Werner Enterprises’ fourth-quarter net income rose to $29.4 million, or 40 cents per share, from $24.1 million, or 33 cents, a year ago.
January 27, 2012Business
Arkansas Best Swings to 4Q Profit
Arkansas Best Corp. said its fourth-quarter net income improved on stronger less-than-trucking unit performance.
January 27, 2012Business
J.B. Hunt’s 4Q Income Rises 25%
J.B. Hunt Transport Services’ fourth-quarter profit rose 25% on higher freight income from its trucking and intermodal businesses.
January 27, 2012BusinessGovernmentLogistics
Consumer Confidence Rises Again
Consumer confidence rose in January to the highest level in almost a year, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
January 27, 2012BusinessFuel
Obama Touts Natural Gas Use for Trucking
President Obama touted greater use of natural gas during a visit to a UPS Inc. facility in Las Vegas on Thursday, the Los Angeles Times reported.
January 27, 2012BusinessLogistics
Weekly Intermodal Traffic Rises 3%
U.S. intermodal traffic rose 3% for the week ended Saturday from a year ago, the Association of American Railroads reported.
January 27, 2012Business
Eaton Posts Record 4Q Earnings
Eaton Corp. said Thursday its fourth-quarter profit rose to a record and was 29% over the same quarter a year earlier.
January 26, 2012Business
Caterpillar Reports Record Profit
Heavy equipment maker Caterpillar Inc. reported record 2011 sales, said its profit almost doubled and boosted its sales and earnings outlook for 2012.
January 26, 2012BusinessLogistics
UPS to Lay Off 400 at Logistics Center
UPS has told more than 400 workers at a northern Kentucky logistics facility that they will be laid off in March, the Associated Press reported.
January 26, 2012Business
Durable Orders Rise 3% in December
Durable goods orders climbed 3% in December as demand for automobiles, aircraft and business equipment rose, the Commerce Department said Thursday.
January 26, 2012