Truck components maker Meritor Inc. reaffirmed its earnings guidance for fiscal year 2012, and said its next quarter would improve incrementally from its most recent.
March 21, 2012Search
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Trailer Bridge Emerges From Bankruptcy
Trailer Bridge Inc., which provides ocean shipping between Florida, Puerto Rico and the Dominican Republic, has emerged from Chapter 11 with Seacor Holdings as its new majority owner.
March 23, 2012Giant Container Ship Docks at Port of Long Beach
The largest container ship ever to dock in North America arrived at the Port of Long Beach on Friday, the port said.
March 21, 2012P.A.M. Declares Special Dividend
P.A.M. Transportation Services said its board of directors has approved a special dividend of $1 per share.
March 21, 2012XPO Logistics Nets $137 Million from Stock Offering
XPO Logistics announced the closing of its public stock offering late Tuesday and said it received about $137 million in proceeds.
March 21, 2012Oil Rises Following Biggest Drop in Three Months
Oil rose in early trading Wednesday to just over $106 a barrel following the biggest drop in three months on Tuesday, Bloomberg reported.
March 21, 2012Kenworth, Peterbilt Unveil New Sleepers, Day Cabs
LOUISVILLE, Ky. — Kenworth Truck Co. and Peterbilt Motors Co. showed off their new heavy-duty trucks here on Wednesday, which they described as premium but competitive tractors.
March 21, 2012Cummins Kicks Off Natural Gas Theme at MATS With New Engine
LOUISVILLE, Ky. — Engine maker Cummins Inc. told reporters here that the company is moving forward with spark-ignition natural gas engines with a heavy-duty 12-liter engine now, and a 15-liter model in two or three years.
March 22, 2012NAFTA Surface Trade Rose 14.3% Last Year
Surface transportation trade among the United States, Canada and Mexico rose 14.3% last year from 2010, the Department of Transportation said Wednesday.
March 21, 2012Housing Starts Fall 1.1% in February
Housing starts declined 1.1% in February from a three-year high a month earlier, the Commerce Department said Tuesday.
March 20, 2012