Truck maker Volvo AB posted its biggest profit decline in 18 months after stricter emissions rules caused U.S. truck sales to plunge 54%, Bloomberg reported Wednesday.
July 25, 2007BusinessGovernment
New ºÚÁϳԹÏÍø Sales Plunge 6.6%
New home sales plunged 6.6% in June, the Commerce Department said Thursday.
July 26, 2007Business
Qualcomm’s Earnings Improve
Wireless-services provider Qualcomm Inc. said its fiscal third-quarter profit jumped 24% from a year ago, to $798 million or 47 cents a share, from $643 million or 37 cents last year.
July 26, 2007BusinessGovernment
Durable Goods Orders Rise 0.5%
Durable goods orders fell 0.5% in June, the Commerce Department said Thursday.
July 26, 2007BusinessGovernmentEquipment
ArvinMeritor to Close Ontario Plant
Heavy-duty components maker ArvinMeritor said Wednesday it would close a truck parts assembly plant in Ontario, Canada, in November.
July 26, 2007GovernmentBusinessSafetyTechnologyEquipment
Hill Says FMCSA to Begin Pilot Program of Compliance Review System Next Year
WASHINGTON — John Hill, head of the Federal Motor Carrier Safety Administration, said the agency expects to launch a pilot program of its overhauled compliance review and safety rating process during 2008.
July 25, 2007BusinessSafety
Opinion: How to Prevent Cargo Theft
July 25, 2007
BusinessGovernment
Fed ‘Beige Book’ Gives Trucking Mixed Report
The Federal Reserve gave a generally positive assessment of the U.S. economy, with mixed reports on the health of the trucking industry.
July 25, 2007BusinessTechnologyEquipmentSafety
Ryder’s 2Q Profit Dips 7%
Ryder System said Wednesday its second-quarter profit dipped 7% to $65.3 million or $1.07 a share, from $70.3 million or $1.13 a year ago.
July 25, 2007