J.B. Hunt Transport Services said that Kirk Thompson will step down as president and CEO at the end of the year and become the company’s chairman.
October 29, 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.
CSA, Infrastructure Funding on Agenda at TransComp/Intermodal Expo in Florida
When transport industry leaders gather Nov. 14-16 for the annual TransComp/Intermodal Expo in Fort Lauderdale, Fla., they will be probing for solutions to wide-ranging regulatory, commercial and policy issues, including the Compliance, Safety and Accountability program of the Federal Motor Carrier Safety Administration and infrastructure funding.
November 1, 2010Sales, Earnings Improve in 3rd Quarter, Truck, Engine Manufacturers Report
Three truck manufacturers and engine maker Cummins Inc. all reported improved revenue in the third quarter as the market for new trucks in North America continued to improve.
November 1, 2010Court Temporarily Blocks Ban on Owner-Operators at L.A. Port
A federal judge last week temporarily blocked a ban on owner-operators at the Port of Los Angeles, granting an injunction sought by American Trucking Associations.
November 1, 2010Diesel Average Slips 0.6¢ to $3.067
The average retail price of both diesel and gasoline dipped last week for the first time in a month, the Department of Energy reported.
November 1, 2010Explosives Found on U.S.-Bound Cargo Plane
President Obama said Friday that federal authorities had uncovered a “credible terrorist threat” against the United States following the overseas discovery of U.S.-bound packages containing explosives aboard cargo jets, the Associated Press reported.
October 29, 2010Intermec Reports Loss in 3Q
Supply chain technology firm Intermec Inc. said its third-quarter net earnings loss was $6.9 million, or 11 cents per share, compared with a profit of $64,000, or zero cents, a year ago.
October 29, 2010TransForce Reports Higher 3Q Earnings
TransForce Inc., Canada's largest trucking company, said Friday its third-quarter profit rose to C$25 million as it cut costs to offset weak conditions across the industry, Bloomberg reported.
October 29, 2010Intermodal Traffic Increases for Week
Intermodal rose 13.6% last week from a year earlier, the Association of American Railroads said.
October 29, 2010Chicago Manufacturing Index Increases in October
Manufacturing activity in the Chicago region improved in October, showing continued expansion, the Institute for Supply Chain Management-Chicago said Friday.
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