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Caterpillar's Fourth-Quarter Income, Sales Surge
Click here to write a Letter to the Editor. ngine and heavy-equipment manufacturer Caterpillar Inc. said Thursday its fourth-quarter profit surged 54% to $846 million or $1.20 a share, from $551 million or 77 cents a year earlier.
January 26, 2006EGL Says Its CFO Will Step Down in Februbary
Click here to write a Letter to the Editor. ransportation and logistics firm EGL Inc. said late Wednesday that Chief Financial Officer Elijio Serrano has resigned, effective Feb. 10, to join an oilfield services company in the Houston area.
January 26, 2006Durables Goods Orders Rise in December
Click here to write a Letter to the Editor. .S. orders for durable goods rose 1.3% in December, the Commerce Department said Thursday.
January 26, 2006Jobless Claims Rise for Week
Click here to write a Letter to the Editor. he number of workers filing initial unemployment claims climbed 11,000 last week to 283,000, the Labor Department said Thursday.
January 26, 2006YRC Worldwide Reports Record Earnings, Revenue for 2005
Click here to write a Letter to the Editor. RC Worldwide said late Thursday it earned $79.8 million or $1.34 a share for the fourth quarter of 2005, compared with $63.3 million or $1.24 a year earlier.
January 26, 2006Volvo Recalls 42,000 Trucks on EGR Concerns
Click here to write a Letter to the Editor. olvo Trucks North America said Thursday that it will initiate a voluntary safety recall on about 42,000 trucks because of potential flaws in an emissions-reduction system in the trucks’ engines.
January 26, 2006YRC Chairman and CEO Zollars Signs Five-Year Extension
Click here to write a Letter to the Editor. RC Worldwide, formerly Yellow Roadway Corp., said Thursday that Chairman and Chief Executive Officer Bill Zollars agreed to a new five-year contract with the company.
January 26, 2006Norfolk Southern Reports Record Income for 4Q, Year
Click here to write a Letter to the Editor. orfolk Southern Corp., which operates an eastern freight railroad, Wednesday reported it earned a record $362 million or 87 cents a share for the fourth quarter, compared with $264 million or 65 cents in 2004's fourth quarter.
January 25, 2006Performance Transportation Services Files Chapter 11
Click here to write a Letter to the Editor. utomobile transporter Performance Transportation Services said Wednesday it filed for Chapter 11 bankruptcy “in order to re-align its capital structure [and] resolve its operational issues.â€
January 25, 2006SCS Reports Record Earnings Per Share for 2005
Click here to write a Letter to the Editor. CS Transportation late Tuesday reported record earnings per share for 2005 and said it earned $10.7 million or 73 cents in the fourth quarter, up from $4.6 million or 30 cents a year earlier.
January 25, 2006