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

New ºÚÁϳԹÏÍø Sales Rise 5.7% in September

New home sales increased in September after falling to a six-month low in August, the Commerce Department said Wednesday.

October 26, 2011
Business, Logistics

C.H. Robinson’s Third-Quarter Income Rises

Transportation and third-party logistics firm C.H. Robinson Worldwide said its third-quarter profit rose to $114 million, or 70 cents a share, from $103 million, or 62 cents, a year earlier.

October 26, 2011
Business

ATA Cites Concern with LaHood’s HOS Letter

American Trucking Associations cited concern with Transportation Secretary Ray LaHood’s recent letter to Congress that DOT is drafting a new hours-of-service proposal based on the “most comprehensive and up-to-date data and analysis.â€

October 26, 2011
Business

Ford Reports $1.6 Billion 3Q Profit

Ford Motor Co. said Wednesday its third-quarter earnings slipped 2% to $1.6 billion.

October 26, 2011
Business

Durable Goods Orders Dip 0.8%

Durable goods orders declined 0.8% in September as demand for aircraft dropped, the Commerce Department said Wednesday.

October 26, 2011
Business, Logistics

Hub Group’s Third-Quarter Income Rises

Logistics firm Hub Group’s third-quarter income improved on higher intermodal activity.

October 26, 2011
Business, Equipment

Accuride Reports Third-Quarter Loss

Commercial vehicle component manufacturer Accuride Corp. reported a third-quarter loss of $17.2 million, or 36 cents per share, compared with a profit of $30.8 million, or 8 cents, a year ago.

October 26, 2011
Business, Logistics

Canadian Railroads Report Mixed Earnings

Canada’s two biggest freight railroads reported mixed earnings this week.

October 26, 2011
Business, Logistics

Kansas City Southern’s 3Q Profit Doubles

Kansas City Southern reported its third-quarter earnings rose to $100 million, or 91 cents a share, from $50 million, or 48 cents, the previous year.

October 26, 2011
Business

Truck Tonnage Rises 5.9% in September

Truck tonnage rose 5.9% in September from a year ago, the 22nd straight month of year-over-year improvement, American Trucking Associations said Tuesday.

October 25, 2011