Volvo AB Friday reported its second consecutive quarterly loss and predicted a decline in European and North American truck markets, Bloomberg reported.
April 24, 2009FuelBusinessGovernment
Fleet Bankruptcy Pace Slows
Lower fuel prices, along with the assistance of some forgiving financiers, limited the number of first-quarter trucking bankruptcies to 480, slightly more than in the last three months of 2008, but far below the 935 firms that failed in the corresponding period a year ago.
April 27, 2009Business
O&S President Elected Mayor
James O鈥橬eal, president of O&S Trucking Inc., has been elected mayor of Springfield, Mo.
April 27, 2009BusinessGovernment
March New 91视频 Sales Fall 0.6%
New home sales fell 0.6% in March, the Commerce Department said Friday.
April 24, 2009BusinessGovernment
Durable Goods Orders Decline 0.8%
Durable goods orders fell 0.8% in March, the Commerce Department said Friday.
April 24, 2009Business
YRC Reports $257 Million First-Quarter Loss
YRC Worldwide said late Thursday it lost $257 million, or $4.34 per share, in the first quarter, compared with a loss of $46.4 million, or 82 cents, a year ago.
April 24, 2009Business
Con-way Says It Lost $154 Million in First Quarter
Con-way Inc. said it lost $154 million, or $3.35 per share, in the first quarter, compared with earning $22.5 million, or 47 cents, a year ago.
April 24, 2009Business
Grocery Chain Supervalu Reports Fiscal 4Q Loss
Grocery chain Supervalu Inc. reported a loss for its fiscal fourth quarter ended Feb. 28, primarily on a goodwill charge, the Associated Press reported.
April 24, 2009Business
GM to Temporarily Close 13 U.S. Plants
General Motors Corp. will idle 13 U.S. assembly plants for several months this summer to trim inventory after U.S. sales fell 49% this year in the first quarter, Bloomberg reported.
April 24, 2009Business
BNSF鈥檚 First-Quarter Profit Drops 55%
Burlington Northern Santa Fe Corp.鈥檚 first-quarter profit fell 55% on a one-time charge and lower shipping demand.
April 23, 2009