Truck tonnage grew 8% in January from a year ago to its highest level in three years, American Trucking Associations said Wednesday.
February 23, 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.
GM Reports Profit for Quarter, Year
General Motors Co. reported a profit Thursday of $510 million for the fourth quarter and a full-year profit of $4.7 billion for 2010, the first profitable year for the company since 2004.
February 24, 2011Mullen Group Profit Jumps in 4Q
Canadian transportation firm Mullen Group Thursday posted a fourth-quarter profit of C$33.2 million, or 42 cents per share, compared with C$11.1 million, or 14 cents, a year before.
February 24, 2011Frozen Food Express CEO to Retire
Stoney “Mit” Stubbs Jr., CEO of Frozen Food Express Industries, will retire Monday, the company said.
February 24, 2011New ϳԹ Sales Drop 13% in January
New home sales decreased 13% in January, the Commerce Department said Thursday.
February 24, 2011Jobless Claims Drop for Week
Initial jobless claims decreased 22,000 last week, the Labor Department said Thursday.
February 24, 2011Durable Goods Orders Grow in January
Durable goods orders rose 2.7% in January, the Commerce Department said Thursday.
February 24, 2011Navistar Enters Engine Deal with EcoMotors
Navistar International Corp. has reached a development agreement with EcoMotors International to help commercialize the engine maker’s “opposed-piston, opposed-cylinder” engine technology.
February 24, 2011Opinion: ‘Black Box’ Retrieval Policies
Loss of event data recorder — or “black box” — information is one of the biggest problems in trucking accident litigation. While the market for EDR monitoring software has exploded in recent years, accident experts and attorneys are finding that much of this technology is incorrectly downloaded, analyzed and stored, creating legal and financial risks that can threaten the very existence of the company that makes use of it.
February 24, 2011January Truck Tonnage Hits 3-Year High
Oil Hits $100 a Barrel
Crude oil hit $100 per barrel Wednesday in trading on the New York Mercantile Exchange, Bloomberg reported.
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