Knight Transportation said late Wednesday its second-quarter profit rose from a year ago on stronger truckload markets and improvement in its brokerage business.
July 27, 2011Search
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Economy, Transport Services Shows Mixed Activity, Fed Says
The Federal Reserve said Wednesday that the U.S. economy grew at a slower pace in more areas of the country in the six weeks through mid-July, while trucking and transportation services showed mixed activity.
July 27, 2011June Truck Tonnage Jumps 6.8%
Truck tonnage jumped 6.8% in June from a year ago, the largest year-over-year gain since an 8% surge in January, American Trucking Associations said.
July 26, 2011Chrysler Reports 2Q Profit Excluding Loan Paybacks
Chrysler Group LLC reported second-quarter net profit of $181 million, after excluding losses from paying off U.S. and Canadian government loans early, Bloomberg reported Tuesday.
July 26, 2011New ºÚÁϳԹÏÍø Sales Dip 1% in June
New home sales fell for the second straight month in June, declining 1% to 312,000, the Commerce Department said Tuesday.
July 26, 2011Consumer Confidence Unexpectedly Improves in July
Consumer confidence rose in July from an eight-month low in June, the New York-based Conference Board said Tuesday.
July 26, 2011Ford’s Second-Quarter Profit Declines
Ford Motor Co.’s second-quarter profit declined $201 million from a year ago, the company said Tuesday.
July 26, 2011Paccar’s 2Q Profit Rises on Higher Truck Sales
Truck and engine manufacturer Paccar Inc. said Tuesday its second-quarter profit rose on higher truck sales, though it trimmed its overall sales outlook for the 2011 North American trucking market.
July 26, 2011Purchases of Classes 4-7 Vehicles Rise 23.8% in June
U.S. retail sales of Classes 4-7 trucks totaled 12,819 units in June, 23.8% more than the 10,356 units sold in June 2010, WardsAuto.com reported.
July 26, 2011Cummins’ Second-Quarter Profit Doubles
Engine maker Cummins Inc. said Tuesday its second-quarter profit doubled to a record on higher sales, and it boosted its earnings outlook for the full year.
July 26, 2011