Landstar’s 1Q Income Rises to $27.6 Million
Landstar System reported its first-quarter net income rose to $27.6 million, or 61 cents per share, from $26.7 million, or 57 cents, a year ago.
April 24, 2014Orders for Durable Goods Rise in March
Orders for goods meant to last at least three years increased 2.6% in March, the biggest gain since November, after rising 2.1% the prior month, the Commerce Department reported April 24.
April 24, 2014Jobless Claims Rise by Most in a Month
Jobless claims increased by 24,000 to 329,000 in the week ended April 19, the most in a month, the Labor Department reported.
April 24, 2014VW’s Scania Bid Gets Backing From Shareholder Group
Volkswagen AG’s $9.2 billion bid to buy the rest of heavy-truck maker Scania AB received a boost after Scania’s fourth-largest shareholder backed the deal.
April 24, 2014N.H. Lawmakers Vote to Increase Fuel Taxes
New Hampshire lawmakers voted to raise the state’s 19.625-cent fuel tax by 4 cents starting July 1.
April 23, 2014Stoughton Files Dumping Complaint Over Chinese Containers
U.S. equipment manufacturer Stoughton Trailers said it has filed an unfair trade petition that charges Chinese manufacturers of 53-foot domestic containers with dumping their equipment at unreasonably low prices in the U.S. market.
April 23, 2014P.A.M. Swings to First-Quarter Profit
P.A.M. Transportation Services reported first-quarter net income of $1.36 million, or 17 cents per share, turning around a loss of $450,000, or 5 cents, in the prior year.
April 23, 2014Heartland Express’ 1Q Net Income Falls 29%
Heartland Express’ first-quarter income fell 29% to $14.1 million, or 16 cents per share, as winter weather-related cost increases drove down profits.
April 23, 2014Norfolk Southern’s First Quarter Profit Declines
Norfolk Southern Corp. said its first-quarter profit declined and operating revenue dropped 2%.
April 23, 2014Knight Transportation’s 1Q Earnings Jump 26%
Knight Transportation’s first-quarter earnings rose 26% to $19.1 million, or 23 cents per share, powered by stronger rates.
April 23, 2014