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ODFL’s 2Q Income Jumps

Old Dominion Freight Line said Wednesday its second-quarter profit rose to $21.5 million, or 58 cents per share, from $10.7 million, or 29 cents, a year ago.

July 28, 2010

Canadian Pacific’s 2Q Profit Rises

Canadian freight railroad Canadian Pacific’s second-quarter net income gained 23% to C$166.6 million, or 98 cents per share, from C$135.5 million, or 80 cents, a year earlier.

July 28, 2010

Quality’s 2Q Profit Improves from a Year Ago

Tank truck carrier Quality Distribution reported second-quarter net income of $2.1 million, or 9 cents per share, compared with a loss of $186.2 million, or $9.58, a year ago.

July 28, 2010

LaHood Announces National Summit on Distracted Driving

The second National Distracted Driving Summit will be held Sept. 21 in Washington, D.C., Transportation Secretary Ray LaHood announced.

July 28, 2010

Fed ‘Beige Book’ Shows Increased Transport Activity

Freight transportation activity increased in June and July, with volume gains in several regions, the Federal Reserve said Wednesday.

July 28, 2010

Truck Tonnage Rises 7.6% in June

Truck tonnage rose 7.6% in June from a year ago, the seventh straight year-over-year increase, American Trucking Associations said Tuesday.

July 27, 2010

Consumer Confidence Falls in July to 5-Month Low

Consumer confidence declined this month to its lowest level in five months, the New York-based Conference Board said Tuesday.

July 27, 2010

Kansas City Southern’s 2Q Profit Improves

Kansas City Southern said it earned $34.6 million, or 34 cents a share, in its second quarter, compared with $6.5 million, or 7 cents, the previous year.

July 27, 2010

Wright Express Reports Drop in 2Q Profit

Wright Express Corp.’s second-quarter profit fell to $30 million, or 77 cents per share, compared with $93.2 million, or $2.36, a year ago.

July 27, 2010

Daimler Returns to Profit in 2Q

Daimler AG said Tuesday that it earned $2.74 billion (2.1 billion euros) in the second quarter, matching a forecast from earlier in July, the Associated Press reported.

July 27, 2010