ºÚÁϳԹÏÍø

Volvo AB reported its first-quarter profit surged 23% on higher sales, Bloomberg reported Tuesday.

American Trucking Associations Tuesday issued its 2006 projection for the trucking industry's fuel costs, putting it at $6.6 billion over last year’s tab.

The two largest Canadian freight rail lines, Canadian National and Canadian Pacific, each reported higher first-quarter profits.

Transportation firm Con-way Inc. reported a record first-quarter profit of $44.7 million or 81 cents a share, up from $29.1 million or 52 cents a year earlier.

U.S. consumer confidence rose this month to the highest level in four years, the New York-based Conference Board said Tuesday.

OPEC ministers have agreed to leave the cartel’s output ceiling unchanged, and the United States said it would end some routine oil-price reporting, Bloomberg reported Monday.

Filling stations in the Northeast are reporting scattered shortages of gasoline as the industry struggles to transition to more ethanol-blended fuel, the Associated Press reported.

Arkansas Best Corp., the parent of less-than-truckload carrier ABF Freight System, said Monday its first-quarter profit fell to $6.1 million or 24 cents a share, from $10.5 million or 41 cents a year earlier.

American Trucking Associations said it opposed a bill before the California legislature that would require all diesel fuel sold in the state to contain at least 2% biodiesel by 2008 and at least 5% biodiesel by 2010.

Truck dealers said they are making plans to weather the expected slowdown in heavy-duty truck sales next year, even as 2006 shapes up as one of their best sales year ever.