccar Inc. said Tuesday its fourth-quarter profit fell to $261.1 million, or 71 cents per share, from $380.5 million, or $1.01 per share, a year earlier.
January 29, 2008December Durable Goods Orders Jump 5.2%
Durable goods orders jumped 5.2% in December, the Commerce Department said Tuesday.
January 29, 2008Canadian Pacific’s Fourth-Quarter Income Gains
Canadian Pacific Railway Ltd. said Tuesday its fourth-quarter net income rose to C$342.3 million, or C$2.21 per share, compared with C95 cents, in the previous fourth quarter.
January 29, 2008Corporate Express to Use Biodiesel Blend
Corporate Express US said Monday it is now fueling the majority of its 45-truck delivery fleets in Colorado and Kansas with a 20% blend of biodiesel fuel.
January 28, 2008Trucks, Autos Facing Higher Tolls, Paper Says
Drivers around the country will see big hikes in toll fees this year for roads, bridges and tunnels, USA Today reported Monday.
January 28, 2008YRC Reports Fourth-Quarter Loss
YRC Worldwide Monday reported a fourth-quarter loss of $735.8 million, or $12.99 a share, as it took a charges on writing down its acquisitions.
January 28, 2008New Home Sales Drop for 2007 Is Lowest on Record
New home sales fell 4.7% in December, capping the biggest annual decline on record, the Commerce Department said Monday.
January 28, 2008Con-way TL Selects Qualcomm as New Communications System
Herb Schmidt, president of Con-way Truckload, said the carrier will replace its Geologic mobile communications equipment with Qualcomm’s OmniVision system.
January 28, 2008Trucking Hopeful for Gains
Congress, President Bush and the Federal Reserve agreed last week to several dramatic moves aimed at stimulating the U.S. economy, and trucking industry officials said they hoped the actions would boost the fortunes of freight haulers.
January 28, 2008Johnson Refrigerated Develops System for Automatic Defrost on Truck Bodies
Johnson Refrigerated Truck Bodies said that it has developed an automatic defrost option for its fiberglass truck bodies that is “100% automatic, requires zero man-hours [and] no water.”
January 28, 2008