PHOENIX _ Knight Transportation Inc. on Wednesday reported third-quarter profit of $25.1 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share. Analysts expected $264.8 million, according to Zacks.» Read More
*Dow, S&P 500 ended at records on Monday. NEW YORK, June 3- U.S. stock index futures were a touch lower on Tuesday as traders found few reasons to buy with major indexes at record levels, though the market's recent upward momentum appeared intact. *The CBOE Volatility Index has also been lower than average, hovering near levels not seen since March 2013.
Nick Cohn, global traffic congestion expert at TomTom, discusses traffic congestion and how drivers could save a lot of time by using live traffic data.
NEW YORK, June 2- Element Financial Corp has agreed to buy PHH Corp's auto fleet leasing business for about $1.4 billion in cash, and will issue $1.1 billion in capital to pay for the deal, the two companies said on Monday.
WASHINGTON, June 2- Oil industry studies concluding that Bakken crude oil is safe to move by rail under existing standards may underestimate the dangers of the fuel and should not be the last word, U.S. lawmakers and industry officials said on Monday.
*TransForce says deal to add immediately to earnings. June 2- Canadian trucking company TransForce Inc said it would buy truckload company Transport America Inc from private equity firm Goldner Hawn Johnson& Morrison Inc in a $310 million deal to benefit from higher pricing in the United States.
NEW YORK, June 2- Element Financial Corp is finalizing a deal to buy PHH Corp's auto fleet leasing business for about $1.4 billion after the boards of both companies approved the transaction over the weekend, two sources familiar with the matter said on Monday.
June 2- Canadian trucking company TransForce Inc said it would buy truckload transport and logistics company Transport America Inc for $310 million, including debt, from private equity firm Goldner Hawn Johnson& Morrison Inc..
June 2- Canadian trucking company TransForce Inc said it would buy truckload transport and logistics company Transport America for $310 million, including debt, from private equity firm Goldner Hawn Johnson& Morrison Inc..
May 29- Canadian National Railway Chief Executive Claude Mongeau said on Thursday he expects U.S. regulators to phase out use of DOT-111 tank cars in three to five years, following a deadly explosion in Quebec last year.
Albany's tracks handle as much as a fourth of the oil pumped from North Dakota's booming Bakken Shale, or up to several 100- car trains per day, each carrying 70,000 barrels.
NEW YORK, May 25- Far be it from us to offer tips to Warren Buffett, the most celebrated stock picker of his age, but here goes:.
CNBC.com Managing Editor Allen Wastler reports a big market correction; the entitlement program and a French rail company ordering 2,000 trains too wide for platforms are the hottest topics among CNBC.com readers.
May 8- Priceline Group Inc, owner of the online travel agency known for its "name-your-own-price" services, reported a 36 percent rise in quarterly profit, as hotel and car rental bookings increased. The company's net income rose to $331.2 million, or $6.25 per share, in the first quarter ended March 31 from $244.2 million, or $4.76 per share, a year earlier.
May 7- Car rental company Avis Budget Group raised its full-year revenue and profit forecast, citing higher car rental volumes and rates in North America, and reported a higher-than-expected quarterly profit.
May 7- Car rental company Avis Budget Group reported a profit in the first quarter, compared with a loss a year earlier, helped by higher car rental volumes and rates in North America. Avis posted a net income of $4 million, or 3 cents per share, in the first quarter ended March 31, compared with a loss of $46 million, or 43 cents per share, a year earlier.
U.S. companies moving crude via rail must tell states when a cargo is moving across their jurisdiction, the Transportation Secretary said.
WASHINGTON, May 7- U.S. companies moving crude oil via rail must tell state officials when a cargo is moving across their jurisdiction, the U.S.
Amtrak CEO Joseph Boardman last week surprised transit officials with a shortened lifespan assessment of the Hudson River tunnels.
NEW YORK, May 4- Rail car makers, little-known winners of the North American energy boom, are capturing the attention of fund managers and regulators alike.
NEW YORK, May 3- When American investor Warren Buffett addresses Berkshire Hathaway's shareholders at the conglomerate's annual meeting on Saturday, he is sure to laud the impressive growth of BNSF Railroad, his company's largest-ever acquisition.