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
YRC’s 2Q Loss Narrows as Carrier Reports Operating Profit
YRC Worldwide said Tuesday its second-quarter loss narrowed as it reported positive operating income for the three-month period.
August 3, 2010Business
Factory Orders Decline in June
U.S. factory orders dropped 1.2% in June, the Commerce Department said Tuesday.
August 3, 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
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, 2010BusinessLogistics
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, 2010BusinessGovernmentLogistics
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, 2010