Government
Business, Government

Fed Sees Some Upturns in Trucking Business

Rob Kruyt/ Bloomberg News

Federal Reserve districts reported some regional upturns in the trucking business, the Fed said in its latest “beige book” survey of economic conditions.

Transport Topics
April 25, 2007
Business, Government, Safety

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April 25, 2007
Business, Government

ABF’s 1Q Profit Declines

Arkansas Best Corp. said Wednesday its first-quarter net income fell to $4.8 million or 19 cents a share, from $6.1 million or 24 cents a year ago.

Transport Topics
April 25, 2007
Business, Government

New Home Sales Rise 2.6%

New home sales rose for the first time in six months in March, gaining 2.6%, the Commerce Department said Wednesday.

Transport Topics
April 25, 2007
Government, Business, Safety

DOT Clears 23 Mexican Carriers For Cross-Border Pilot Project

By Sean McNally, Senior Reporter

This story appears in the April 23 print edition of Transport Topics. Click here to subscribe today.

April 25, 2007
Business, Government

Durables Orders Rise 3.4%

Durable goods orders rose 3.4% in March, the Commerce Department said Wednesday.

Transport Topics
April 25, 2007
Government, Business, Safety, Logistics

C.H. Robinson’s Profit Improves

Transportation and logistics firm C.H. Robinson Worldwide said its first-quarter net income jumped 25.6% to $73 million or 42 cents a share, up from $58.1 million or 33 cents a year ago.

Transport Topics
April 24, 2007
Business, Government, Equipment, Autonomous

Michelin’s 1Q Sales Gain

Larry Smith/Trans Pixs

Tire maker Michelin & Cie. said its first-quarter sales rose 5.5% on higher prices and demand from truck makers, Bloomberg reported.

Transport Topics
April 24, 2007
Fuel, Business, Logistics, Government

Diesel Drops 2.6¢ to $2.851

Larry Smith/Trans Pixs

The national average price of retail diesel fuel fell for the first time in a month, dropping 2.6 cents to $2.851 a gallon, the Energy Department said Monday.

Transport Topics
April 24, 2007
Business, Government, Safety, Fuel, Autonomous

Truckers Concerned on New Engines’ Mileage, Journal Reports

Trucking companies are concerned that new emissions rules in effect this year are hurting mileage and their bottom lines, the Wall Street Journal reported Tuesday.

Transport Topics
April 24, 2007

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