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Caterpillar Announces Next CEO

Heavy equipment manufacturer Caterpillar Inc. said Thursday that Douglas Oberhelman will become its chief executive officer in July 2010.

October 22, 2009

Ryder’s Third-Quarter Income Declines

Ryder System said Thursday its third-quarter profit fell to $24 million, or 43 cents a share, from $70.2 million, or $1.24, a year earlier.

October 22, 2009

Union Pacific’s 3Q Profit Drops

Union Pacific Corp.’s third-quarter profit fell 26% to $517 million, or $1.02 per share, from $703 million, or $1.38, a year ago.

October 22, 2009

Old Dominion’s Second-Quarter Profit Declines

Old Dominion Freight Line said Thursday its third-quarter profit fell 55.1% to $10.5 million, or 28 cents per share, from $23.4 million, or 63 cents, a year ago.

October 22, 2009

UPS’ Third-Quarter Income Drops 43.4%

UPS Inc. said Thursday its second-quarter profit fell 43.4% to $549 million, or 55 cents a share, from $970 million, or 96 cents, a year ago.

October 22, 2009

Universal Truckload Services’ Income Drops

Universal Truckload Services said its third-quarter net income plunged 68.6% to $1.7 million, or 11 cents per share, from $5.4 million, 34 cents, a year ago.

October 22, 2009

BNSF’s 3Q Income Falls 29.8%

Burlington Northern Santa Fe Corp. said its third-quarter profit fell 29.8% as shipping volumes dropped.

October 22, 2009

USA Truck Reports 3Q Loss

Truckload carrier USA Truck reported a third-quarter loss of $1.6 million, or 16 cents per share, compared with net income of $2.4 million, or 23 cents, a year ago.

October 22, 2009

Rush Reports Third-Quarter Loss

Truck dealership Rush Enterprises said that ist third-quarter profit was $3 million, or 8 cents a share, compared with $8 million, or 21 cents, in the same quarter last year.

October 22, 2009

CN Reports Lower 3Q Profit; Appoints New CEO

Canadian National Railway Co. said its third-quarter net income dropped to C$461 million or 97 cents per share, from C$552 million or C$1.16 per share a year earlier.

October 21, 2009