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YRC’s Third-Quarter Profits Rise

Less-than-truckload carrier YRC Worldwide late Thursday reported its third-quarter earnings rose to $92.3 million or $1.72 a share, from $85.3 million or $1.53 cents in the same quarter last year.

October 26, 2006

Operating Profit at DaimlerChrysler’s Truck Division Rises

DaimlerChrysler, the parent company of truck maker Freightliner LLC, on Wednesday said its Truck Group division posted a third-quarter operating profit of $705 million, up 57% from $449 million in 2005.

October 25, 2006

Existing ºÚÁϳԹÏÍø Sales Fall 1.9% in August

Existing home sales fell 1.9% in September, marking the first back-to-back monthly decline since 1990, the National Association of Realtors said Wednesday.

October 25, 2006

Security & Safety Briefs — October 25 - October 31

FMCSA to Hold Listening Session • Safefreight’s SmartFleet System Selected for TSA’s Hazmat Security Program • Bridge Repairs Would Cost $63 Billion, Says FHWA

October 25, 2006

Groups Question Proposed Increase for PHMSA’s Hazmat Program

wo trucking groups expressed reservations last week over a Pipeline and Hazardous Materials Safety Administration proposal to raise the annual registration fee for a hazardous material safety program.

October 25, 2006

U.S. Border Security Costs Canadians Business, Time

Although the Canadian trucking industry may face several regulatory changes in the years ahead that could improve operations for carriers, it’s unlikely that it will become less difficult for them to cross the U.S. border in the near future, said David Bradley, chief executive officer of the Canadian Trucking Alliance.

October 25, 2006

Norfolk Southern’s Quarterly Income Rises

Eastern freight rail line Norfolk Southern Corp. reported Wednesday its third-quarter net income rose 38% to $416 million or $1.02 a share from $301 million or 73 cents in 2005.

October 25, 2006

Universal Truckload's Quarterly Earnings Increase

Universal Truckload Services reported late Wednesday it earned $5.8 million or 36 cents a share in the third quarter, compared with $4.6 million or 29 cents for 2005.

October 25, 2006

Fed Again Holds Interest Rate at 5.25%

For the third time in as many meetings, the Federal Reserve decided on Wednesday to hold the benchmark U.S. interest rate at 5.25%.

October 25, 2006

International to Build Class 8 Engines in Huntsville, Ala.

Truck maker International Truck and Engine Corp. said Wednesday it will build its new, Class 8 big-bore diesel engines in Huntsville, Ala.

October 25, 2006