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Letters to the Editor: Fuel Prices, N-Viro, Hours of Service
When is the bubble going to pop? I personally have not taken a pay raise, and none of my employees or their family members has received one, either. As the price of fuel climbs, so do the prices of goods. Yet no one I have spoken to has been given an increase in pay to combat this issue.
July 28, 2006Ryder Profits, Revenue Rise in Second Quarter
Ryder System said Thursday its second-quarter net income rose to $70.3 million or $1.13 cents a share, from $63.3 million or 98 cents a year earlier.
July 27, 2006Old Dominion Freight Line's Net Income Up 55.3% in 2Q
Old Dominion Freight Line said Thursday its second-quarter net income jumped 55.3% to $21.6 million or 58 cents a share, from $13.9 million or 37 cents a year earlier.
July 27, 2006Cummins Earnings Increase 56%
Diesel engine maker Cummins Inc. said Thursday it earned $220 million or $4.38 a share in the second quarter, up 56% from $141 million or $2.83 a year earlier.
July 27, 2006Universal Reports Record Net Income, Revenue
Universal Truckload Services said late Wednesday its net income for the second quarter increased 23.1% to a record $5.4 million or 33 cents a share, up from $4.4 million or 27 cents in 2005. Revenue rose 19.9% to $95.8 million.
July 27, 2006Second-Quarter Operating Income for DaimlerChrysler's Truck Group Rises
DaimlerChrysler, the parent company of truck maker Freightliner LLC, said its Truck Group division posted a second-quarter operating profit of 704 million euros, up 34% from 524 million euros in 2005.
July 27, 2006GM Reports Net Loss Of $3.2 Billion on Charges, Restructuring Costs
General Motors Corp. reported Wednesday a net loss of $3.2 billion or $5.62 a share, compared with a loss of $987 million or $1.75 a year ago.
July 27, 2006Jobless Claims Fall by 7,000 for Week
First-time jobless claims fell by 7,000 to 298,000 last week, the Labor Department reported Thursday.
July 27, 2006June Durable Goods Orders Rise 3.1%
Durable goods orders rose more than forecast in June on demand for computers and commercial aircraft, the Commerce Department reported Friday.
July 27, 2006YRC Reports Increased Earnings, Revenue
Less-than-truckload carrier YRC Worldwide late Thursday reported its second-quarter earnings rose to $92.3 million or $1.58 a share, from $76.1 million or $1.38 cents in the same quarter last year.
July 27, 2006