Swift Transportation Co.’s first-quarter profit fell 74% because of a pending buyout, bad weather, higher fuel costs and lower demand.
April 19, 2007BusinessGovernmentSafety
Caterpillar’s Earnings Dip; Revenue Gains
Heavy equipment and diesel engine manufacturer Caterpillar Inc. said Friday that its first-quarter net income dipped 3% to $816 million, from a record $840 million a year ago.
April 20, 2007BusinessSafetyTechnologyEquipment
Landstar’s Quarterly Income Declines
Truckload carrier Landstar System said Thursday its first-quarter net income fell to $21.6 million or 38 cents a share, from $24.4 million or 41 cents a year ago.
April 19, 2007BusinessSafetyGovernment
Knight’s 1Q Income, Revenue Gain
Truckload carrier Knight Transportation said its first-quarter profit rose 5% to $16.6 million or 19 cents a share, from $15.8 million or 18 cents a year ago.
April 19, 2007BusinessSafety
Intermodal Volume Declines for Week
Rail carload freight rose modestly but intermodal traffic continued a downward trend last week, falling 3.6% compared with a year ago, the Association of American Railroads said Thursday.
April 19, 2007BusinessSafetyGovernment
Con-way’s First-Quarter Profit Falls
Con-way Inc.’s first-quarter income fell 29% as the company’s revenue declined, and the transportation firm lowered its 2007 earnings outlook.
April 17, 2007