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Union Pacific Reports 64% Gain in 2Q Income
Western freight railroad Union Pacific Corp. said Thursday its second-quarter profit rose 64% to $390 million or $1.44 per share, from $233 million or 88 cents a year earlier.
July 20, 2006Rush Enterprises’ Income, Revenue Rise
Rush Enterprises, the nation’s largest dealer of Peterbilt trucks, said late Wednesday its second-quarter net income rose to $14.9 million or 59 cents a share, from $11.2 million or 45 cents a year earlier.
July 20, 2006Jobless Claims Drop 30,000 for Week
First-time jobless claims fell by 30,000 to 304,000 last week, the Labor Department reported Thursday.
July 20, 2006Fed Minutes Cite ‘Uncertainty’ on Future Rate Hikes
Federal Reserve officials saw “significant uncertainty” in June over future interest-rate decisions and expressed concern about higher inflation while expecting it to decline, according to minutes of the Fed’s June 28-29 meeting that were released Thursday, Bloomberg reported.
July 20, 2006BNSF to Increase Quarterly Dividend
Western freight rail line Burlington Northern Sante Fe Corp. said Thursday it will increase its quarterly dividend by 5 cents per share to 25 cents.
July 20, 2006Landstar’s 2Q Income, Revenue Reach Records
Truckload carrier Landstar System Thursday reported record second-quarter net income of $29.5 million or 50 cents a share, up from $22.4 million or 37 cents a year earlier.
July 20, 2006Navistar Again Reaffirms ’06 Guidance
Navistar International Corp. late Wednesday again reaffirmed that it expects to earn at least $5.38 per share this year.
July 20, 2006Swift’s Second-Quarter Income Rises on Higher Fuel Surcharges
Truckload carrier Swift Transportation Co. Wednesday reported its second-quarter net income rose to $45.5 million or 60 cents a share, up from $29.8 million or 40 cents a year earlier.
July 19, 2006Con-way Reports Higher Second-Quarter Income, Revenue
Transportation firm Con-way Inc. reported second-quarter net income of $74.1 million or $1.40 a share, up from $66.8 million or $1.20 a year earlier.
July 19, 2006CSX’s 2Q Income Jumps; Railroad Sets Stock 2-for-1 Split
Eastern freight rail line CSX Corp. late Tuesday reported its second-quarter profit more than doubled and it announced a 2-for-1 stock split.
July 19, 2006