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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, 2005

Smithway’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, 2005

Fed Reports Philadelphia Manufacturing Rose in July

Manufacturing growth in the Philadelphia area increased in July, the Federal Reserve reported Thursday.

July 21, 2005

Caterpillar'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, 2005

Vitran'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, 2005

Initial 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, 2005

Overnite 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, 2005

Marten 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, 2005

Covenant 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