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

Paccar’s Third-Quarter Earnings Jump

Paccar Inc. said Tuesday its third-quarter profit jumped to $119.9 million, or 33 cents a share, from $13 million, or 4 cents, a year ago.

October 26, 2010
Business

Covenant Reports Third-Quarter Profit

Covenant Transportation Group reported its second consecutive quarterly profit in almost three years, posting its best back-to-back quarters since the last two quarters of 2005.

October 26, 2010
Government, Business, Safety, Equipment

Cummins’ 3Q Profit Almost Triples

Cummins Inc. said Tuesday its third-quarter profit almost tripled, led by strong performances in its engine segment and international markets.

October 26, 2010
Government, Business

States Share $600 Million in Federal Transportation Grants

Forty states shared 77 grants totaling $600 million in the second round of a special federal stimulus program designed to boost transportation innovation under the auspices of the Department of Transportation.

October 26, 2010
Business, Fuel

Diesel Drops for First Time in a Month, Dipping 0.6¢ to $3.067 a Gallon

Diesel’s national average retail price fell for the first time in a month, dipping 0.6 cent to $3.067 a gallon, the Department of Energy reported Monday.

October 25, 2010
Business, Government, Safety

Ferro Says FMCSA to Alter CSA to Address Industry Concerns

PHOENIX — The Federal Motor Carrier Safety Administration is making several changes in its soon-to-be-implemented overhaul of truck safety standards as a result of industry comments, Administrator Anne Ferro told Transport Topics.

October 25, 2010
Business, Government, Safety

FMCSA to Increase Focus on Driver Health

PHOENIX — The Federal Motor Carrier Safety Administration is looking ahead to a number of rules focused on driver health and fitness in the next year or two, after the agency completes its spate of mandatory regulations, Administrator Anne Ferro said last week.

October 25, 2010
Business

Hahn Transportation President Barbara Windsor Becomes First Woman to Reach Top of ATA Hierarchy

NEW MARKET, Md. — For 20 years, as an international flight attendant and manager for Trans World Airlines, Barbara Windsor got a chance to see the world.

October 25, 2010
Business

Truckload Profits Rise Sharply as Rate Increases Accelerate

Third-quarter earnings rose sharply at four publicly traded truckload companies, as they were able to accelerate the pace of rate increases in a steady freight market.

October 25, 2010
Business

Existing ºÚÁϳԹÏÍø Sales Rise 10%

Existing home sales jumped 10% in September, the National Association of Realtors said Monday.

October 25, 2010