Con-way Inc. said its first-quarter profit jumped from a year ago as its truckload, less-than-truckload and logistics operations all improved.
May 2, 2012BusinessTechnology
Intermec’s 1Q Loss Widens, CEO Departs
Supply chain technology company Intermec said its first-quarter loss widened from a year ago and announced the departure of its CEO, Patrick Byrne.
May 3, 2012BusinessEquipment
Visteon Posts 1Q Loss on Restructuring Costs
Visteon Corp. reported a first-quarter loss on Wednesday, citing restructuring charges.
May 2, 2012BusinessAutonomous
Penske Truck Leasing Plans Refinancing
Penske Truck Leasing Co. plans to refinance $6.4 billion in debt over the next two years, Bloomberg reported.
May 2, 2012Business
U.S. Auto Sales Improve in April
U.S. sales of cars and light trucks rose 2.3% in April to 1.18 million vehicles, Bloomberg reported.
May 2, 2012Business
Factory Orders Decline 1.5%
Factory orders fell 1.5% in March, led by a decline in aircraft output, the Commerce Department said Wednesday.
May 2, 2012Business
Frozen Food Express’ 1Q Loss Narrows
Frozen Food Express Industries said late Tuesday that its first-quarter loss narrowed from a year ago.
May 2, 2012Business
Wabash National Posts Higher 1Q Profit
Wabash National Corp. reported a higher first-quarter profit as trailer shipments increased.
May 2, 2012GovernmentBusiness
NAFTA Surface Trade Rises 17.4% in February
Surface trade among the United States, Canada and Mexico rose 17.4% in February from a year ago, the Department of Transportation said.
May 1, 2012GovernmentBusinessSafetyAutonomous
FMCSA Hears from Drivers, Carriers on EOBR Issue
BELLEVUE, Wash. — Several dozen truck drivers, motor carriers and law enforcement officers gave federal regulators a candid array of opinions on whether a planned electronic logging device mandate would be properly used as a safety device and fleet productivity tool.
May 1, 2012