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, Logistics

Intermodal Traffic Rises 0.8% for Week

Intermodal traffic increased 0.8% last week from a year ago, the Association of American Railroads reported.

July 29, 2011
Perspective, Business, Fuel

Opinion: Consider Hedging On-Road Fuel Costs

Perhaps your company already has explored myriad ways to reduce the cost of on-road fuel. But have you considered hedging the cost of your on-road fuel?

July 29, 2011
Business

MAN’s 2Q Profit Rises on Stronger European Truck Market

European truck maker MAN SE posted an improved second-quarter profit and boosted its 2011 earnings outlook on higher truck demand, Bloomberg reported Thursday.

July 28, 2011
Business

Pacer Triples Its Second-Quarter Profit

Pacer International on Thursday reported second-quarter earnings that were three times higher than the same quarter a year ago.

July 28, 2011
Business

Old Dominion’s 2Q Profit Jumps

Old Dominion Freight Line said Thursday its second-quarter profit almost doubled as revenue and earnings per share rose to quarterly records.

July 28, 2011
Business

Frozen Food Express’ 2Q Loss Narrows

Frozen Food Express Industries said Thursday its second-quarter loss narrowed from a year ago.

July 28, 2011
Business

Dana’s 2Q Income Jumps; Company Boosts Outlook

Component maker Dana Holding Corp. said Thursday its second-quarter income jumped from a year ago and the company raised its earnings outlook for the year.

July 28, 2011
Business

Oshkosh’s 3Q Income Declines

Specialty truck maker Oshkosh Corp. said Thursday its fiscal third-quarter profit dropped from a year ago as sales of military vehicles declined.

July 28, 2011
Business

Initial Jobless Claims Fall 24,000 for Week

Initial jobless claims dropped last week by 24,000 to 398,000, the lowest level since April, the Labor Department said Thursday.

July 28, 2011
Business

Knight Transportation’s 2Q Income Improves

Knight Transportation said late Wednesday its second-quarter profit rose from a year ago on stronger truckload markets and improvement in its brokerage business.

July 27, 2011