Volvo AB’s third-quarter earnings declined as slower truck sales outside of North America offset gains in that region, the company said Wednesday.
October 24, 2012Search
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Rush’s 3Q Income Slips; Will Buy Ohio Navistar Dealerships
Truck dealership Rush Enterprises’ third-quarter net income slipped from a year ago and the company said it plans to buy several Navistar truck dealerships in Ohio.
October 24, 2012Norfolk Southern’s 3Q Profit Drops
Norfolk Southern Corp. said its third-quarter profit dropped 27%, and income from railway operations fell 22% to $731 million.
October 24, 2012TransForce Reports Higher 3Q Profit
Canadian transportation firm TransForce Inc. said its third-quarter net income almost tripled, boosted by acquisitions.
October 24, 2012Daimler’s 3Q Truck Profit Slips; Sales Rise
Daimler AG said Wednesday its truck unit’s third-quarter earnings slipped, but revenue rose on higher sales in North America and Asia.
October 24, 2012Obama Signs Military CDL Act Into Law
President Obama signed the Military Commercial Driver’s License Act of 2012 into law, which allows states to more easily issue commercial driver licenses to members of the armed forces.
October 23, 2012Hub Group’s 3Q Profit Rises
Hub Group Inc.’s third-quarter profit rose 14% as its intermodal, logistics and truck brokerage operations improved.
October 23, 2012Swift’s 3Q Net Income Falls
Swift Transportation’s third-quarter net income fell 10% to $27.9 million, or 20 cents per share, from $31.0 million, or 22 cents per share, in the third quarter as freight volume weakened and fuel costs rose.
October 23, 2012UPS Reports Lower 3Q Profit
UPS Inc. said Tuesday its third-quarter profit fell 56% on pension-restructuring charges.
October 23, 2012Customs Delays Controversial Residue Rule
For the second time in the past several months, U.S. Customs and Border Protection officials have delayed implementation of a controversial plan requiring motor carriers and exporters to report even small amounts of cargo residue when returning from deliveries in Canada and Mexico.
October 23, 2012