Truck tonnage jumped 6.8% in June from a year ago, the largest year-over-year gain since an 8% surge in January, American Trucking Associations said.
July 26, 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.
Canadian Railroads Report Mixed Earnings
Canadian National Railway Co. said its second-quarter net income rose to C$538 million, or C$1.18 cents per share, from C$534 million, or C$1.13 per share, a year earlier.
July 27, 2011Covenant Reports Second-Quarter Profit
Covenant Transportation Group turned around a first-quarter loss and posted a second quarter profit, though smaller than a year ago, the truckload carrier said.
July 26, 2011C.H. Robinson Reports Higher 2Q Profit
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a second-quarter profit of $111 million, or 67 cents a share, up 14.2% from $97.2 million, or 59 cents, a year earlier.
July 26, 2011Stronger New-Entrant Requirements Urged for Carriers
Trucking industry, government and safety representatives told a Senate panel that federal regulators could improve motor carrier safety by raising the bar for new carriers entering the industry, among other policy changes.
July 26, 2011ATRI Updates Idling Regulations Guide
The American Transportation Research Institute has updated its online guide of state and local truck anti-idling regulations.
July 26, 2011UPS’ Second-Quarter Profit Jumps
UPS Inc. said Tuesday its second-quarter net income rose to $1.06 billion, or $1.07 per share, from $845 million, or 84 cents, year earlier.
July 26, 2011Paccar’s 2Q Profit Rises on Higher Truck Sales
Truck and engine manufacturer Paccar Inc. said Tuesday its second-quarter profit rose on higher truck sales, though it trimmed its overall sales outlook for the 2011 North American trucking market.
July 26, 2011Cummins’ Second-Quarter Profit Doubles
Engine maker Cummins Inc. said Tuesday its second-quarter profit doubled to a record on higher sales, and it boosted its earnings outlook for the full year.
July 26, 2011New ºÚÁϳԹÏÍø Sales Dip 1% in June
New home sales fell for the second straight month in June, declining 1% to 312,000, the Commerce Department said Tuesday.
July 26, 2011Trending
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