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

Ryder Reports Higher Third-Quarter Profit

Ryder System said Thursday its third-quarter profit rose 62% on stronger demand for commercial truck rentals and used vehicles.

October 22, 2010
Business

USA Truck Returns to Profit in 3Q

USA Truck Thursday reported a $600,000 profit in the third quarter, compared with a $1.6 million loss a year ago.

October 22, 2010
Business

Volvo Reports 3Q Profit; North American Truck Sales Jump 38%

Volvo AB Friday reported a third-quarter profit compared with a loss a year ago, as North American and global truck sales both increased.

October 22, 2010
Business

Caterpillar’s 3Q Income Jumps 96% on Stronger Sales

Heavy equipment maker Caterpillar Inc. said Thursday its third-quarter net income jumped 96%, due in part to strong sales in developing countries.

October 21, 2010
Business

Heartland Express’ Third-Quarter Profit Improves

Heartland Express’ third-quarter profit rose 26% to $18.3 million, or 20 cents per share, from $14.5 million, or 16 cents, a year ago.

October 21, 2010
Business

Rush Enterprises’ 2Q Profit Improves on Higher Truck Sales

Truck dealership Rush Enterprises said its third-quarter profit improved as sales rose.

October 21, 2010
Government, Business

Leading Indicators Rise for Third Month

An index of leading economic indicators rose 0.3% in September, the third consecutive increase, the New York-based Conference Board said Thursday.

October 21, 2010
Business, Equipment

Philadelphia Manufacturing Index Expands

Manufacturing levels in the Philadelphia region expanded in October for the first time in three months, the Federal Reserve Bank of Philadelphia said Thursday.

October 21, 2010
Business, Logistics

Union Pacific’s 3Q Earnings Rise 51%

Union Pacific Corp. said Thursday its third-quarter net income rose 51% compared with the same quarter last year, to $778 million, or $1.56 a share.

October 21, 2010
Business

Jobless Claims Drop for Week

Initial jobless claims fell by 23,000 last week, the Labor Department said Thursday.

October 21, 2010