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Daimler’s Truck Group Unit’s Operating Income Gains
DaimlerChrysler’s newly created Truck Group division posted a first-quarter operating profit of 426 million euros, down from 698 million euros a year ago, though the prior quarter included 276 million euros in settlement income.
April 27, 2006Old Dominion Freight Line’s First-Quarter Profit Jumps
Old Dominion Freight Line said Thursday its first-quarter net income rose almost 40% to $13 million or 35 cents a share, from $9.3 million or 25 cents a year earlier.
April 27, 2006TransForce Reports Improved First-Quarter Income, Revenue
Canadian transportation firm TransForce Income Fund late Wednesday reported its first-quarter net income rose to C$22 million or 28 cents a share, up from C$13.9 million or 23 cents a year earlier.
April 27, 2006Oil Industry Profits Remain High Amid Soaring Prices
Oil company profits rose to record levels in the first-quarter amid soaring energy prices, news services reported.
April 27, 2006Jobless Claims Rise for Week
The number of U.S. workers filing initial unemployment claims rose by 11,000 to 315,000 last week, the Labor Department said Thursday.
April 27, 2006March Truck Sales Smash Record
Original equipment manufacturers sold more heavy-duty trucks last month than ever before, moving 25,895 Class 8 trucks to U.S. buyers. The 26.2% sales jump over the strong March 2005 market level puts truck makers on a pace this year to break the record level of Class 8 U.S. sales set in 1999.
April 27, 2006Oil Declines; Senate Republicans Offer Rebate Plan
Crude oil prices fell for a fourth day and Senate Republicans offered a plan to give Americans $100 rebate payments and called for more oil drilling in Alaska.
April 27, 2006Wabash’s Income Drops in First Quarter
Truck trailer maker Wabash National Corp. reported first-quarter net income of $4.3 million or 13 cents a share, down from $18.5 million or 52 cents a year earlier.
April 27, 2006Ryder System’s First-Quarter Income Rises
Ryder System said Wednesday its first-quarter net income rose to $47.6 million or 77 cents a share, from $41.5 million or 64 cents a year earlier.
April 27, 2006Interstate 435 in Kansas to Close Friday Night
Interstate 435 in Overland Park, Kan., will close Friday night for construction work, the Kansas Department of Transportation said. Truckers and motorists were being urged to take alternate routes.
April 27, 2006