STOCKHOLM — Swedish truck maker AB Volvo on Friday posted a near $236 million net profit for the first quarter, significantly beating analyst forecasts through cost reductions and improved productivity in key units.
FORT SMITH, Ark. — Less-than-truckload carrier Arkansas Best Corp. on Friday reported a wider first-quarter loss due to still-weak freight levels, low pricing and higher costs.
SACRAMENTO, Calif. — Covenant Transport Inc. was honored for its outstanding safety record at the California Trucking Association’s Fleet Safety Awards Banquet in Sacramento April 7, the company reports. Covenant received first place in the General Commodity Truckload Over 7 Million Miles Division, and first place in the Local Under 4 Million Miles Division.
WASHINGTON — New orders for large manufactured goods were down last month. But excluding the volatile transportation sector, orders rose by the most since the recession began.
INDIANAPOLIS — Celadon Group Inc. reports its Celadon Trucking Services was awarded by Walmart Stores Inc. its prestigious General Merchandise Diamond Carrier of the Year.
CHICAGO — DSC Logistics, a company that began in 1960 as a single warehouse and has transformed to become one of the nation’s leading logistics and supply chain management partners, kicked-off its 50th Anniversary celebration Wednesday.