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Xata Reports 2Q Profit; CEO to Step Down This Year
Transportation technology firm Xata Corp. reported a profit and record revenue for its fiscal second quarter ended March 31, and the company said its chief executive officer, Craig Fawcett, would step down later this year.
May 15, 2006Stonepath Reports First-Quarter Loss
Logistics firm Stonepath Group late Friday reported first-quarter loss of $3.5 million or 8 cents a share, compared with a loss of $7.6 million or 17 cents a year earlier.
May 15, 2006ATA Cites Infrastructure, Fuel as Critical Trucking Issues
Improved national infrastructure, rising fuel prices and new diesel-fuel regulations top trucking’s agenda this year, an American Trucking Associations’ official told an investors’ conference in New York this week.
May 12, 2006Mullen’s First-Quarter Income, Revenue Gain
Canadian firm Mullen Group Income Fund said Friday it earned C$43.1 million or 86 cents per unit in the first quarter, up from C$26 million or 57 cents a year earlier.
May 12, 2006Segmentz Reports First-Quarter Profit
Segmentz Inc. on Friday reported first-quarter net income of $557,000 or 2 cents a share, compared with a loss of $4.65 million or 17 cents last year.
May 12, 2006Import Prices Rise 2.1%; Trade Deficit Declines
The price of goods imported to the United States jumped 2.1% in April, reflecting higher petroleum costs, the Labor Department said Thursday.
May 12, 2006ATA Revises March Tonnage Decline to 2.9%
American Trucking Associations late Thursday revised its March for-hire truck tonnage index to a 2.9% decline, compared with an earlier 3.2% reported drop.
May 12, 2006First-Quarter Intermodal Movement Rises 6.3%
Intermodal growth rose 6.3% in the first quarter, marking the 16th straight quarter of growth, the Intermodal Association of North America said late Thursday.
May 12, 2006Trimac Reports First-Quarter Profit, Revenue Increase
Canadian transportation firm Trimac Income Fund Friday reported it earned C$3.7 million or 7.2 cents per unit in the first quarter, compared with C$1.7 million or 3 cents a year earlier.
May 12, 2006Business Inventories Rise 0.7%
Business inventories rose 0.7% in March from a month earlier, the Commerce Department said Thursday. Sales also rose by 0.7%.
May 11, 2006