YRC’s 4Q Income Dips; ’06 Revenue, Operating Income Hit Records
Less-than-truckload carrier YRC Worldwide said late Thursday it earned $46.5 million or 80 cents a share in the fourth quarter, compared with $76.8 million or $1.30 a year earlier.
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Factory Orders Jump 2.4% in December
Factory orders jumped 2.4% in December on higher demand for business equipment, motor vehicles and aircraft, the Commerce Department said Friday.
February 2, 2007Michigan Consumer Sentiment Index Hits Two-Year High
U.S. consumer confidence rose to a two-year high in January, according to the University of Michigan’s monthly consumer sentiment index released said Friday.
February 2, 2007Oshkosh’s Fiscal First-Quarter Earnings Slip; Sales Rise
Specialty truck maker Oshkosh Truck Corp.’s fiscal first-quarter profit fell to $41.2 million or 55 cents a share, from $53.1 million or 72 cents a year earlier, the company said Friday.
February 2, 2007Patriot Transportation’s Fiscal 1Q Income Improves
Patriot Transportation Holding reported net income of $2.2 million or 69 cents a share for its fiscal first quarter, up from $1.9 million or 62 cents a year earlier.
February 2, 2007Florida Storms Cause Accidents, Wreak Havoc in State
Big thunderstorms and tornadoes blew through central Florida Friday, killing as many as 19 people and causing accidents on interstates, including one that tossed a tractor-trailer airborne, news reports said.
February 2, 2007Saia Buys Wisconsin LTL Carrier for $2.5 Million
Less-than-truckload carrier Saia Inc. said Thursday it has acquired Wisconsin-based LTL company Madison Freight Systems for about $2.5 million.
February 1, 2007Canadian For-Hire Companies’ Revenue Rose in 2Q ’06
There were an estimated 3,336 for-hire trucking companies based in Canada with annual revenues of $1 million or more in the second quarter of 2006, almost unchanged from the same quarter in 2005, Statistics Canada said Thursday.
February 1, 2007ISM Manufacturing Index Shows Contraction in January
The Institute for Supply Management’s January manufacturing index showed a contraction, as factories reined in orders to trim inventories, ISM said Thursday.
February 1, 2007Landstar System’s Fourth-Quarter Income Declines
Truckload carrier Landstar System’s fourth-quarter net income fell to $28.7 million or 50 cents a share, from $41.8 million or 70 cents a year earlier.
February 1, 2007