Vitran’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, 2007UPS Reports Lower 1Q Profit
UPS Inc. said Wednesday that its first-quarter net income fell to $843 million or 78 cents a share, from $975 million or 89 cents a year ago.
April 25, 2007Safety & Security Briefs — April 19 - April 25
Ryder’s First-Quarter Profit Rises
Ryder System said Wednesday its first-quarter profit rose 8% to $51.3 million or 84 cents a share, from $47.6 million or 77 cents a year ago.
April 25, 2007ABF’s 1Q Profit Declines
Arkansas Best Corp. said Wednesday its first-quarter net income fell to $4.8 million or 19 cents a share, from $6.1 million or 24 cents a year ago.
April 25, 2007New Home Sales Rise 2.6%
New home sales rose for the first time in six months in March, gaining 2.6%, the Commerce Department said Wednesday.
April 25, 2007