Daimler Posts Profit; N. American Truck Sales Drop
Daimler AG said Thursday it posted a fourth-quarter profit of $2.5 billion compared with a loss of about $17.5 million a year ago.
February 14, 2008Two Trucking Firms Project Lower Results
Two trucking firms forecast difficult quarters for their upcoming earnings statements.
February 14, 2008Goodyear Reports Fourth-Quarter Profit
Goodyear Tire & Rubber Co. said Thursday it earned $52 million, or 23 cents a share, in the fourth quarter, compared with a loss of $358 million, or $2.02 per share, a year earlier.
February 14, 2008N.J. Tolls Plan Could Cut Trucking, Warehouse Business
Trucking companies and warehouses in New Jersey that are bracing for higher tolls may exit the state altogether to avoid what could be 800% increases in toll costs by 2020, the New York Times reported Thursday.
February 14, 2008Jobless Claims Drop by 9,000 for Week
Initial jobless claims fell by 9,000 for the week ended Saturday, the Labor Department said Thursday.
February 14, 2008TTNews to Close Monday for Holiday
Transport Topics Online will be closed Monday for the Presidents’ Day holiday. Please check back on Tuesday, Feb. 17, for the latest trucking and freight transportation news.
February 13, 2008NATSO Launches New Program Focusing on Truck Stop Safety
LAKE BUENA VISTA, Fla. — NATSO, the national trade group representing truck stops and travel plazas, unveiled a new public education program here Jan. 24 as a way to help truck stops address drivers’ concerns, such as safety.
February 13, 2008DOT Freight Index Drops
The Department of Transportation’s freight transportation services index for December fell 0.1% from a year earlier, DOT said Wednesday.
February 13, 2008DHL to Cut 600 U.S. Jobs
DHL Express USA will cut 600 jobs to reduce costs, as a slowing U.S. economy dampens package shipment demand, Bloomberg reported.
February 13, 2008Velocity Express’ Fiscal 2Q Loss Narrows
Velocity Express said Wednesday it lost $10.7 million, or $3.82 a share, in its fiscal second quarter ended Dec. 29, compared with a loss of $15.2 million, or $9.16, a year earlier.
February 13, 2008