DIESEL --- ¢
BNSF’s Second-Quarter Income Declines as Intermodal Drops
Western freight rail line Burlington Northern Santa Fe Corp. earned $433 million or $1.20 a share for the second quarter, down from $471 million or $1.27 a year ago.
July 24, 2007UPS’ 2Q Profit Tops $1 Billion
UPS Inc. said Tuesday its second-quarter net income rose 4.1% to $1.1 billion or $1.04 per share, from $1.06 billion or 97 cents a year ago.
July 24, 2007Paccar’s 2Q Income Dips on Lower Sales
Heavy-duty truck maker Paccar Inc. said Tuesday its second-quarter profit fell 19% as North American heavy-duty truck demand declined due to new U.S. clean air regulations.
July 24, 2007CN’s Second-Quarter Income Declines
Canadian National Railway Co. said its second-quarter profit declined 29% as a result of flat revenue and an income tax recovery charge.
July 24, 2007Saia Swings to Second-Quarter Profit
Saia Inc. said Tuesday its second-quarter net income rose to a profit following a loss a year ago.
July 24, 2007Forward Air’s Income Dips; Plans to Buy Indiana Carrier
Forward Air Corp., a contractor to the air cargo industry, reported its second-quarter profit declined, and the company said it would acquire an Indiana carrier.
July 24, 2007Marten’s Second-Quarter Earnings Drop
Refrigerated truckload carrier Marten Transport’s second-quarter net income plunged 42% due to lower freight rates and reduced revenue per truckload.
July 24, 2007Diesel Holds at $2.889; Gas Drops 9.1¢ to $2.958
Diesel fuel’s national average pump price held at last week’s level of $2.889 a gallon, while gasoline plunged 9.1 cents to $2.958, the Department of Energy said Monday.
July 24, 2007FedEx LTL Units Cut Fuel Surcharges
FedEx Corp.’s less-than-truckload FedEx Freight unit said Monday it will reduce its standard LTL fuel surcharge by 25%, effective immediately.
July 23, 2007