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Scania’s Net Income Soars on Robust Russian Sales
Swedish truck maker Scania AB’s second-quarter net income jumped 51% to
about $505 million, or 63 cents a share, from last year's $333 million,
or 42 cents, as truck sales in Russia boomed, Bloomberg reported Friday.
Durable Orders Rise in June
Durable goods orders rose in June, the Commerce Department said Friday.
July 25, 2008Saia’s 2Q Profits Tumble on Fuel, Pricing Pressures
Saia Inc. on Friday reported that it earned $5.4 million, or 40 cents a
share, in the second quarter, down from $10.4 million, or 72 cents, a
year ago.
Diesel Dips 4.6¢ to $4.718
The average price of retail diesel in the United States dipped 4.6 cents last week to $4.718 a gallon, the largest weekly drop in more than six months, the Department of Energy reported.
July 28, 2008Railroads Say Rate Increases Reflect Costs, Deny They Plan to Curtail Hazmat Hauling
Railroad executives acknowledged to the Surface Transportation Board
July 28, 2008Profits Decline at Most LTLs As Surcharges Lag Fuel Hikes
Most public less-than-truckload companies’ second-quarter profits fell
as fleets were pounded by record diesel prices and flagging economic
demand, but some executives said they thought the overall pricing
environment had improved, or at least stabilized.
GAO Claims Many Truckers Skirt DOT Health Regulations
WASHINGTON — The Government Accountability Office said last week that hundreds of thousands of truck drivers with potentially serious medical conditions are being allowed to drive heavy vehicles, citing loopholes and weaknesses in the federal government’s program to certify drivers.
July 28, 2008Rush Enterprises’ 2Q Earnings Fall
Truck dealership Rush Enterprises’ first-quarter net income fell to $6.1 million, or 16 cents a share, down from $13 million, or 34 cents, a year ago.
July 24, 2008Pa. Submits Revised Plan on I-80 Tolls
Pennsylvania officials have resubmitted an application to install tolls on Interstate 80 and hope to win federal approval to have as many as 10 tollbooths on the 311-mile highway by 2010, the Philadelphia Inquirer reported Thursday.
July 24, 2008Existing ºÚÁϳԹÏÍø Sales Fall 2.6% in June
Existing homes sales fell in June to the lowest level in a decade, the National Association of Realtors said Thursday.
July 24, 2008