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Old Dominion Sees 3Q Profit Rise; Boosts ’05 Guidance
Old Dominion Freight Line said Friday that its third-quarter profit jumped to a record $15.9 million or 64 cents a share, from $12.2 million or 50 cents a year earlier.
October 21, 2005Marten Transport's Net Income Jumps 33% for Quarter
Click here to write a Letter to the Editor. efrigerated truckload carrier Marten Transport said late Thursday it earned $6.4 million or 44 cents a share in the third quarter, up 33% from $4.8 million or 33 cents a year earlier.
October 21, 2005Caterpillar Boosts 3Q Profit; Cuts ’05 Outlook
Heavy equipment and diesel-engine maker Caterpillar Inc. said Friday that its third-quarter profit jumped 34% but downgraded its full-year 2005 earnings outlook.
October 21, 2005ATA Approves Policy of Using Up to 5% Biodiesel
Click here to write a Letter to the Editor. merican Trucking Associations said Friday that its board of directors has revised ATA’s alternative fuels policy to advocate the use of biodiesel fuel in blends up to 5% as part of the national diesel fuel standard.
October 21, 2005U.S. Xpress Executive Patrick Quinn Named ATA Chairman
Click here to write a Letter to the Editor. atrick Quinn, co-chairman and president of truckload carrier U.S. Xpress Enterprises, was named American Trucking Associations’ new chairman, ATA said Thursday.
October 21, 2005Rail Freight Declines; Intermodal Reaches Weekly Record
Overall rail freight traffic fell for the week ended Oct. 15 but intermodal levels reached a record, the Association of American Railroads reported.
October 21, 2005Leading Economic Indicators Decline in September
Click here to write a Letter to the Editor. he index of U.S. leading economic indicators fell in September for a third straight month on aftereffects of Hurricane Katrina and continued high fuel costs, the Conference Board reported Thursday.
October 20, 2005Crude Prices Fall as Wilma Weakens Slightly
Hurricane Wilma weakened slightly Thursday to a Category 4 hurricane from a Category 5 and forecasters continued to project the storm would turn east toward the southwest coast of Florida — and away from Gulf Coast oil rigs — by the late weekend or early next week, news services reported.
October 20, 2005Vitran’s Income, Revenue Reach Record in 3Q
Click here to write a Letter to the Editor. oronto-based transportation and logistics firm Vitran Corp. reported Thursday that its third-quarter net income rose to a record $5.4 million or 42 cents a share, up from $4.5 million or 36 cents a year earlier.
October 20, 2005USA Truck’s Third-Quarter Profit Increases
Click here to write a Letter to the Editor. ruckload carrier USA Truck said Thursday that its third-quarter net income rose to $4.2 million or 40 cents a share, from $2 million or 22 cents a year earlier.
October 20, 2005