Mullen’s 2Q Income Dips
Canadian transportation firm Mullen Group said net income fell in the second quarter as the Canadian economy grew little.
July 24, 2014Jobless Claims Decrease to Eight-Year Low
The number of Americans filing applications for unemployment benefits dropped last week to the lowest level in more than eight years.
July 24, 2014June Trailer Orders Jump 44%
New trailer orders jumped 44% in June from a year ago as high demand for new equipment continued into the summer, ACT Research reported.
July 23, 2014Ryder’s Second-Quarter Net Income Rises
Ryder System said its second-quarter earnings rose from a year ago, as its fleet management and supply chain units revenue increased.
July 23, 2014Allison’s Second-Quarter Earnings Rise
Allison Transmission Holdings reported its second-quarter net income increased on continued recovery of the North American on- and off-highway markets.
July 23, 2014Senate Agrees on Path Forward For Trust Fund Bill
Senators have reached an agreement on how to debate a highway funding bill, setting up floor votes on the measure early next week, Majority Leader Harry Reid (D-Nev.) said.
July 23, 2014Norfolk Southern’s 2Q Profit Rises 21%
Norfolk Southern Corp. said its second-quarter profit increased 21% and revenue rose 9%.
July 23, 2014Daimler’s Revenue Rises in 2Q, Income Drops
German truck and auto maker Daimler AG reported a 6% increase in second-quarter revenue, but net profit declined after a large gain last year from the sale of its stake in Airbus’s parent company.
July 23, 2014Canadian Railroads’ Second-Quarter Earnings Rise
Canada’s two major freight railroads reported higher second-quarter earnings from a year ago, recovering from challenging winter conditions last quarter.
July 23, 2014Landstar’s Second Quarter Income Rises
Landstar System reported its second-quarter net income rose to $35.9 million, or 80 cents per share, from $30.4 million, or 66 cents, a year ago.
July 23, 2014