Business
Business

Caterpillar Reports Record 4Q, Annual Profit and Revenue

Diesel engine and heavy-equipment manufacturer Caterpillar Inc. its fourth-quarter profit rose 4% to a record $882 million or $1.32 a share, up from $846 million or $1.20 a share a year earlier.

Transport Topics
January 26, 2007
Business

Marten Transport Reports Lower Fourth-Quarter Income

Refrigerated truckload carrier Marten Transport’s fourth-quarter income fell 27% to $5.2 million or 24 cents a share, from $7.1 million or 32 cents a year earlier.

Transport Topics
January 26, 2007
Business, Government, Safety

I-90 Reopened in Pennsylvania After 50-Vehicle Crash

State police said wreckage from a 50-vehicle chain-reaction crash was cleared and a 10-mile stretch of Interstate 90 east of Erie, Pa., was reopened shortly after 3 a.m. local time following a big snowstorm, the Associated Press reported.

Transport Topics
January 26, 2007
Business

Covenant Transport Takes Loss for Fourth Quarter, Full Year

Covenant Transport late Thursday reported a fourth-quarter loss of $894,000 or 6 cents a share, compared with a profit of $4 million or 28 cents a year earlier.

Transport Topics
January 25, 2007
Business

Heartland’s 4Q Earnings Dip; Profit for Full Year Rises

Truckload carrier Heartland Express said its fourth-quarter profit fell to $19.6 million or 20 cents a share, from $21.6 million or 22 cents a year earlier.

Transport Topics
January 25, 2007
Business, Logistics

Schneider Reports Higher Revenue for 2006

Truckload carrier Schneider National said Thursday it had $3.7 billion in revenue last year, up from $3.4 billion in 2005.

Transport Topics
January 25, 2007
Business, Safety, Government

Swift Reports Lower 4Q Earnings; Full-Year Profit Rises

Truckload carrier Swift Transportation Co. said late Wednesday its fourth-quarter profit fell from a year earlier due to a “soft freight environment.”

Transport Topics
January 25, 2007
Business, Logistics

Existing Home Sales Drop in December

Existing home sales fell 0.8% in December and purchases for the year fell by the most since 1989, the National Association of Realtors said Thursday.

Transport Topics
January 25, 2007
Business, Autonomous

USA Truck’s Fourth-Quarter Earnings Plunge on Lower Tonnage

Truckload carrier USA Truck on Thursday reported its fourth-quarter profit plunged to $1.2 million or 11 cents a share, from $4.3 million or 37 cents a year earlier, on lower tonnage and demand.

Transport Topics
January 25, 2007
Business, Logistics

Union Pacific’s Income, Revenue Jump for 4Q, Full Year

Western freight railroad Union Pacific Corp. said Thursday its fourth-quarter profit jumped to $485 million or $1.78 a share, from $296 million or $1.10 cents for the same quarter a year earlier.

Transport Topics
January 25, 2007

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