Intermodal freight volume fell 1.6% in the fourth quarter of 2007 compared with the previous fourth quarter, the Intermodal Association of North America said.
February 7, 2008Business
Vitran’s Fourth-Quarter Income Declines
Vitran Corp. said Friday its fourth-quarter profit was $1.7 million, or 12 cents a share, down from $5 million, or 37 cents, a year earlier.
February 8, 2008BusinessSafetyGovernment
P.A.M. Reports Fourth-Quarter Loss
Truckload carrier P.A.M. Transportation Services said it lost $840,000, or 8 cents a share, in the fourth quarter, compared with net income of $4.3 million, or 41 cents, a year earlier.
February 8, 2008BusinessSafetyGovernment
Navteq’s Profit Jumps for Quarter, Year
Navteq Corp., a maker of maps used in transportation navigation, said its fourth-quarter profit rose to $61.9 million, or 61 cents per share, from $42.9 million, or 45 cents, a year earlier.
February 7, 2008GovernmentBusiness
Wright Express’s 4Q Earnings Dip
Wright Express Corp. said it earned $4.6 million, or 11 cents a share, in the fourth quarter, down from $19 million, or 46 cents, the previous year.
February 7, 2008GovernmentBusinessSafetyLogistics
Hub Group’s Fourth-Quarter Earnings Improve
Third-party logistics company and freight broker Hub Group’s fourth-quarter profit rose 33% to a record $18 million, or 47 cents per share, up from $13.5 million, or 34 cents, a year earlier.
February 7, 2008Business
Jobless Claims Decline by 22,000
Initial jobless claims fell by 22,000 for the week ended Saturday, the Labor Department said Thursday.
February 7, 2008BusinessSafetyGovernment
Xata’s Fiscal First-Quarter Loss Widens
Transportation software firm Xata Corp. said Thursday it lost $1 million, or 14 cents a share, in its fiscal first quarter, compared with a loss of $554,000, or 9 cents, a year ago.
February 7, 2008Business
Commercial Vehicle Group Reports 4Q Loss
Commercial Vehicle Group reported it lost $3.3 million, or 15 cents a share, for the fourth quarter, compared with a profit of $11.1 million, or 51 cents, a year ago.
February 7, 2008GovernmentBusiness
Snowstorm Strands Midwest Traffic
A big snowstorm that dumped more than a foot of snow in the Midwest left hundreds of motorists caught in traffic jams and delayed about 1,000 flights at Chicago’s O’Hare International Airport, news services reported.
February 7, 2008