Transportation Topics

Manufacturing activity in the Chicago region grew in July, showing expansion for the tenth straight month, the Institute for Supply Chain Management-Chicago said Friday.

The U.S. gross domestic product rose at a 2.4% annual rate in the second quarter, the Commerce Department said Friday.

Universal Truckload Services' second-quarter profit rose to $4.6 million, or 29 cents per share, from $1.3 million, or 8 cents, a year ago.

Surface transportation trade among the United States, Canada and Mexico jumped 39.5% in May, the largest increase since records began, the Department of Transportation said Thursday.

The American Transportation Research Institute has updated its online guide of state and local anti-idling regulations, the group said Thursday.

Goodyear Tire amp; Rubber Co. said Thursday it returned to profit in the second quarter after a loss last year.

Canadian transportation and logistics firm TransForce Inc. said its second-quarter net income fell to C$17.1 million, or 18 cents a share, from C$18 million, or 21 cents, a year ago.

Saia Inc. said Thursday it earned a profit in the second quarter of $2 million, or 12 cents a share, compared with a loss of $1.8 million, or 13 cents a year ago.

Initial jobless claims fell by 11,000 last week, the Labor Department said Thursday.

Ocean shipper Horizon Lines earned a profit of $3.7 million, or 12 cents a share, in the second quarter, compared with a loss of $31.1 million, or $1.02, a year earlier.

Ryder System said Friday its second-quarter profit increased to $29.8 million, or 56 cents a share, from $22.9 million, or 41 cents, a year ago.

Canadian National Railway Co. said its second-quarter net income rose 21% to C$534 million, or C$1.13 per share, from C$387 million or 82 cents per share, a year earlier.

Iteris Inc., which makes lane-departure warning systems for the trucking industry, said Thursday its fiscal first-quarter profit jumped from a year ago.

Forward Air Corp. said late Thursday its second-quarter net income rose to $7.9 million, or 27 cents per share, from $2.8 million, or 10 cents, a year ago.

Volvo AB Thursday reported second-quarter net income of about $430 million, compared with a loss of about $760 million a year ago when orders were low.

The Massachusetts attorney general's office said FedEx Ground has agreed to pay the state $3 million to settle claims that FedEx allegedly misclassified its drivers as independent contractors.

Swift Corp. said its wholly owned subsidiary Swift Holdings Corp. has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering.

UPS Inc. said Thursday its second-quarter profit jumped 71% on stronger international shipments, and the company boosted its full-year earnings outlook.

Vitran Corp.'s second-quarter net income jumped to $1.7 million, 11 cents per share, up from $400,000, or 3 cents, a year ago.

USA Truck Thursday reported a $900,000 profit in the second quarter, compared with a $1.2 million loss a year ago.