UPS Inc. said Thursday its second-quarter profit fell 49% to $445 million, or 44 cents a share, from $873 million, or 85 cents, a year ago.
July 23, 2009BusinessLogistics
Existing 91ÊÓƵ Sales Improve in June
Existing homes sales rose for the third straight month in June, the National Association of Realtors said Thursday.
July 23, 2009GovernmentBusinessSafety
Vitran’s Second-Quarter Profit Declines
Vitran Corp. said Thursday its second-quarter income fell to $400,000, or 3 cents a share, compared with $4.6 million, or 34 cents, a year ago.
July 23, 2009BusinessLogistics
Union Pacific’s 2Q Profit Falls
Union Pacific Corp.’s second-quarter profit fell 12% to $468 million, or 92 cents per share, from $531 million, or $1.02, a year ago.
July 23, 2009Business
Rush Reports Second-Quarter Loss
Truck dealership Rush Enterprises lost $1.5 million, or 4 cents a share, compared with net income of $6.1 million, 16 cents, in the same quarter last year.
July 23, 2009BusinessSafetyGovernment
Knight’s 2Q Income Flat from a Year Ago
Truckload carrier Knight Transportation’s second-quarter profit was about even with a year ago at $12.6 million, or 15 cents a share, compared with last year’s $12.7 million, or 15 cents.
July 22, 2009Business
Hub Group’s Second-Quarter Profit Drops
Hub Group Inc. said late Wednesday its second-quarter net income fell to $8.3 million, or 22 cents a share, from $15 million, or 40 cents, a year ago.
July 22, 2009BusinessGovernment
Arkansas Best Reports 2Q Loss
Arkansas Best Corp. reported a second-quarter loss of $15.4 million, or 62 cents a share, compared with a profit of $16.2 million, or 63 cents, a year ago.
July 22, 2009Business
Old Dominion’s Second-Quarter Profit Declines
Old Dominion Freight Line said Wednesday its second-quarter profit fell to $10.7 million, or 29 cents per share, from $23.9 million, or 64 cents, a year ago.
July 22, 2009BusinessLogistics
C.H. Robinson Acquires European Freight Forwarder
Third-party logistics firm C.H. Robinson Worldwide said that it had acquired London-based Walker Logistics Overseas, an international freight forwarder.
July 22, 2009