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

Daimler’s Truck Unit Posts Higher 2Q Profit on Strong Sales

Daimler AG said Wednesday its truck unit’s second-quarter earnings and revenue rose on higher sales.

July 25, 2012
BusinessLogistics

Frozen Food Express Swings to 2Q Profit

Frozen Food Express Industries reported a second-quarter profit, turning around a loss from a year ago, as its brokerage and logistics results improved.

July 25, 2012
BusinessLogistics

C.H. Robinson Reports Higher 2Q Profit

C.H. Robinson Worldwide reported higher a second-quarter profit, led by improved performance in its logistics operations.

July 25, 2012
Business

New ºÚÁϳԹÏÍø Sales Fall From Two-Year High

New home sales fell 8.4% in June from a two-year high, led by a record plunge in the Northeast, the Commerce Department said Wednesday.

July 25, 2012
Business

Caterpillar Posts $1.7 Billion Profit, Boosts Outlook

Heavy equipment maker Caterpillar Inc. Wednesday reported a $1.7 billion second-quarter profit and boosted its full-year earnings outlook.

July 25, 2012
BusinessLogistics

Norfolk Southern’s 2Q Profit Drops

Norfolk Southern Corp. said its second-quarter profit dropped 6%, but income from railway operations rose 7% to $934 million.

July 25, 2012
Business

Canadian Railroads Report Mixed 2Q Earnings

Canada National Railway Co. reported higher second-quarter earnings and Canadian Pacific Railway Co. reported a drop.

July 25, 2012
Business

HOS Rule Will Add Significant Costs, ATA Says in Court Filing

The hours-of-service rules set to take effect next year for truck drivers will add a significant cost to the trucking industry without providing much of a benefit, American Trucking Associations said Tuesday in a court filing.

July 24, 2012
BusinessAutonomous

Paccar Posts Higher 2Q Profit; Warns on Slowing Economy

Paccar Inc. Tuesday reported its second-quarter profit rose 24% from a year ago, but warned that a slowing economy could crimp truck orders later this year.

July 24, 2012
Business

UPS Reports Higher 2Q Profit; Cuts Forecast

UPS Inc. reported a higher second-quarter profit but cut its full-year earnings forecast, citing concern of a slowing global economy.

July 24, 2012