Trucking 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.
GM’s Second-Quarter Almost Doubles
General Motors Co.’s second-quarter profit almost doubled on rising U.S. sales, Bloomberg reported Thursday.
August 4, 2011ATA Announces Driver Appreciation Video Contest
American Trucking Associations will sponsor for the third year a video contest for National Truck Driver Appreciation Week, Sept. 11-17.
August 4, 2011Patriot Transportation’s 3Q Profit Declines
Tank and bulk carrier Patriot Transportation Holding’s fiscal third-quarter net income declined to $2.4 million, or 25 cents a share, from $2.6 million, or 28 cents, a year ago.
August 3, 2011Wabash Swings to Second-Quarter Profit
Trailer manufacturer Wabash National Corp. reported a second-quarter profit compared with a loss a year ago, as trailer sales improved.
August 3, 2011Factory Orders Decline 0.8% in June
Factory orders decreased 0.8% in June, the Commerce Department said Wednesday.
August 3, 2011Navistar Closing Idle Ontario Truck Plant
Navistar International Corp. said late Tuesday it will close its truck plant in Ontario, Canada, that has been idled for two years due to labor issues.
August 3, 2011Goodyear’s 2Q Profit Improves as Sales Reach Record
Goodyear Tire & Rubber Co. said its second-quarter profit as sales jumped 24% to a quarterly record.
August 3, 2011Echo Global Logistics’ 2Q Profit Rises
Echo Global Logistics said its second-quarter profit grew 50.3% to $2.9 million, or 13 cents per share, compared with $1.9 million, or 9 cents, a year ago.
August 3, 2011American Axle Reports Higher 2Q Profit
American Axle & Manufacturing Holdings said its second-quarter profit rose to $49.2 million, or 65 cents per share, from $25.4 million, or 34 cents, a year ago.
August 3, 2011ATRI Survey Seeks to Gauge Trucking Industry’s Top Concerns
The American Transportation Research Institute has released its annual survey to gauge the trucking industry’s top concerns.
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