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House Introduces New Engine-Incentives Measure
Click here to write a Letter to the Editor. bill providing incentives to fleets that purchase cleaner diesel engines in 2007 has been introduced in the House by Rep. J.D. Hayworth (R-Ariz.).
July 22, 2005TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Old Dominion Freight Line’s Earnings, Revenue Increase
Old Dominion Freight Line reported Friday it earned $13.9 million or 56 cents a share in the second quarter, up from $10.5 million or 43 cents a year ago.
July 22, 2005Smithway’s 2Q Profit Rises Compared With 2004
Flatbed carrier Smithway Motor Xpress reported late Thursday that its second-quarter net income rose to $1.4 million or 27 cents a share, from $665,000 or 14 cents a year earlier.
July 22, 2005Fed Reports Philadelphia Manufacturing Rose in July
Manufacturing growth in the Philadelphia area increased in July, the Federal Reserve reported Thursday.
July 21, 2005Caterpillar's 2Q Earnings Rise; Engine Maker Boosts Outlook
Heavy equipment and engine maker Caterpillar Inc. said Thursday its second-quarter income rose to $760 million or $1.08 a share, from $566 million or 80 cents last year.
July 21, 2005Vitran's 2Q Truckload, LTL Income, Revenue Improve
Toronto-based transportation firm Vitran Corp. reported Thursday that its second-quarter net income rose to $4.8 million or 38 cents a share, up from $4.4 million or 34 cents a year earlier.
July 21, 2005Initial Jobless Claims Fall by 34,000 For Week
The number of U.S. workers filing for initial unemployment benefits fell 34,000 to 303,000 for the week ended July 16, the Labor Department reported Thursday.
July 21, 2005Overnite Corp. Reports Higher 2Q Earnings
Overnite Corp. reported late Wednesday its earnings improved to $23.1 million or 82 cents a share for the second quarter, up from $16.8 million or 60 cents a year ago.
July 21, 2005Marten Transport’s Second-Quarter Profits Rise
Refrigerated truckload carrier Marten Transport said late Wednesday it earned $6.8 million or 46 cents a share in the second quarter, up from $4.8 million or 33 cents a year earlier.
July 21, 2005Covenant Reports 2Q Loss; Cites 'Soft Demand'
Covenant Transport Inc. said late Wednesday its net income was $652,000 or 5 cents a share in the second quarter, down from $4.4 million or 30 cents a year earlier.
July 21, 2005