Friday, January 19, 2018
Business
YRC forecasts growth in 2Q pre-tax earnings

YRC forecasts growth in 2Q pre-tax earnings

NEW YORK — YRC Worldwide expects to report second quarter earnings of $35 million to $45 million before taxes, debt and amortization, the trucking company said Monday, as shipments begin to pick up.

Heavy-duty sector rebound on track; medium-duty still sluggish

Heavy-duty sector rebound on track; medium-duty still sluggish

COLUMBUS, Ind. — A number of freight transportation and commercial vehicle market factors are aligning and setting the stage for continued improvement in demand for heavy-duty vehicles in the second half of 2010 and into 2011, according to the market analysts at ACT Research Co. (ACT).

Analysis: 800-pound gorilla arrives, Pilot and Flying J merger complete

Analysis: 800-pound gorilla arrives, Pilot and Flying J merger complete

On June 30, after almost a year of waiting, Pilot and Flying J completed the merger of their two truck stop operations, creating a network of more than 550 interstate locations in 43 states and six provinces in Canada, employing over 20,000 people, selling an estimated 4 billion gallons of diesel fuel a year.

Wholesale inventories rise 0.5 percent in May

Wholesale inventories rise 0.5 percent in May

WASHINGTON — Inventories held by wholesalers rose for a fifth consecutive month in May but sales fell for the first time in more than a year, sending a mixed signal about the strength of the recovery.

TCP survey: Truckers interest in equipment varies

TCP survey: Truckers interest in equipment varies

NASHVILLE, Tenn. — Carriers are considering engines, EOBRS, and credit availability as they plan for the year ahead for equipment, according to the second quarter Business Expectation Survey by Transport Capital Partners LLC.

Retailers post tepid June, start to discount more

Retailers post tepid June, start to discount more

NEW YORK — Americans didn’t go on many shopping sprees in June, resulting in sluggish sales for many retailers. It often took deeply discounted clothing to get shoppers to spend — and then only if they needed it.

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