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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, 2006Operating 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, 2006Existing 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, 2006Security & 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, 2006Groups 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, 2006U.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, 2006Norfolk 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, 2006Universal 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, 2006Fed 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, 2006International 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