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Goodyear's 1Q Loss Narrows
Goodyear Tire & Rubber Co. said Wednesday its first-quarter loss was less than a loss in the same quarter last year.
Groups Ask FMCSA to Streamline Intermodal Interchange
Trade groups representing ocean carriers and lessors that provide chassis to drayage carriers have asked the Federal Motor Carrier Safety Administration to streamline the intermodal interchange process and cut down on paperwork for truckers.
Truck Tonnage Jumps 7.5%
U.S. truck tonnage jumped 7.5% in March from a year ago, the fourth straight year-over-year increase, American Trucking Associations said.
Vitran's First-Quarter Loss Narrows
Vitran Corp. said late Tuesday it lost $900,000, or 6 cents a share, in the first quarter, narrowing its loss of $2.4 million, or 17 cents, in the same period last year.
P.A.M. Lowers First-Quarter Loss
P.A.M. Transportation Services said it lost $315,000 in the first quarter, compared with a $3.3 million loss a year ago.
ODFL's 1Q Income Improves
Old Dominion Freight Line said Wednesday its first-quarter profit rose to $7.7 million, or 21 cents per share, from $4 million, or 11 cents, a year ago.
Norfolk Southern's Profit Jumps
Norfolk Southern Corp. reported that its first-quarter profit rose 45% from a year ago.
Canadian Pacific's 1Q Profit Improves
Canadian freight railroad Canadian Pacific's first-quarter net income jumped 74% to C$99.8 million, or 59 cents per share, from C$57.3 million, or 36 cents, a year earlier.
Kansas City Southern's 1Q Profit Rises
Kansas City Southern said it earned $32.6 million, 34 cents a share, in its first quarter, compared with a loss of $8.1 million, or 9 cents, the previous year.
Cummins' 1Q Income Improves
Cummins Inc. said Tuesday its first-quarter profit jumped to $149 million, or 75 cents a share, from $7 million, or 4 cents, a year ago.
UPS Reports Higher 1Q Income
UPS Inc. Tuesday formally issued its first-quarter earnings statement, matching the increase it first released earlier this month, and said its sales rose 7.2%.
Ford Reports $2.1 Billion 1Q Profit
Ford Motor Co. Tuesday posted a $2.1 billion first-quarter profit and said it would be profitable this year, the Associated Press reported.
Consumer Confidence Rises to Highest Level Since 2008
Consumer confidence grew this month to its highest level since September 2008, the New York-based Conference Board reported.
CN's Profit Jumps 21% in 1Q
Canadian National Railway Co. said its first-quarter net income rose 21% to C$511 million, or C$1.08 per share, from C$424 million or 90 cents per share, a year earlier.
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