Trucking Business News

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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.

GovernmentBusiness

Winter Storm Hits Highways in Okla., Southeast

A winter storm heading eastward across Tennessee into the Carolinas Friday is causing havoc on roads due to ice and snow, news services reported.

January 29, 2010
BusinessSafety

Intermodal Traffic Grows for Week

U.S. intermodal rail traffic rose 2.9% last week compared with the same week last year, the Association of American Railroads said.

January 29, 2010
BusinessLogistics

Hub Group’s 4Q Earnings Slide

Logistics, intermodal and brokerage firm Hub Group’s fourth-quarter profit fell to $10 million, or 26 cents a share, from $14.2 million, or 38 cents, a year ago.

January 29, 2010
BusinessSafetyGovernment

NAFTA Surface Trade Decline Slows

The decline in surface transportation trade among the United States, Canada and Mexico slowed in November from a year ago compared with October figures, the Department of Transportation said Thursday.

January 28, 2010
Business

J.B. Hunt Reports Lower 4Q Income

J.B. Hunt Transport Services said its fourth-quarter profit fell to $41.7 million, or 32 cents per share, from $55.3 million, or 41 cents, a year earlier.

January 28, 2010
Business

Old Dominion’s 4Q Income Dips

Old Dominion Freight Line’s fourth-quarter profit fell to $9.7 million, or 26 cents per share, from $11 million, or 30 cents, a year ago.

January 28, 2010
Business

USA Truck Reports 4Q Loss

Truckload carrier USA Truck reported a fourth-quarter loss of $2.5 million, or 24 cents per share, compared with net income of $599,000, or 6 cents, a year ago.

January 28, 2010
BusinessGovernment

Arkansas Best Reports 4Q Loss

Arkansas Best Corp. said Thursday it lost $88.7 million, or $3.54 per share, in the fourth quarter, compared with a loss of $11 million, or 44 cents, a year earlier.

January 28, 2010
GovernmentBusiness

Ford Posts First Annual Profit in Four Years

Ford Motor Co. said Thursday it posted its first profit in four year, earning $2.7 billion and ending three straight annual losses.

January 28, 2010
BusinessGovernment

Durable Goods Orders Rise in December

Durable goods orders increased in December, the Commerce Department said Thursday.

January 28, 2010