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, 2010Trucking 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.
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, 2010Unemployment 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, 2010Third-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, 2010Jacksonville 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, 2010Accuride 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, 2010Third-Quarter Productivity Improves
U.S. workers’ productivity rose 1.9% in the third quarter, the Labor Department said Thursday.
November 4, 2010Wright 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, 2010Commercial 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, 2010Xata 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.
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