Ryder System said Wednesday its second-quarter profit dipped 7% to $65.3 million or $1.07 a share, from $70.3 million or $1.13 a year ago.
July 25, 2007Search
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Norfolk Southern’s 2Q Income Improves
Eastern freight railroad Norfolk Southern Corp. said Wednesday its second-quarter earnings grew 5% to $394 million or 98 cents a share, from $375 million or 89 cents a year ago.
July 25, 2007Arkansas Best’s 2Q Profit Falls
Arkansas Best Corp. said Wednesday its second-quarter net income fell to $19.6 million or 78 cents a share, from $29 million or $1.13 a year ago.
July 25, 2007Covenant Reports 2Q Loss
Covenant Transportation Group said Wednesday it lost $11.3 million or 80 cents a share, compared with a loss of $398,000 or 3 cents a year earlier.
July 25, 2007C.H. Robinson’s 2Q Income Jumps 24%
Transportation and logistics firm C.H. Robinson Worldwide’s second-quarter profit jumped 24% to $82.3 million or 47 cents a share, from $66.6 million or 38 cents a year ago.
July 25, 2007House Vote Blocks Mexican Trucks Plan
The House voted late Tuesday to block the Bush administration’s planned Mexican trucks program, limiting visiting trucks to the current border-area zone, Bloomberg reported.
July 25, 2007Celadon’s 4Q Income Dips; Company Names New COO
Truckload carrier Celadon Group’s net income fell 20% in its fiscal fourth quarter and the company said Chief Operating Officer Tom Glaser will retire.
July 26, 2007Fed ‘Beige Book’ Gives Trucking Mixed Report
The Federal Reserve gave a generally positive assessment of the U.S. economy, with mixed reports on the health of the trucking industry.
July 25, 2007Iowa Lifts HOS Rules for Fuel Haulers
Iowa Gov.
July 25, 2007Opinion: How to Prevent Cargo Theft
By Bill Anderson
Director, Global Security
Ryder System Inc.
July 25, 2007