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Celadon’s Fiscal Second-Quarter Earnings Rise
Truckload carrier Celadon Group said late Wednesday it earned $6.1 million or 26 cents a share in its fiscal second quarter ended Dec. 31, up from $4.8 million or 21 cents in the same quarter a year earlier.
January 24, 2007USA Truck Promotes Jerry Orler to Chief Executive Officer
USA Truck Wednesday announced the promotion of Jerry Orler to chief executive officer.
January 24, 2007Werner’s Fourth Quarter Income, Revenue Dip
Truckload carrier Werner Enterprises’ fourth-quarter profit fell 16% to $24 million or 31 cents a share, from $28.8 million or 36 cents a year earlier.
January 23, 2007Diesel Dips 3.3 Cents to $2.43; Gasoline Falls to $2.165
The average price of retail diesel fuel fell 3.3 cents to $2.43 a gallon, the Department of Energy said Monday.
January 23, 2007BNSF Reports Higher Income, Revenue for 4Q, Year
Burlington Northern Santa Fe Corp.’s fourth-quarter profit jumped 21% to $519 million or $1.42 a share, from $430 million or $1.13 a year earlier, the railroad said Tuesday.
January 23, 2007CSX Reports Improved Fourth-Quarter Income, Revenue
Eastern freight railroad CSX Corp. reported fourth-quarter earnings of $347 million or 75 cents a share, up from $237 million or 52 cents a year earlier.
January 23, 2007Analysts See Downturn in 4Q Trucking Company Earnings
Analysts expect mostly lackluster fourth-quarter earnings from trucking companies, since the industry's annual peak season never materialized and demand further waned amid a general economic slowdown, the Associated Press reported.
January 23, 2007Union Pacific, Norfolk Southern Set Expanded Intermodal Service
Freight railroads Union Pacific Railroad and Norfolk Southern Railway said Tuesday that they will launch a new intermodal train service in February that will add rail capacity and expand intermodal rail service between Los Angeles and the Southeast.
January 23, 2007Crude Oil Price Rises, Topping $55 a Barrel
Crude oil prices surged more than $2 a barrel Tuesday after Energy Secretary Samuel Bodman said President Bush plans to double the size of the U.S. Strategic Petroleum Reserve by 2027, Bloomberg reported.
January 23, 2007Eaton’s Earnings Rise 15% for Fourth Quarter
Vehicle parts manufacturer Eaton Corp. said Monday that its fourth-quarter earnings rose nearly 15% from a year ago.
January 22, 2007