YRC Worldwide said late Thursday its second-quarter net earnings were $36.3 million, or 62 cents a share, down from a profit of $55.4 million, or 95 cents, a year ago.
July 24, 2008Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Durable Orders Rise in June
Durable goods orders rose in June, the Commerce Department said Friday.
July 25, 2008Scania’s Net Income Soars on Robust Russian Sales
Swedish truck maker Scania AB’s second-quarter net income jumped 51% to about $505 million, or 63 cents a share, from last year's $333 million, or 42 cents, as truck sales in Russia boomed, Bloomberg reported Friday.
July 25, 2008YRC Reports Lower 2Q Profit
BNSF Reports Lower 2Q Income; Sets 25% Dividend Boost
Burlington Northern Santa Fe Corp. said Thursday its second-quarter profit fell to $350 million, or $1 a share, from $433 million, or $1.20, a year earlier.
July 24, 2008House Passes Bill to Boost Bridge Inspections
WASHINGTON — The House Thursday approved a bill that would require states to update their highway bridge inspection standards and perform annual inspections of structurally deficient bridges.
July 24, 2008Old Dominion’s 2Q Earnings Improve
Old Dominion Freight Line said its second-quarter profit rose to $23.9 million, or 64 cents a share, from $22.5 million, or 60 cents, a year ago.
July 24, 2008Rush Enterprises’ 2Q Earnings Fall
Truck dealership Rush Enterprises’ first-quarter net income fell to $6.1 million, or 16 cents a share, down from $13 million, or 34 cents, a year ago.
July 24, 2008Con-way’s Second-Quarter Income Gains
Con-way Inc. said its second-quarter net income increased to $48.7 million, or $1.02 per share, from $46.4 million, or 96 cents, a year earlier.
July 24, 2008Existing ºÚÁϳԹÏÍø Sales Fall 2.6% in June
Existing homes sales fell in June to the lowest level in a decade, the National Association of Realtors said Thursday.
July 24, 2008Hub Group Reports Higher 2Q Earnings
Third-party logistics company and freight broker Hub Group’s second-quarter net income rose to $15 million, or 40 cents a share, from $13.8 million, or 35 cents, a year ago.
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