Echo Global Logistics’ Profit Declines
Echo Global Logistics said its first-quarter profit fell from a year ago, but its revenue improved.
April 26, 2013Intermodal Traffic Rises 0.6% for Week
U.S. rail intermodal traffic rose 0.6% to 240,698 units last week, over the same week a year ago, the Association of American Railroads said.
April 26, 2013Celadon Group’s Income, Revenue Decline
Celadon Group’s fiscal third-quarter net income declined, due in part to fewer business days and bad weather in the quarter, the company said late Thursday.
April 26, 2013UPS Reports Higher 1Q Profit; Reaffirms Earnings Guidance
UPS Inc. Thursday reported a higher first-quarter profit on strong e-commerce sales, reaffirmed its full-year earnings guidance and said it plans to buy a Hungary-based logistics company.
April 25, 2013Volvo’s Quarterly Profit Drops; Truck Orders Improve
Volvo AB’s first-quarter earnings plunged as truck sales fell, but the company reported its first boost in truck orders in six quarters, it said Thursday.
April 25, 2013Daimler Sets China Truck-Bus Business Unit
Daimler AG said it has established a truck and bus unit in China to help boost its commercial vehicle business in that country.
April 25, 2013Volkswagen Moves to Fully Control MAN as Companies’ Boards Approve Plan
Volkswagen AG moved closer to combining the three truck businesses it controls, with a deal to take full stewardship of MAN SE.
April 25, 2013P.A.M. Reports First-Quarter Loss
P.A.M. Transportation Services posted a first-quarter loss compared with a profit in the year-ago period.
April 25, 2013Landstar’s Profit Matches Year-Ago Level
Truckload carrier Landstar System said Thursday its first-quarter net earnings matched its profit from the same period last year, which was a first-quarter record for earnings per share.
April 25, 2013Dana’s Profit Declines on Lower Demand
Dana Holding Corp. said Thursday its first-quarter profit declined from a year ago, on lower demand from the North American commercial vehicle market.
April 25, 2013