Wednesday, February 21, 2018
Business
Paccar says 4Q profit fell 59 percent to $46.1 million

Paccar says 4Q profit fell 59 percent to $46.1 million

BELLEVUE, Wash. — Paccar Inc., which makes trucks and parts carrying the Kenworth, Peterbilt and DAF nameplates, reported Friday that its fourth-quarter profit tumbled 59 percent as sales dropped 23 percent.

Dana to consolidate, relocate heavy vehicle operations

Dana to consolidate, relocate heavy vehicle operations

KALAMAZOO, Mich. — Dana Holding Corp. will consolidate its Heavy Vehicle Products operations in Kalamazoo, Mich., and Statesville, N.C., into two locations in the Toledo, Ohio, area and a yet-to-be-determined location in Greater Detroit, the company said Jan. 28.

Factory activity fueling modest economic recovery

Factory activity fueling modest economic recovery

NEW YORK — Hopes that America's factories will help drive the economic recovery gained support Monday from news that manufacturing activity grew in January to its strongest point since 2004.

Saia posts smaller 4Q loss on cost cutting

Saia posts smaller 4Q loss on cost cutting

JOHNS CREEK, Ga. — Less-than-truckload carrier Saia posted a smaller fourth-quarter loss Friday after cutting costs.

Personal incomes, consumer spending up in December

Personal incomes, consumer spending up in December

WASHINGTON — Personal incomes rose more than expected in December and consumer spending increased for the third straight month, helping the economy slowly recover from the worst recession in decades.

Old Dominion profit slips, but freight levels stabilize in 4Q

Old Dominion profit slips, but freight levels stabilize in 4Q

THOMASVILLE, N.C. — Old Dominion Freight Line Inc. said Thursday its fourth-quarter profit fell, but tonnage on the less-than-truckload carrier declined more slowly -- and even picked up in December.

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