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.

GovernmentBusinessSafety

Vitran’s 1Q Loss Widens

Vitran Corp. late Tuesday reported a larger first-quarter loss than a year ago despite a 12.1% gain in revenue.

April 25, 2012
Business

Celadon’s 3Q Profit More Than Doubles

Celadon Group’s fiscal third-quarter net income more than doubled, on higher freight revenue.

April 25, 2012
Business

Durable Orders Fall by Most in Three Years

Durable goods orders fell 4.2% in March, the biggest drop since January 2009, the Commerce Department said Wednesday.

April 25, 2012
BusinessLogistics

C.H. Robinson Reports Higher 1Q Profit

Transportation and third-party logistics firm C.H. Robinson Worldwide reported a first-quarter profit of $106.5 million, or 65 cents a share, up from $97 million, or 59 cents, a year earlier.

April 25, 2012
Business

New ºÚÁϳԹÏÍø Sales Decline in March

New home sales fell 7.1% in March from a two-year high the previous month, the Commerce Department said Tuesday.

April 24, 2012
Business

Truck Tonnage Rises 2.7% in March

Truck tonnage rose 2.7% in March from a year ago, the smallest gain since December 2009, American Trucking Associations reported.

April 24, 2012
BusinessGovernmentLogistics

Consumer Confidence Declines

Consumer confidence decreased this month, the New York-based Conference Board said Tuesday.

April 24, 2012
GovernmentBusiness

Senate Names Transportation Conferees

The Senate has named 14 of its members to serve on the conference committee tasked with ironing out House-Senate differences on a long-term transportation funding bill.

April 24, 2012
BusinessTechnologyEquipmentSafety

Ryder’s First-Quarter Income Rises

Ryder System on Tuesday said its first-quarter profit rose from a year ago on higher freight volumes, stronger used vehicle sales and improved rental and leasing revenue.

April 24, 2012
Business

Paccar’s 1Q Profit Jumps on Higher Truck Sales

Truck and engine maker Paccar Inc. said Tuesday its first-quarter profit rose from a year ago on higher truck and aftermarket sales.

April 24, 2012