Business

Tank and bulk carrier Patriot Transportation Holding’s fiscal third-quarter net income declined to $2.4 million, or 25 cents a share, from $2.6 million, or 28 cents, a year ago.

Trailer manufacturer Wabash National Corp. reported a second-quarter profit compared with a loss a year ago, as trailer sales improved.

Factory orders decreased 0.8% in June, the Commerce Department said Wednesday.

Navistar International Corp. said late Tuesday it will close its truck plant in Ontario, Canada, that has been idled for two years due to labor issues.

Goodyear Tire & Rubber Co. said its second-quarter profit as sales jumped 24% to a quarterly record.

Echo Global Logistics said its second-quarter profit grew 50.3% to $2.9 million, or 13 cents per share, compared with $1.9 million, or 9 cents, a year ago.

American Axle & Manufacturing Holdings said its second-quarter profit rose to $49.2 million, or 65 cents per share, from $25.4 million, or 34 cents, a year ago.

The American Transportation Research Institute has released its annual survey to gauge the trucking industry’s top concerns.

Logistics firm Expeditors International of Washington said Tuesday its second-quarter profit rose 5% to $95 million, or 44 cents a share, from $90.3 million, or 42 cents, a year ago.

Interstate 710, known as the Long Beach Freeway, is the latest major Southern California traffic corridor to experience partial night closures this month due to construction work.