Cummins' 1Q Profits Improves
Diesel engine maker Cummins Inc. earned $143 million or $1.42 a share in the first quarter, up from $135 million or $1.35 a year earlier.
April 27, 2007March Trucking Index Gains
American Trucking Associations’ truck tonnage index rose 1.6% in March from a year ago, marking the first year-over-year increase since June, ATA said Thursday.
April 27, 2007Universal Truckload’s Profit Dips
Universal Truckload Services's first-quarter profit fell $3.2 million or 20 cents a share, down from $4.6 million or 28 cents last year.
April 27, 2007YRC’s 1Q Income Declines
Less-than-truckload carrier YRC Worldwide said late Thursday its first-quarter income was $1.3 million or 2 cents a share, down from $42.1 million or 71 cents a year earlier.
April 27, 2007Rail, Intermodal Fall Again
Rail carload and intermodal freight both fell last week compared with a year ago, continuing a trend this year, the Association of American Railroads said.
April 27, 2007Old Dominion’s 1Q Profit Rises
Less-than-truckload carrier Old Dominion Freight Line said Thursday its first-quarter profit rose to $13.6 million or 36 cents a share, from $13 million or 35 cents a year earlier.
April 26, 2007Vitran’s 1Q Earnings Dip
Toronto-based transportation firm Vitran Corp. said its first-quarter profit was $3.4 million or 25 cents a share, down from $3.8 million or 28 cents a year ago.
April 26, 2007NS, KCS Report Mixed Results
Eastern freight railroad Norfolk Southern Corp.’s first-quarter profit fell, while Kansas City Southern said its net income nearly doubled.
April 26, 2007Qualcomm’s Earnings Jump
Wireless-services provider Qualcomm Inc. reported its fiscal second-quarter profit jumped 22% to $726 million or 43 cents a share, from $593 million or 34 cents a year ago.
April 26, 2007Fed Sees Some Upturns in Trucking Business
Federal Reserve districts reported some regional upturns in the trucking business, the Fed said in its latest “beige book” survey of economic conditions.
April 25, 2007