Hub Group’s Earnings Rise
Third-party logistics company and freight broker Hub Group said late Thursday its first-quarter profit rose 25% to $11.4 million or 29 cents a share, from $9.1 million or 22 cents a share a year ago.
April 20, 2007Swift’s First-Quarter Earnings Tumble
Swift Transportation Co.’s first-quarter profit fell 74% because of a pending buyout, bad weather, higher fuel costs and lower demand.
April 19, 2007Heartland’s 1Q Income Rises
Truckload carrier Heartland Express said Thursday its first-quarter profit rose 14% to $22.6 million or 23 cents a share, from $19.7 million or 20 cents a year ago.
April 19, 2007Philadelphia Factory Index Unchanged
Manufacturing levels in the Philadelphia were flat in April from last month, the Federal Reserve Bank of Philadelphia said.
April 19, 2007Landstar’s Quarterly Income Declines
Truckload carrier Landstar System said Thursday its first-quarter net income fell to $21.6 million or 38 cents a share, from $24.4 million or 41 cents a year ago.
April 19, 2007Knight’s 1Q Income, Revenue Gain
Truckload carrier Knight Transportation said its first-quarter profit rose 5% to $16.6 million or 19 cents a share, from $15.8 million or 18 cents a year ago.
April 19, 2007USA Truck Reports Lower Earnings
Truckload carrier USA Truck said Thursday its first-quarter profit plunged to $800,000 or 1 cent per share, from $3.4 million or 30 cents a year earlier, on softer freight demand.
April 19, 2007Intermodal Volume Declines for Week
Rail carload freight rose modestly but intermodal traffic continued a downward trend last week, falling 3.6% compared with a year ago, the Association of American Railroads said Thursday.
April 19, 2007Union Pacific’s 1Q Profit Rises
Union Pacific Corp., the nation’s largest freight railroad, said Thursday its first-quarter profit rose 24% to $386 million or $1.41 per share, from $311 million or $1.15 last year.
April 19, 2007March Economic Indicators Rise
An index of leading economic indicators inched up 0.1% last month, the New York-based Conference Board said Thursday.
April 19, 2007