Truckers Concerned on New Engines’ Mileage, Journal Reports
Trucking companies are concerned that new emissions rules in effect this year are hurting mileage and their bottom lines, the Wall Street Journal reported Tuesday.
April 24, 2007Paccar’s Profit Is 1Q Record
Heavy-duty truck maker Paccar said Tuesday its net income rose to a first-quarter record $365.5 million or $1.46 a share, from $342 million or $1.35 a year ago.
April 24, 2007TransForce’s Income Dips
Canadian transportation firm TransForce Income Fund said Tuesday it earned C$20.9 million or 24 cents a share in the first quarter, down from C$22.1 million or 27 cents a year earlier.
April 24, 2007Covenant Takes 1Q Loss
Covenant Transport reported a $2.1 million or 15 cents per-share first-quarter loss, compared with a loss of $884,000 or 6 cents a year earlier.
April 24, 2007CN, BNSF Report Lower Profit
Railroads Canadian National and Burlington Northern Santa Fe Corp. reported their first-quarter profits declined, even as revenue rose.
April 24, 2007Forward Air’s Profit Dips
Forward Air Corp., a contractor to the air cargo industry, said its first-quarter profit slipped by 6% to $10.3 million or 34 cents a share, from $11 million or 35 cents a year ago.
April 24, 2007Marten’s 1Q Income Declines
Refrigerated truckload carrier Marten Transport said its first-quarter income fell 9.1% to $4.60 million or 21 cents a share, from $5.1 million or 23 cents a year earlier.
April 24, 2007Home Sales, Consumer Confidence Decline
Existing home sales fell to a four-year low and consumer confidence declined to an eight-month low, two groups reported Tuesday.
April 24, 2007Jaxport Sets Cargo Record
The Jacksonville Port Authority said it recorded its busiest cargo-handling year in 2006 — its sixth consecutive year of cargo growth — with a 3% increase over 2005.
April 23, 2007