Heartland Express said its second-quarter profit fell 19% from a year ago, but its revenue and fleet size both rose.
July 20, 2012Search
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Daimler’s China Venture to Build Engine Plant
Daimler AG and its joint-venture partner, China’s Beiqi Foton Motor Co., said they will build a $166 million plant with the capacity to make as many as 45,000 engines a year for its trucks to serve the fast-growing Chinese market.
July 19, 2012CSX Reports Higher 2Q Income
CSX Corp.’s second-quarter earnings rose as growth in container-car shipments eased the effects of sliding coal volumes, Bloomberg reported.
July 18, 2012Port of L.A. Container Volume Up 6% in June
The Port of Los Angeles said its import container volume rose 6% in June from a year ago.
July 18, 2012Housing Starts Rise to Highest Level Since 2008
Housing starts rose 6.9% in June to the highest level in almost four years, the Commerce Department said Wednesday.
July 18, 2012Werner’s Second-Quarter Profit Rises 11%
Werner Enterprises’ second-quarter profit rose 11%, resulting from a “seasonally improving freight market,” the truckload carrier said.
July 19, 2012Cummins Completes Hilite’s SCR Emissions Acquisition
Engine maker Cummins Inc. said Wednesday it completed its acquisition of the emission control assets of Germany-based Hilite International.
July 18, 2012Trucking Shows Mixed Activity, Fed ‘Beige Book’ Says
The U.S. economy grew at a moderate pace in June as manufacturing improved slowly, while trucking and logistics activity was mixed, the Federal Reserve said Wednesday.
July 18, 2012Kansas City Southern’s 2Q Profit Improves
Kansas City Southern’s second-quarter earnings rose to $120 million, or $1.09 a share, from $71 million, or 64 cents, a year ago.
July 17, 2012Industrial Production Rises in June
Industrial production increased 0.4% in June, the Federal Reserve said Tuesday.
July 17, 2012