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

Navistar Boosting Production at Alabama Engine Plant

HUNTSVILLE, Ala. — Navistar Inc. showed off its new heavy-duty engine plant here this week, as truck dealers, stock market analysts and trucking reporters were taken on tours of the new plant that is boosting its output with a larger, 15-liter engine.

November 5, 2010
Business

Roadrunner Reports 3Q Profit

Roadrunner Transportation Systems, which went public in May, said its net income rose to $4.4 million, or 14 cents per share, compared with $100,000, or 1 cent, a year ago.

November 5, 2010
Business

Unemployment Rate Holds at 9.6%; Payrolls Rise

The U.S. unemployment rate was unchanged at 9.6% in October, while the number of jobs grew at the highest pace in five months and trucking jobs taking a slight upturn, the Labor Department said Friday.

November 5, 2010
Business, Logistics

Third-Quarter Intermodal Volume Jumps 20.3%

Intermodal traffic volume rose 20.3% in the third quarter, led by a 28.1% jump in international containers, the Intermodal Association of North America said.

November 4, 2010
Business

Jacksonville Port Sets Container Record

The Jacksonville Port Authority said the port moved a record number of containers in fiscal year 2010, its second consecutive year of container growth.

November 4, 2010
Business, Equipment

Accuride Reports Third-Quarter Profit

Commercial vehicle component manufacturer Accuride Corp. Thursday said it posted a third-quarter profit compared with a loss a year ago, as net sales jumped 42%.

November 4, 2010
Business

Third-Quarter Productivity Improves

U.S. workers’ productivity rose 1.9% in the third quarter, the Labor Department said Thursday.

November 4, 2010
Business

Wright Express Reports Decline in 3Q Profit

Wright Express Corp.’s third-quarter profit fell to $20.6 million, or 53 cents per share, compared with $23.4 million, or 60 cents, a year ago.

November 4, 2010
Business

Commercial Vehicle Group Turns 3Q Profit

Parts maker Commercial Vehicle Group said it turned a third-quarter profit compared with a big loss a year ago, and predicted truck production would increase next year.

November 4, 2010
Business

Xata Reports Profit in Fiscal 4Q, Loss in Year

Transportation software firm Xata Corp. said it earned $60,000, or zero cents per share, in its fiscal fourth quarter, compared with a loss of $1.6 million, or 19 cents, a year ago.

November 4, 2010