Most automakers posted higher U.S. sales in July, despite lingering consumer concerns over the economy, the Associated Press reported.
August 4, 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.
ISM Services Index Increases in July
The U.S. economy’s service sector expanded at a faster pace in July, the Institute for Supply Management said Wednesday.
August 4, 2010U.S. Auto Sales Rise in July
Opinion: Don’t Lose Sleep Over CSA
I have been following with interest the published articles covering the Federal Motor Carrier Safety Administration’s new CSA program. The articles include a front-page story in the June 28 edition of this newspaper headlined “CSA Training Could Affect O-Os, Some Industry Officials Worry.â€
August 4, 2010Accuride Reports Second-Quarter Profit
Commercial vehicle component manufacturer Accuride Corp. said it earned $6.5 million in the second quarter, compared with a loss of $36.1 million a year ago.
August 4, 2010Wabash National’s 2Q Loss Narrows
Trailer manufacturer Wabash National Corp.’s second-quarter loss narrowed to $5.6 million or 72 cents per share, from a loss of $17.9 million, or 59 cents, a year ago.
August 3, 2010Deutsche Post’s 2Q Profit Improves
Deutsche Post, the Germany-based parent company of DHL USA, said Tuesday its second-quarter quarter results improved as it boosted its earnings forecast, Bloomberg reported.
August 3, 2010SoCal Port Plan Awaits Judge’s Decision
The introduction of a new bill aimed at giving ports more authority to enact environmental regulations is expanding the battle over the Port of Los Angeles’ controversial employee-only clean trucks plan from the courts to Congress.
August 3, 2010N.J.-Pa. Bridge Upgrade Plan May Include Tolls
One of the last toll-free bridges across the Delaware River would charge truck tolls of $4 an axle under a plan to seek private investors to rebuild and operate the Interstate 95 Bridge that connects Pennsylvania and New Jersey.
August 3, 2010YRC’s 2Q Loss Narrows as Carrier Reports Operating Profit
YRC Worldwide said Tuesday its second-quarter loss narrowed as it reported positive operating income for the three-month period.
August 3, 2010Factory Orders Decline in June
U.S. factory orders dropped 1.2% in June, the Commerce Department said Tuesday.
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