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.

BusinessSafety

ATA Names Vice President of Safety Policy

American Trucking Associations said it has hired Rob Abbott as its vice president of safety policy.

February 9, 2010
BusinessSafetyGovernment

Xata Loses $1.7 Million in Fiscal 1Q

Transportation software firm Xata Corp. said it lost $1.7 million, or 20 cent per share, in its fiscal first quarter, compared with a loss of $672,000, or 8 cents, a year ago.

February 9, 2010
Business

Intermecs Fourth-Quarter Income Declines

Supply chain technology firm Intermec Inc. said its fourth-quarter net earnings were $5 million, or 8 cents per share, compared with $9.3 million, or 15 cents, a year ago.

February 9, 2010
Business

Vitrans Fourth-Quarter Loss Narrows

Vitran Corp. lost $2.3 million or 14 cents a share, in the fourth quarter, an improvement from a loss of $79 million, or $5.85, a year earlier.

February 9, 2010
BusinessGovernmentSafetyFuel

Forward Airs 4Q Income Falls

Forward Air Corp. said its fourth-quarter profit fell to $6.4 million, or 22 cents per share, from $8.3 million, or 29 cents, a year ago.

February 9, 2010
BusinessSafetyGovernment

P.A.M. Reports Fourth-Quarter Loss

P.A.M. Transportation Services reported a fourth-quarter loss of $3.9 million, or 42 cents per share, compared with a loss of $11.4 million, or $1.19, a year earlier.

February 9, 2010
BusinessLogisticsGovernment

China Truck Groups Jan. Sales Jump 300%

China National Heavy Duty Trunk Group Co., that countrys largest heavy truck producer, sold 16,653 vehicles in January, up more than 300% from a year earlier, Bloomberg reported Tuesday.

February 9, 2010
BusinessLogisticsGovernment

Small-Business Index Improves for First Time in Three Months

Confidence among U.S. small businesses increased in January for the first time in three months as the outlook for sales improved, the National Federation of Independent Business reported.

February 9, 2010
Business

Oil Edges Up Over $72 a Barrel

Oil rose to more than $72 a barrel early Tuesday, up slightly from the previous two trading days, in advance of a government inventory report due out this week, Bloomberg reported.

February 9, 2010
Letters to the EditorBusinessSafetyGovernment

Letters: EOBRs Revisited, Hours of Service, Infrastructure

Regarding the letter with the headline EOBRs Revisited, there was a very interesting guest commentary about electronic onboard recorders recently in another publication, in which the author claimed only 2% of crashes occur after more than 10 hours of driving time.

February 8, 2010