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Qualcomm Reports Earnings, Mobile Comm. Shipments Rise
Wireless-services provider Qualcomm Inc. reported Wednesday that net income for its third quarter ended June 26 rose 15% to $560 million or 33 cents a share, from $486 million or 29 cents a year earlier.
July 21, 2005TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Congress Passes Two-Day Stopgap Highway Bill Extension
Click here to write a Letter to the Editor. ongress passed a two-day extension of the federal highway spending bill late Tuesday as an agreement for a comprehensive bill continued to elude House and Senate negotiators, news services reported.
July 20, 2005CNF Reports Its Profit Rose 90% in Second Quarter
Transportation firm CNF Inc. late Tuesday reported its second-quarter income rose by 90%, to $71.1 million or $1.24 a share, up from $37.5 million or 64 cents a year earlier.
July 20, 2005Mullen Reports Lower 2Q Profit; Cites Conversion Costs
Canadian firm Mullen Group Income Fund, the successor to Mullen Transportation, reported late Tuesday it earned $2.6 million or 17 cents a share in the second quarter, down from $4.3 million or 28 cents a year earlier.
July 20, 2005TransForce Reports Improved 2Q Earnings
Canadian transportation and logistics firm TransForce Income Fund reported Wednesday that its second-quarter net income was $23.7 million or 39 cents a share, compared with $16.6 million or 29 cents a year earlier.
July 20, 2005GM Reports Second-Quarter Loss
General Motors Corp. reported Wednesday it had a net loss of $286 million or 51 cents a share in the second quarter, compared with a profit of $1.38 billion or $2.42 a share a year earlier.
July 20, 2005Hurricane Emily Hits U.S.-Mexico Border
Hurricane Emily slammed into northeastern Mexico and the U.S. border area early Wednesday, forcing thousands of people to evacuate and threatening mudslides, news services reported.
July 20, 2005Dana Reports Lower 2Q Earnings; Again Cites High Steel Costs
Heavy-duty component supplier Dana Corp. said Wednesday its net income fell to $51 million or 34 cents a share, from $110 million or 73 cents a year earlier.
July 20, 2005Security & Safety Briefs July 14 - July 20
Texas to Allow Truckers to Idle Engines While Resting • U.S. Appeals Court Overturns Canadian Beef Ban • Runge Departs NHTSA for ºÚÁϳԹÏÍøland Security Post • Authorities Arrest Illegal Immigrants With Hazmat CDLs • And more...
July 20, 2005Michigan State Police to Step Up Truck Monitoring
Click here to write a Letter to the Editor. he Michigan State Police said it would increase the monitoring of trucks on its roads in an attempt to reduce the number of crashes.
July 20, 2005