Surface trade among the United States, Canada and Mexico rose 15.7% in May from a year ago, the Department of Transportation said Tuesday.
August 2, 2011Trucking 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.
Expeditors’ Second-Quarter Profit Improves
Logistics firm Expeditors International of Washington said Tuesday its second-quarter profit rose 5% to $95 million, or 44 cents a share, from $90.3 million, or 42 cents, a year ago.
August 2, 2011Long Beach Freeway Scheduled for August Closures
Interstate 710, known as the Long Beach Freeway, is the latest major Southern California traffic corridor to experience partial night closures this month due to construction work.
August 2, 2011Meritor Swings to Fiscal 3Q Profit
Components maker Meritor Inc. Tuesday reported a third-quarter profit compared with a loss a year ago, as its commercial truck unit sales rose.
August 2, 2011NAFTA Surface Trade Rises 15.7% in May
Roadrunner Buys Calif. Intermodal Firm
Roadrunner Transportation Systems said it has acquired The James Brooks Co., a provider of intermodal transportation and related services to the California ports of Oakland and Los Angeles/Long Beach.
August 2, 2011Arkansas Best Swings to 2Q Profit
Arkansas Best Corp. Tuesday reported a second-quarter profit compared with a loss a year ago on stronger freight tonnage and pricing.
August 2, 2011Old Dominion Launches Vault Logistics Division
Old Dominion Freight Line has introduced Vault Logistics, a new third party-logistics provider.
August 2, 2011Mike Smid Departs YRC Worldwide
Mike Smid, president of YRC Inc. and YRC Worldwide’s chief operations officer, has retired, the company said.
August 2, 2011TransForce’s 2Q Earnings Jump on Acquisitions
TransForce Inc.’s second-quarter net income rose to C$26.2 million, or 27 cents a share, from C$17 million, or 18 cents, a year earlier.
August 2, 2011Quality’s Second-Quarter Income Jumps
Tank truck carrier Quality Distribution said its second-quarter profit jumped on higher revenue and lower expenses.
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