Trucking Business News

About Business News...

Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Business

Landstar’s 3Q Earnings Increase

Truckload carrier Landstar System said its earnings per share rose to a third-quarter record.

October 25, 2012
Business

Old Dominion’s 3Q Income Rises

Old Dominion Freight Line said its income and revenue jumped, with earnings per share and revenue reaching third-quarter records.

October 25, 2012
Business

Paccar Reports Lower 3Q Profit

Paccar Inc. reported a lower third-quarter profit compared with a year ago, reflecting lower truck orders in North America.

October 25, 2012
Business

Knight Transportation’s 3Q Income Flat

Knight Transportation said its third-quarter profit was flat from a year ago due in part to higher fuel prices and a slower economy.

October 25, 2012
Business

Mullen Group’s 3Q Income Jumps

Canadian transportation firm Mullen Group said its third-quarter profit increased almost 300%, primarily from foreign exchange-rate accounting, though its operating income fell 13.2%.

October 25, 2012
Business

Vitran Reports Third-Quarter Loss

Vitran Corp. reported a third-quarter loss Thursday as its less-than-truckload operations declined.

October 25, 2012
Business

P.A.M. Swings to Third-Quarter Profit

P.A.M. Transportation Services posted a third-quarter profit, turning around a loss from the year-ago period.

October 25, 2012
Business

Durable Goods Rise, Led by Aircraft Orders

Durable goods orders jumped 9.9% in September, led by a surge in aircraft orders, the Commerce Department said Thursday.

October 25, 2012
Business

Initial Jobless Claims Fall for Week

Initial jobless claims decreased by 23,000 last week, the Labor Department said Thursday.

October 25, 2012
Business

Pacer’s Third-Quarter Income Declines

Pacer International’s third-quarter net income fell, as its intermodal and logistics margins declined from a year ago.

October 25, 2012