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

Jobless Claims Fall for Week

Initial jobless claims dropped by 12,000 last week, the Labor Department said Thursday.

January 28, 2010
Business

Oshkosh Profit Improves on Military Orders

Specialty truck maker Oshkosh Corp. said Thursday its fiscal first-quarter profit improved on higher military sales.

January 28, 2010
Business, Logistics

Canadian Pacific’s 4Q Profit Grows 3%

Canadian freight railroad Canadian Pacific’s fourth-quarter net income grew 3% to C$194.1 million, or C$1.15, from C$188.1 million, or C$1.21, a year earlier, Reuters reported.

January 28, 2010
Government, Business, Logistics

Kansas City Southern’s 4Q Profit Falls

Kansas City Southern said Thursday it earned $32 million, 33 cents a share, in its fourth quarter, compared with $36.4 million, or 40 cents, the previous year.

January 28, 2010
Business, Safety, Technology, Equipment

Bose Enters Trucking Sector With High-Tech Seat

FRAMINGHAM, Mass. — Audio products maker Bose Corp. has jumped into the trucking sector, unveiling a high-tech seat for over-the-road drivers to combat road vibration.

January 27, 2010
Business

Werner’s Fourth-Quarter Profit Dips

Truckload carrier Werner Enterprises said its fourth-quarter profit slipped to $18 million, or 25 cents a share, from $18.6 million, or 26 cents, a year ago.

January 27, 2010
Business, Safety, Government

Knight’s 4Q Income Declines

Truckload carrier Knight Transportation’s fourth-quarter profit fell 18.6% to $13.1 million, or 16 cents a share, compared with $16.1 million, or 19 cents, a year ago.

January 27, 2010
Business

Heartland’s 4Q Profit Falls

Truckload carrier Heartland Express said its fourth-profit dropped 44.8% from a year ago.

January 27, 2010
Business, Logistics

Norfolk Southern’s 4Q Profit Drops 32%

Norfolk Southern Corp. reported that its fourth-quarter profit fell 32% from a year ago.

January 27, 2010
Business, Technology, Equipment, Safety

Landstar’s 4Q Income Declines

Truckload carrier Landstar System said late Wednesday its fourth-quarter net income fell to $18.6 million, or 37 cents a share, from $24.6 million, or 47 cents, a year ago.

January 27, 2010