American Trucking Associations’ June for-hire truck tonnage index fell to a seven-month low and was down 3.4% from a year ago, ATA said late Friday.
July 27, 2007Search
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Second-Quarter GDP Tops Forecast
The U.S. economy grew at a 3.4% annual rate in the second quarter, the Commerce Department said Friday.
July 27, 2007SoCal Ports Reach Labor Pact
Union workers at the Southern California ports of Los Angeles and Long Beach reached a tentative agreement with shipping lines and terminal operators, averting the threat of a strike at the biggest U.S. port complex, the Los Angeles Times reported Friday.
July 27, 2007Universal Truckload’s Income Dips; Revenue Rises
Universal Truckload Services said late Thursday its second-quarter net income fell 12.6% to $4.7 million or 29 cents a share, from $5.4 million or 33 cents a year ago.
July 27, 2007ArvinMeritor to Close Ontario Plant
Heavy-duty components maker ArvinMeritor said Wednesday it would close a truck parts assembly plant in Ontario, Canada, in November.
July 26, 2007New 91ÊÓƵ Sales Plunge 6.6%
New home sales plunged 6.6% in June, the Commerce Department said Thursday.
July 26, 2007Durable Goods Orders Rise 0.5%
Durable goods orders fell 0.5% in June, the Commerce Department said Thursday.
July 26, 2007Volvo’s Second-Quarter Earnings Plunge
Truck maker Volvo AB posted its biggest profit decline in 18 months after stricter emissions rules caused U.S. truck sales to plunge 54%, Bloomberg reported Wednesday.
July 25, 2007Arkansas Best’s 2Q Profit Falls
Arkansas Best Corp. said Wednesday its second-quarter net income fell to $19.6 million or 78 cents a share, from $29 million or $1.13 a year ago.
July 25, 2007Covenant Reports 2Q Loss
Covenant Transportation Group said Wednesday it lost $11.3 million or 80 cents a share, compared with a loss of $398,000 or 3 cents a year earlier.
July 25, 2007