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CSX Reports 4Q Profit, Record Operating Income
Click here to write a Letter to the Editor. astern freight rail line parent CSX Corp. Tuesday reported a fourth-quarter profit of $237 million or $1.03 per share, compared with $66 million or 30 cents a year earlier.
January 24, 2006DOT Inspector General Kenneth Mead Resigns
Click here to write a Letter to the Editor. .S. Department of Transportation Inspector General Kenneth Mead announced his resignation, effective Feb. 11.
January 24, 2006Landstar Denies It Was Overpaid for Katrina Relief Services
Click here to write a Letter to the Editor. andstar System denied it was overpaid $32 million for services the truckload carrier rendered in the wake of Hurricane Katrina, the Associated Press reported.
January 24, 2006Conservative Party Wins Canadian Election
Click here to write a Letter to the Editor. onservative party leader Stephen Harper won Canada’s national elections Monday, ending 13 years of rule by the country’s Liberal party, a victory expected to move Canada to the right on economic issues and lead to improved ties with the United States, news services reported.
January 24, 2006BNSF Reports Record Earnings, Revenue
Click here to write a Letter to the Editor. urlington Northern Santa Fe Corp., which operates the nation’s second-largest freight railroad, Tuesday reported record quarterly earnings for the fourth quarter, annual revenue and earnings per share.
January 24, 2006Daimler Restructuring to Include Renamed Truck Group Unit
Click here to write a Letter to the Editor. aimlerChrysler, parent of leading U.S. truck maker Freightliner LLC, said Tuesday it will restructure its management and will rename its commercial vehicles division under the name Truck Group.
January 24, 2006Leading Economic Indicators Gain in December
Click here to write a Letter to the Editor. he index of U.S. leading economic indicators rose for a third straight month in December, but the 0.1% rise pointed to potentially slower growth, Bloomberg reported.
January 23, 2006Ford’s Earnings Rise; Automaker to Close Plants, Cut Jobs
Click here to write a Letter to the Editor. ord Motor Co.'s fourth-quarter earnings rose 19% to $124 million and it earned $2 billion last year, but the company will close North American plants and cut up to 30,000 jobs, the Associated Press reported.
January 23, 2006Averitt Reportedly to Sell Air Unit for $17.8 Million
Click here to write a Letter to the Editor. he Nashville, Tenn.-based parent-company of FractionAir plans to buy the air assets of trucking firm Averitt Express for $17.8 million, the Nashville Business Journal reported.
January 23, 2006Daimler’s 2005 Truck, Bus Sales Surge 16% to Record
Click here to write a Letter to the Editor. aimlerChrysler AG sold a record number of commercial vehicles in 2005 as demand rose for freight deliveries and construction equipment, Bloomberg reported Monday.
January 23, 2006