Oil prices rose to their highest level in almost two weeks near $65 a barrel, pushed higher by strong equity markets and signs that energy demand in China is rebounding, Bloomberg reported Monday.
July 20, 2009Search
Showing 10 of 18356 results
= Premium Content
Knightâs 2Q Income Flat from a Year Ago
Truckload carrier Knight Transportationâs second-quarter profit was about even with a year ago at $12.6 million, or 15 cents a share, compared with last yearâs $12.7 million, or 15 cents.
July 22, 2009
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
DHL Signs Telecom Agreement with AT&T
Deutsche Post DHL has signed a five-year telecommunications agreement with AT&T, in which AT&T will provide telecommunications to Deutsche Post DHL units throughout the United States.
July 22, 2009Volvo Reports Loss; Sees âDifficultâ 3Q
Volvo AB said Tuesday it lost $725 million, or 36 cents a share, more than analystsâ estimates, and said it was facing a âdifficultâ third quarter in light of lower truck sales, Bloomberg reported.
July 21, 2009C.H. Robinsonâs 2Q Profit Improves
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a second-quarter profit of $92 million, or 54 cents a share, up slightly from $90 million, or 52 cents a share, a year ago.
July 21, 2009Leading Indicators Rise for Third Month
An index of leading economic indicators rose 0.7% in June, the third consecutive increase, the New York-based Conference Board said Monday.
July 20, 2009I-75 Near Detroit Expected to Reopen Monday
A two-mile stretch of Interstate 75 damaged by a fiery explosion last week is expected to reopen Monday, the Detroit Free Press reported.
July 20, 2009Forward Airâs 2Q Profit Falls
Forward Air Corp.âs second-quarter net income fell to $2.8 million, or 10 cents per share, compared with a profit of $12.1 million, or 42 cents, a year ago.
July 21, 2009Navistar Finishes Field Tests On 2010 Engines After 18 Mos.
Navistar Inc. said it has completed 18 months of laboratory and field tests of its âadvancedâ version of exhaust gas recirculation engine technology that will be used to meet 2010 federal emission requirements.
July 20, 200910% Cut in Truck Traffic Called âAlmost Ludicrousâ
The idea of removing 10% of truck traffic from the nationâs highways by 2020 to reduce carbon emissions is âalmost ludicrous,â Ray Kuntz, former chairman of American Trucking Associations, told a Senate committee last week.
July 20, 2009