Transportation and third-party logistics firm Pacer International said it lost $7.3 million, or 21 cents per share, compared with a profit of $13.4 million, or 39 cents, a year earlier.
August 6, 2009Search
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ISM Services Index Slips in July
The U.S. economy’s service sector showed a downturn in activity last month, the Institute for Supply Management said Wednesday.
August 5, 2009Evergreen Files for Chapter 11 Bankruptcy
Evergreen Transportation has filed for Chapter 11 bankruptcy protection, the truckload carrier said in a statement on its Web site.
August 5, 2009Xata Loss Narrows in Third Quarter
Transportation software firm Xata Corp. said Wednesday it lost $62,000, or 1 cent per share, in its fiscal third quarter, compared with a loss of $712,000, or 8 cents, a year ago.
August 5, 2009Caterpillar Sees Higher Profit by 2012; Sets Asian Partnerships
Heavy equipment and diesel engine maker Caterpillar Inc. said its profit may increase by 2012 if the economy recovers, Bloomberg reported.
August 5, 2009Commercial Vehicle Group Reports 2Q Loss
Parts maker Commercial Vehicle Group reported it lost $22.5 million, or $1.04 per share, in the second quarter, compared with earning $3.1 million, or 14 cents, a year ago.
August 5, 2009Quality Reports $186 Million 2Q Loss
Tank truck carrier Quality Distribution reported a second-quarter loss of $186.2 million, or $9.58 per share, compared to income of $400,000, or 2 cents, a year ago.
August 5, 2009Obama Sets $2.4 Billion in Electric-Vehicle Grants
The Obama administration said Wednesday that 48 projects will share $2.4 billion in federal grants to encourage development and use of hybrid and electric vehicles, Bloomberg reported.
August 5, 2009Pepsi Units to Merge in $7.8 Billion Deal
Soft drink giant PepsiCo said Tuesday it has entered into a $7.8 billion merger deal with its its two largest anchor bottlers.
August 4, 2009Tyson Foods, Pilgrim’s Pride Earnings Improve
Two poultry producers who operate private truck fleets reported improved profits in the most recent quarter.
August 4, 2009