Daimler AG said Tuesday its first-quarter profit declined 32% on lower truck sales, Bloomberg reported.
April 29, 2008Search
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BNSF’s First-Quarter Income Gains 30%
Burlington Northern Santa Fe Corp. said Tuesday its first-quarter profit rose 30% to $455 million, or $1.30 a share, from $349 million, or 96 cents, a year earlier.
April 29, 2008DOT Offers Chicago $153 Million to Reduce Congestion
Chicago will receive more than $153 million in federal funds under a new congestion initiative, the U.S. Department of Transportation said.
April 29, 2008P.A.M. Takes $2.8 Million Loss in 1Q
Truckload carrier P.A.M. Transportation Services said it lost $2.8 million, or 29 cents a share, in the first quarter, compared with net income of $1.3 million, or 12 cents, a year earlier.
April 29, 2008ArvinMeritor Reports Fiscal 2Q Profit
Trucking components maker ArvinMeritor Inc. reported its first profit in five quarters Tuesday, saying it earned $20 million, or 28 cents a share, compared with a net loss of $94 million, or $1.34, last year.
April 29, 2008N.Y. Thruway Toll Hikes Approved
The New York the Thruway Authority’s board of directors has approved a series of toll hikes that will bring in an additional $125 million annually, the Associated Press reported.
April 28, 2008ATA Officer Calls for Oil Release From SPR
WASHINGTON — The government should not only stop filling the Strategic Petroleum Reserve, but also consider releasing oil to help lower the price of diesel fuel, Dave Berry, chairman of the American Trucking Associations’ environmental and energy policy committee, told Congress last week.
April 28, 2008DOT Offers L.A. $213 Million in Toll Plan
The federal government has offered Los Angeles County $213 million to convert carpool lanes to special, congestion-pricing toll lanes on three freeways, the Los Angeles Times reported.
April 28, 2008Goodyear Reports First-Quarter Profit
Goodyear Tire & Rubber Co.’s first-quarter earnings rose to $147 million, or 60 cents a share, compared with a loss of $174 million, or 96 cents, a year ago.
April 28, 2008Truckers Protest in Washington Over High Fuel Prices
Hundreds of truck drivers descended on Washington Monday to protest high diesel prices, WRC-4 television reported on its Web site.
April 28, 2008