Heavy-duty truck maker Paccar Inc. said its third-quarter profit about matched that of the same quarter a year ago, as it earned $299 million, or 82 cents a share, compared with $302.3 million, or 81 cents, a year ago.
October 21, 2008GovernmentBusinessLogistics
CN's Quarterly Profit Improves
Canadian National Railway, Canada鈥檚 largest railroad, said its net income rose 14% to C$552 million in the third quarter, or C$1.16 a share, from C$485 million, or 96 cents, a year ago.
October 21, 2008Business
DHL Exel Promotes Three Key Executives
DHL Exel Supply Chain, a unit of Deutsche Post, announced several top management changes Tuesday.
October 21, 2008BusinessSafetyGovernmentLogistics
Opinion: Just What the Doctor Ordered
The Federal Motor Carrier Safety Administration soon will introduce a program that will list certified medical examiners on a national registry and require all interstate commercial truck drivers to obtain their medical certification from an approved examiner.
October 21, 2008BusinessSafetyTechnologyGovernmentLogistics
Greatwide Logistics to be Acquired by Investor Group
Greatwide Logistics Services, a provider of non-asset-based transportation and third-party logistics services, said it will be acquired by a private investor group.
October 21, 2008Business
Caterpillar鈥檚 Third-Quarter Income Slips 6%
Heavy equipment and diesel engine maker Caterpillar Inc. said Tuesday its third-quarter profit fell 6% on weaker worldwide economies and higher commodities costs.
October 21, 2008Business
Letters to the Editor: Beyond Duty鈥檚 Call, Dear Mr. President
I am sending this in reference to one of my drivers, Phil Glover. A few days after Hurricane Gustav hit Louisiana, we were lucky enough to lease him. We were affected by that hurricane and suffered damage to our terminal. We put him to work right away moving generators around for Entech out of Garland, Texas.
October 21, 2008GovernmentBusinessLogisticsFuel
Diesel Falls 17.7垄 to $3.482; Gas Drops 23.7垄 to Below $3
Diesel鈥檚 national average pump price fell for the 13th time in the last 14 weeks, declining 17.7 cents to $3.482 a gallon, the Department of Energy said Monday.
October 21, 2008BusinessFuelGovernment
Forward Air鈥檚 3Q Income Improves
Forward Air Corp.鈥檚 third-quarter profit rose to $12.1 million, or 42 cents a share, from $10.8 million, or 36 cents, a year ago.
October 20, 2008Business
Marten鈥檚 Third-Quarter Profit Doubles
Refrigerated truckload carrier Marten Transport said late Monday its third-quarter net income rose to $6.1 million, or 28 cents a share, from $3.1 million, or 14 cents, a year ago.
October 20, 2008