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Timken Posts Record 2011 Sales and Earnings; Projects Strong Outlook for 2012

CANTON, Ohio, Jan. 26, 2012 /PRNewswire-FirstCall/ -- The Timken Company (NYSE: TKR) today reported record sales of $5.2 billion for 2011, up 28 percent from the prior year on strong demand from diverse industrial markets. The increase primarily reflects growth...

Group 1 Automotive Acquires Hilton Head BMW Dealership

  HOUSTON, Jan. 26, 2012 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), a Fortune 500 automotive retailer, today announced the acquisition of Hilton Head BMW in Blufton, S.C., that is expected to generate $45.0 million in estimated annual revenues. "Hilton Head...

Hub Group, Inc. Reports Fourth Quarter Earnings per Share of $0.48 Excluding One-Time Costs

DOWNERS GROVE, Ill., Jan. 26, 2012 /PRNewswire/ -- Hub Group, Inc. (NASDAQ: HUBG) today announced financial results for the quarter and year ended December 31, 2011. Hub Group reported income of $17.0 million for the fourth quarter ended December 31,...
Freelancer.com topped $100M in user earnings in 2011 ​

Freelancer.com remains world's No. 1 outsourcing portal

Bringing in 0.3 percent of the world's overall Internet traffic, freelancer.com continues to make waves in the global outsourcing marketplace

Caterpillar Inc. Maintains Dividend Rate and Reaffirms Outlook

PEORIA, Ill., Dec. 14, 2011 /PRNewswire/ -- The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to maintain the quarterly cash dividend of forty-six ($0.46) cents per share of common stock, payable February 18, 2012, to stockholders...

Group 1 Automotive to Participate in Credit Suisse Consumer Conference

HOUSTON, Dec. 2, 2011 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), a Fortune 500 automotive retailer, today announced that executive management is scheduled to participate in the 2nd Annual Credit Suisse Consumer Conference in Orlando, Fla. Group 1's management...

Changes Needed to Deal with Truck Driver Fatigue

The NTSB estimates that truck driver fatigue is a factor in 20 to 40 percent of all truck crashes.
Union Pacific revenue increased 16% ​

Freight rail volumes increase for Union Pacific

Thanks largely to rate increases, Union Pacific's third quarter revenues increase by 16 percent
CSX Transportation's Q3 growth was anticipated ​

CSX Q3 freight rail growth in line with projections

Economists hit CSX Transportation Q3 projection right on, as East Coast freight rail company earnings show a 12% gain

Changes Needed to Deal with Truck Driver Fatigue

The NTSB estimates that truck driver fatigue is a factor in 20 to 40 percent of all truck crashes.
Roadrunner will merge with Prime Logistics for $97.5M ​

Roadrunner Transportation to acquire Prime Logistics

Roadrunner Transportation Systems announces merger agreement with Prime Logistics Corporation
SenseAware from FedEx adds visibility to logistics ​

FedEx raises North American shipping prices

Facing rising fuel prices, FedEx increases shipping rates 6.8 percent for freight shipments between the U.S., Canada and Mexico
Kuehne+Nagel view Brazil as a rising market ​

Kuehne + Nagel expand Brazilian market

Shipping leader Kuehne + Nagel continues to reach out to South America by growing in the Brazilian logistics market
Lufthansa Cargo has grown through a recession ​

Lufthansa strengthens position in air freight industry

German-based Lufthansa Cargo continues to capture a greater market share; report says recession to blame
IBM's cloud capabilities are better now with Emptoris ​

IBM raises expectations after strong first quarter

Software sales up 16% as IBM's WebSphere and Information Management sales shoot through the roof
Apple's supply chain might finally be showing cracks ​

Apple supply chain remains intact

Apple posts biggest non-holiday quarter in company history despite Japanese earthquake
Luke Donald evades snow in Arizona, wins Accenture Match Play ​

Who is Luke Donald? Champion of PGA’s Accenture Match Play, that’s who

Luke Donald evaded snow, sleet, rain and hail at the Ritz-Carlton in Marana, Ariz., on Sunday to become 2011’s champion of the Accenture Match Play Championship. Donald, who hails from England and turned professional in 2001, defeated Germany’s Martin Kaymer in the final on Sunday, which featured all types of weather, except for the one that Arizona is most known for: HEAT.
Celadon Group reports improved revenue ​

Celadon Group reports revenue up 18.9%

Freight revenue, excluding fuel surcharges, increased 12 percent to $116.7 million in the June quarter, from $104.2 million in the 2009 quarter. Net income was also up at Celadon Group to $2.7 million from $0.2 million last year.
Aramex saw strong growth in Q2 results ​

Aramex Q2 profit up 10%

The global logistics and transportation solutions provider, Aramex, reported its second quarter earnings for the three months ending June 30, 2010. The UAE-based company announced net profits of AED 55 million, a 10 percent rise over the AED 50 million posted in the corresponding period in 2009.
UPS Q2 earnings up 71 percent ​

UPS Q2 earnings surge 71%

The package delivery company reported that global revenue rose 13 percent, generating a 57 percent increase in operating profit to $1.4 billion. UPS said that on a reported basis, diluted earnings per share were up 91 percent over the $0.44 in the second quarter 2009.
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