Landstar’s 2Q Profit Rises
Truckload carrier Landstar System said Thursday its second-quarter net income rose to $29.7 million or 53 cents a share, from $29.5 million or 50 cents a year ago.
July 19, 2007Con-way’s 2Q Income Falls
Con-way Inc.’s second-quarter net income fell to $46.4 million or 96 cents a share, from $68.9 million or $1.30 a year ago.
July 19, 2007Knight’s Second-Quarter Earnings Improve
Truckload carrier Knight Transportation’s second-quarter profit rose to $18.2 million or 21 cents a share, from $18.1 million or 21 cents a year ago.
July 19, 2007Jobless Claims Decline for Week
Initial jobless claims fell by 8,000 last week to 301,000, the Labor Department said Thursday.
July 19, 2007Rush’s 2Q Profit Dips
Truck dealership Rush Enterprises’ second-quarter earnings dipped to $13 million or 51 cents a share, from $14.9 million or 59 cents a year earlier.
July 19, 2007N.Y.C. Congestion-Fee Plan May Be Revived
Just three days after it was apparently killed, New York lawmakers were on the brink of reaching a deal to pass a measure that would impose “congestion fees” on cars and trucks operating in downtown New York City, the New York Daily News reported Thursday.
July 19, 2007Editorial: Truck-Only Lanes
Click here to write a Letter to the Editor. The nation’s top truck safety official has come down squarely as a supporter of truck-only lanes, while the head of the Federal Highway Administration says they might be a good answer to easing road congestion.
July 18, 2007UPS, Teamsters Suspend Talks
UPS Inc. and the Teamsters union said they have temporarily suspended contract talks, citing differences on pensions and benefits.
July 18, 2007Interpool Shareholders Approve Buyout
Interpool Inc. said Wednesday that its stockholders voted to approve the company’s previously announced acquisition by private-equity firm Chariot Acquisition Holding LLC.
July 18, 2007Pennsylvania Gov. Rendell Signs Transportation Measure
Pennsylvania Gov. Ed. Rendell (D) signed a bill into law Wednesday to put nearly $1 billion on average in annual funding for the state’s roads, bridges and public transit systems.
July 18, 2007