Old Dominion Freight Line said its first-quarter profit fell to $10.4 million, or 28 cents a share, from $13.6 million, or 36 cents, a year ago.
April 22, 2008Business, Fuel, Government, Logistics
Norfolk Southern’s 1Q Income Rises
Eastern freight railroad Norfolk Southern Corp. said its first-quarter profit rose 2%, as higher revenue per shipment offset an overall drop in traffic and record fuel prices.
April 22, 2008Business, Safety, Government, Logistics
C.H. Robinson’s First-Quarter Income Improves
Transportation and logistics firm C.H. Robinson Worldwide’s first-quarter profit rose to $86.3 million, or 50 cents a share, from $73 million, or 42 cents, a year ago.
April 22, 2008Business
Heartland’s 1Q Income Declines
Heartland Express said Tuesday its first-quarter profit fell 35% to $14.7 million, or 15 cents a share, from $22.6 million, or 23 cents, last year.
April 22, 2008Business
YRC Interest Payments May Rise to $8 Million
YRC Worldwide Inc., the biggest U.S. trucking company by sales, said annual interest spending will rise by as much as $8 million under amendments to two credit agreements, Bloomberg reported Tuesday.
April 22, 2008Fuel, Business, Safety, Government
DOT Proposes Boosting Fuel Efficiency for Cars, Light Trucks
The Department of Transportation proposed Tuesday to boost fuel-efficiency standards for cars and light trucks by almost 25% by the year 2015.
April 22, 2008Fuel, Business
DOT Proposes Boosting Fuel Efficiency for Cars, Light Trucks
April 22, 2008
Business, Equipment
Goodyear Joins EPA SmartWay Partnership
Goodyear Tire & Rubber Co. said Tuesday that it has joined the U.S. Environmental Protection Agency’s SmartWay Transport Partnership.
April 22, 2008Business
Paccar’s 1Q Income Declines
Heavy-duty truck maker Paccar Inc. said Tuesday its first-quarter profit fell to $292.3 million, or 79 cents a share, from $365.6 million, or 97 cents, a year earlier.
April 22, 2008Business, Fuel, Government
Texas Gets 1,450 Requests for Funding to Update Trucks in $110 Million Program
The state of Texas said it received about 1,450 requests for grants as part of its $110 million emission-reduction plan to help carriers retrofit and replace older trucks to help clean the state’s air.
April 22, 2008