Old Dominion Freight Line said Thursday its first-quarter profit declined to $4 million, or 11 cents per share, from $10.4 million, or 28 cents, a year ago.
April 23, 2009Search
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Jobless Claims Rise for Week
Initial jobless claims rose by 27,000 last week, the Labor Department said Thursday.
April 23, 2009Union Pacifics 1Q Profit Falls 18%
Union Pacific Corp.s first-quarter profit fell 18% to $362 million, or 72 cents per share, from $443 million, or 85 cents, a year ago.
April 23, 2009UPS Reports Lower First-Quarter Income
UPS Inc.s first-quarter net income fell by more than half to $401 million, or 40 cents a share, from $906 million, or 87 cents, a year ago.
April 23, 2009BNSFs First-Quarter Profit Drops 55%
Burlington Northern Santa Fe Corp.s first-quarter profit fell 55% on a one-time charge and lower shipping demand.
April 23, 2009Intermodal, Rail Traffic Fall for Week
Intermodal rail traffic fell 18.3% for the week ended Saturday, compared with the same week last year, the Association of American Railroads said Thursday.
April 23, 2009Con-way Says It Lost $154 Million in First Quarter
Con-way Inc. said it lost $154 million, or $3.35 per share, in the first quarter, compared with earning $22.5 million, or 47 cents, a year ago.
April 24, 2009YRC Reports $257 Million First-Quarter Loss
YRC Worldwide said late Thursday it lost $257 million, or $4.34 per share, in the first quarter, compared with a loss of $46.4 million, or 82 cents, a year ago.
April 24, 2009Opinion: After the Recession Ends . . .
We may not know when the current recession will be over, but we do know that were getting closer with every passing day. This is not the first recession the trucking industry has seen, nor will it be the last.
April 22, 2009Volvo Cutting 1,500 Jobs in Sweden
Volvo AB said it will cut more than 1,500 jobs in Sweden, including 655 in its truck division, citing a sharp decline in global demand for trucks.
April 22, 2009