Cummins’ 1Q Profit Jumps
Diesel engine maker Cummins Inc.’s first-quarter profit jumped 33% to $190 million, or 97 cents a share, from $143 million, or 71 cents, a year ago.
April 30, 2008Trucking Could Gain Hazmat Business Under New DOT Rail Shipment Rules
Railroads are facing new federal regulations for shipments of highly hazardous materials, such as chlorine, that could drive more business to trucks.
April 30, 2008Chicago Manufacturing Index Shows Small Gain
Manufacturing activity in the Chicago region improved this month, but continued to show contraction, the National Association of Purchasing Management said Wednesday.
April 30, 2008TransForce Reports Dip in 1Q Income
Canadian transportation firm TransForce Income Fund said Wednesday its first-quarter net income was C$19.1 million, or 22 cents per unit, compared with C$20.9 million, or 24 cents, a year ago.
April 30, 2008First-Quarter GDP Shows 0.6% Gain
The U.S. economy grew at a 0.6 % annual rate in the first quarter, the Commerce Department said Wednesday.
April 30, 2008Study Calls for More Infrastructure Spending
The United States needs to spend $170 billion more each year on transportation infrastructure to avoid a crisis in the next decade, according to a new study, Bloomberg reported.
April 30, 2008FAST Card Applications Now Being Taken Online
The U.S. Customs and Border Patrol agency has implemented an online application for Free and Secure Trade, or FAST, cards through its Global Online Enrollment System, or GOES.
April 30, 2008P.A.M. Takes $2.8 Million Loss in 1Q
Truckload carrier P.A.M. Transportation Services said it lost $2.8 million, or 29 cents a share, in the first quarter, compared with net income of $1.3 million, or 12 cents, a year earlier.
April 29, 2008DOT Offers Chicago $153 Million to Reduce Congestion
Chicago will receive more than $153 million in federal funds under a new congestion initiative, the U.S. Department of Transportation said.
April 29, 2008Diesel Gains 3.4¢ to Record $4.177
The national average price of diesel fuel rose to a new record high, gaining 3.4 cents to $4.177 a gallon, the Department of Energy said Monday.
April 29, 2008