Diesel fuel rose 0.9 cent to $2.928 a gallon, the second straight gain but just the third increase in the past 12 weeks, the Department of Energy said Monday.
August 2, 2010Business
ArvinMeritor’s 3Q Loss Declines; Will Sell Body Business
Truck and auto components maker ArvinMeritor’s fiscal third-quarter loss narrowed as its sales improved, and the company said it would sell its body systems business for $35 million.
August 3, 2010Business
Personal Spending Unchanged in June
Consumers’ personal spending did not change in June, the Commerce Department said Tuesday.
August 3, 2010Business
FleetPride Buys Texas Aftermarket Distributor Heavy Vehicle Parts
FleetPride Inc., an aftermarket distributor of heavy-duty truck and trailer parts, has acquired the assets of aftermarket distributor Heavy Vehicle Parts Inc. Terms were not disclosed.
August 3, 2010Business, Fuel
Diesel Rises 0.9¢ to $2.928 in Second Straight Gain
Business
Celadon Group’s 4Q Profit Jumps
Celadon Group said Monday its fiscal fourth-quarter profit jumped to more than $2.7 million from less than $200,000 a year ago, boosted by an improving freight environment.
August 2, 2010Business
Old Dominion Sets 3-for-2 Stock Split
Old Dominion Freight Line said Monday its board approved a three-for-two stock split for shareholders as of Aug. 9, effective Aug. 23.
August 2, 2010Business, Logistics
Expeditors’ Second-Quarter Profit Improves
Logistics firm Expeditors International of Washington said Monday its second-quarter profit rose 67% to $90.3 million, or 42 cents a share, from $54.1 million, or 25 cents, a year ago.
August 2, 2010Business, Government, Logistics
Bill Would Allow Local Oversight of Emissions Regulations at Ports
A New York Congressman introduced a bill that would allow the Port of Los Angeles to implement its employee-only clean trucks plan supported by the Teamsters union.
August 2, 2010Business
Oshkosh Posts $211 Million 3Q Profit
Oshkosh Corp. said Monday its fiscal third-quarter profit jumped on higher military orders, turning around a loss from a year ago.
August 2, 2010Business, Equipment
ISM Manufacturing Index Expands at Slower Pace
U.S. manufacturing activity rose in July at the slowest pace this year, the Institute for Supply Management said Monday.
August 2, 2010