Deutsche Post, the Germany-based parent company of DHL Express, said Wednesday its first-quarter quarterprofit jumped despite lower revenue, the Associated Press reported.
May 6, 2009Search
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Frozen Food Express Cites 1Q Loss
Refrigerated carrier Frozen Food Express Industries lost $6.1 million, or 36 cents a share, in the first quarter, compared with a loss of $825,000, or 5 cents, a year ago.
May 6, 2009Patriot Transportations Fiscal 2Q Income Rises
Tank and bulk carrier Patriot Transportation Holding said Wednesday its fiscal second-quarter net income rose to $1.4 million, or 45 cents a share, from $626,000, or 20 cents, a year ago.
May 6, 2009Opinion: To Survive a Tough Economy Focus
A shroud of insecurity continues to linger on the U.S. economy, with many trucking and logistics providers tending to the wounds of 2008 and preparing for the uncertainty still looming over the rest of 2009.
May 8, 2009UPS Boosting Asian Operations Centers
UPS Inc. announced plans Tuesday to boost its global post-sales service options by expanding a field stocking location network in India and enhancing its Asia logistics customer support center in the Philippines.
May 5, 2009ISM Services Index Improves in April
The U.S. economys service sector rate of contraction slowed last month, the Institute for Supply Management said Tuesday.
May 5, 2009Minn.s 5% Biodiesel Mandate Takes Effect
Minnesota has implemented its requirement mandating that all diesel sold in the state contain at least 5% biodiesel, the Associated Press reported.
May 5, 2009ArvinMeritor Reports Fiscal 2Q Loss
Truck components maker ArvinMeritor said it lost $52 million, or 72 cents per share, in its fiscal second quarter, compared with a profit of $24 million, or 33 cents per share, a year ago.
May 6, 2009Ritchie Bros. Profit Rises
Ritchie Bros. Auctioneers said it earned $19.9 million, or 19 cents per share, in the first quarter, compared to $16.4 million, or 16 cents, a year ago.
May 5, 2009Going Green Can Offer Dealers Financial Benefits, Panelists Say
OXON HILL, Md. Truck dealers and their fleet customers who feel forced to concern themselves with government environmental regulations should consider embracing the subject, as green issues carry increasing weight with the shipping business community and conservation can lead to better profitability, said panelists at a dealer workshop here.
April 28, 2009