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.

BusinessGovernmentLogistics

Consumer Confidence Reaches Highest in a Year

Consumer confidence rose in April to the highest level in a year, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

April 27, 2012
BusinessLogistics

Intermodal Traffic Rises 6% for Week

U.S. intermodal traffic climbed 6% for the week ended Saturday from a year ago, the Association of American Railroads said.

April 27, 2012
BusinessLogistics

Universal Truckload’s Profit Improves

Universal Truckload Services’ first-quarter net income rose to $3.6 million, or 23 cents a share, from $2.9 million, or 19 cents, a year ago.

April 27, 2012
BusinessLogistics

Echo Global Logistics’ 1Q Income Rises

Echo Global Logistics said its first-quarter profit rose as revenue climbed to a record high.

April 27, 2012
Business

Volvo’s 1Q Profit Rises on Higher North American Truck Sales

Volvo AB reported a first-quarter profit, as its North American truck sales jumped.

April 26, 2012
Business

UPS Reports Higher First-Quarter Profit

UPS Inc. reported a higher first-quarter profit, led by a 19% gain in its supply chain and freight unit.

April 26, 2012
Business

Landstar Reports Record 1Q Earnings

Landstar System Thursday reported its first-quarter net income rose to $26.8 million, or 57 cents per share, from $20.6 million, or 43 cents, a year ago.

April 26, 2012
Business

Mullen’s First-Quarter Income Rises

Canadian transportation firm Mullen Group’s first-quarter profit rose on higher demand at its oilfield services and trucking and logistics units.

April 26, 2012
GovernmentBusinessTechnologyEquipment

ATA Calls for EOBRs in Highway Bill

American Trucking Associations urged members of the upcoming House-Senate highway-bill conference to include a mandate for electronic onboard recorders, in order to help drivers and carriers meet federal hours-of-service mandates.

April 26, 2012
BusinessSafety

iTECH: Cameras Keep an Eye on Drivers

In this age of distracted driving and new federal rules, fleet operators face a heightened challenge: How can they know and control what is happening in the cabs of their trucks? Ignorance could be expensive and dangerous.

April 26, 2012