Tire maker Michelin & Cie. said its first-quarter sales rose 5.5% on higher prices and demand from truck makers, Bloomberg reported.
April 24, 2007Government, Business, Safety, Logistics
C.H. Robinson’s Profit Improves
Transportation and logistics firm C.H. Robinson Worldwide said its first-quarter net income jumped 25.6% to $73 million or 42 cents a share, up from $58.1 million or 33 cents a year ago.
April 24, 2007Business, Government, Equipment, Autonomous
Michelin’s 1Q Sales Gain
Fuel, Business, Logistics, Government
Diesel Drops 2.6¢ to $2.851
The national average price of retail diesel fuel fell for the first time in a month, dropping 2.6 cents to $2.851 a gallon, the Energy Department said Monday.
April 24, 2007Business, Government, Safety, Fuel, Autonomous
Truckers Concerned on New Engines’ Mileage, Journal Reports
Trucking companies are concerned that new emissions rules in effect this year are hurting mileage and their bottom lines, the Wall Street Journal reported Tuesday.
April 24, 2007Business, Autonomous
Paccar’s Profit Is 1Q Record
Heavy-duty truck maker Paccar said Tuesday its net income rose to a first-quarter record $365.5 million or $1.46 a share, from $342 million or $1.35 a year ago.
April 24, 2007Business, Safety, Government, Logistics
TransForce’s Income Dips
Canadian transportation firm TransForce Income Fund said Tuesday it earned C$20.9 million or 24 cents a share in the first quarter, down from C$22.1 million or 27 cents a year earlier.
April 24, 2007Business
Covenant Takes 1Q Loss
Covenant Transport reported a $2.1 million or 15 cents per-share first-quarter loss, compared with a loss of $884,000 or 6 cents a year earlier.
April 24, 2007Business, Logistics
CN, BNSF Report Lower Profit
Railroads Canadian National and Burlington Northern Santa Fe Corp. reported their first-quarter profits declined, even as revenue rose.
April 24, 2007Government, Business, Safety, Fuel
Forward Air’s Profit Dips
Forward Air Corp., a contractor to the air cargo industry, said its first-quarter profit slipped by 6% to $10.3 million or 34 cents a share, from $11 million or 35 cents a year ago.
April 24, 2007Business
Marten’s 1Q Income Declines
Refrigerated truckload carrier Marten Transport said its first-quarter income fell 9.1% to $4.60 million or 21 cents a share, from $5.1 million or 23 cents a year earlier.
April 24, 2007