Daimler AG said its third-quarter worldwide truck sales jumped 44% from a year ago and that its truck unit would post a profit before interest and taxes of more than $1.5 billion for the full year.
October 28, 2010Business
Opinion: Moving Forward Despite Industry Challenges
In 1933, my grandfather, James Russell Hahn, founded Hahn Transportation on the understanding that trucking was essential, especially to Maryland farmers who needed to move the crops from the fields to the canneries, the milk to the creameries, and coal or oil to the homes, schools and hospitals for heat.
October 29, 2010Business, Government, Logistics
Judge’s Temporary Ruling Backs ATA in L.A. Port Case
A federal judge has temporarily blocked a ban on owner-operators at the Port of Los Angeles, granting an injunction sought by American Trucking Associations.
October 28, 2010Business
Saia’s Third-Quarter Earnings Decline
Saia Inc. said Thursday its third-quarter earnings fell from a year ago, citing impacts of a softer economy.
October 28, 2010Business
Mullen Group Profit Declines in 3Q
Canadian transportation firm Mullen Group Thursday posted a third-quarter profit of C$28.4 million or 36 cents per share, compared with C$30.9 million, or 39 cents, a year ago.
October 28, 2010Business
Jobless Claims Decline for Week
Initial jobless claims fell by 21,000 last week to the lowest level since early July, the Labor Department said Thursday.
October 28, 2010Business
Oshkosh Sees 4Q Income Fall
Oshkosh Corp. said Thursday its fiscal fourth-quarter profit fell, due in part to discontinued operations.
October 28, 2010Business
MAN’s Third-Quarter Income Improves
German truck maker MAN SE’s third-quarter net income jumped to about $250 million, from $6 million a year ago, the company said Thursday.
October 28, 2010Business
P.A.M. Reports Third-Quarter Loss
P.A.M. Transportation Services reported a third-quarter loss Wednesday, citing a softer freight market and increased costs.
October 27, 2010Business
Old Dominion’s 3Q Income More Than Doubles
Old Dominion Freight Line said Wednesday its third-quarter income more than doubled on stronger less-than-truckload pricing.
October 27, 2010