Trucking Business News

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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

YRC Reports Smaller Loss, Posts Operating Income for 2Q

YRC Worldwide said Friday its second-quarter loss narrowed and the company reported positive operating income for the period.

August 3, 2012
BusinessFuel

Oil Jumps $4 Following Jobs Report

Oil jumped by more than $4 Friday, the biggest gain in a month, following a report that more U.S. jobs were created in July than economists had expected, Bloomberg reported.

August 3, 2012
Business

Trucking Gains 3,100 Jobs as July Payrolls Rise

U.S. payrolls jumped by 163,000 in July and trucking jobs rose by more than 3,000, the Labor Department said Friday.

August 3, 2012
Business

ATA Seeks ‘Good Stuff’ Trucking Image Award Nominations

American Trucking Associations said Friday it is seeking nominations for its sixth annual Mike Russell “Good stuff” Trucking Image Award.

August 3, 2012
BusinessEquipment

ISM Services Index Improved in July

An index of the U.S. economy’s service sector improved in July, the Institute for Supply Management said Friday.

August 3, 2012
BusinessLogistics

Intermodal Traffic Rises 4.1% for Week

U.S. intermodal traffic rose 4.1% last week from a year ago, the Association of American Railroads reported.

August 3, 2012
Business

Navistar to Add Cummins Engines, Aftertreatment

Navistar International Corp. said Thursday it will begin offering 15-liter Cummins engines in some of its International brand trucks and will incorporate Cummins’ urea-based aftertreatment into its MaxxForce engines.

August 2, 2012
Business

Court Again Dismisses ABF’s Suit Against YRC, Teamsters

An Arkansas district court judge has dismissed, for the second time, a suit filed by Arkansas Best Corp. against fellow less-than-truckload carrier YRC Worldwide and the Teamsters union.

August 2, 2012
Business

Old Dominion’s 2Q Profit Rises

Old Dominion Freight Line said Thursday its second-quarter net income rose to $47.8 million, or 83 cents per share, from $39.4 million, or 69 cents, a year ago.

August 2, 2012
Business

Roadrunner’s 2Q Profit Jumps

Roadrunner Transportation Systems’ second-quarter operating income jumped by about 50%, led by strong less-than-truckload growth.

August 2, 2012