COMPETITION WATCH: Mullen Group doubles Q1 profit
OKOTOKS, Alta. — Mullen Group saw its first quarter revenue surge 31.9% to $342.7 million compared to Q1 2010 while its profits more than doubled to $48.3 million over the same period. [Full Story]
COMPETITION WATCH: Trimac posts Q1 profit
CALGARY, Alta. — Trimac Transportation saw its Q1 revenue surge 11.4% y-o-y to $73 million while squeezing out a profit of $900,000. [Full Story]
Hardware: Delta’s E4 ULEnV is a Runner (video)
Filed under: Transportation News
Simon is named in patent lawsuit
Indianapolis-based Simon Property Group is entangled in a patent infringement lawsuit with a company claiming to own the design for wireless marketing in Simon’s malls.
Oshkosh’s 2Q Income Declines
Specialty truck maker Oshkosh Corp. said Thursday its fiscal second-quarter profit dropped from a year ago as sales of some military vehicles declined.
GDP Grew 1.8% in First Quarter
The U.S. economy grew at a 1.8% annual rate in the first quarter, the Commerce Department said Thursday.
Jobless Claims Rise for Week
Initial jobless claims increased by 25,000 last week, the Labor Department reported Thursday.
Six top Manitoba drivers recognized
WINNIPEG, Man. — Six Manitoba drivers have been rewarded for their professionalism by the Manitoba Trucking Association and Custom Truck Sales. [Full Story]
March Durable Goods Orders Up $5 Billion
New orders for manufactured durable goods in March increased $5 billion or 2.5 percent to $208.4 billion, according to the U.S. Census Bureau.
Daimlers car-sharing service car2go expands to Canada
Filed under: Transportation News