Trucking 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.
Clarke Reports Higher Fourth-Quarter Profit
Canadian holding company Clarke Inc. on Monday reported fourth-quarter net income of C$4.4 million or 28 cents a share, up from C$3.2 million or 23 cents a year earlier.
March 5, 2007FedEx Boosts International Priority Airfreight Service
FedEx Express said Monday it is increasing the reach of its FedEx International Priority Freight service to cover more than 130 countries and is also enhancing its domestic FedEx Express Freight service.
March 5, 2007ISM Service Index Declines in February
The U.S. economy’s service sector growth declined in February, the Institute for Supply Management said Monday.
March 5, 2007iTECH: Harnessing the Sun to Recharge Trailer Batteries
Considering that all batteries have a finite life span, harnessing sunlight is one way to keep tracking systems running for long periods on far-flung trailers.
March 5, 2007Scania May Name VW’s Winterkorn Chairman
Swedish truck maker Scania AB’s Chairman Bernd Pischetsrieder may step down from his position this week, to be replaced by Volkswagen AG Chief Executive Martin Winterkorn, Bloomberg reported Monday.
March 5, 2007Technology Briefs — Feb. 27 - March 5
RedPrairie to Acquire GEOCOMtms • N.Y. City to Display Traffic Info via E-ZPass Tech. • Sprint Builds High-Speed WiMax Net
March 5, 2007UPS Cancels Airbus Order for Freight Aircraft
UPS Inc. said Friday it will cancel a scheduled order for 10 Airbus A380 freighters.
March 2, 2007Great Dane Reports Record 2006 Trailer Shipments
Great Dane Trailers said Friday it topped all trailer manufacturers last year, in shipping more than 60,000 units.
March 2, 2007Michigan Consumer Index Falls to Five-Year Low
U.S. consumer confidence fell last month to a five-month low, according to the University of Michigan’s monthly consumer sentiment index released Friday.
March 2, 2007Opinion: The Broker’s Role
According to the most recent Federal Motor Carrier Safety Administration census, there are now 16,930 registered transportation brokers. These numbers have been growing at a rate of 30% over the course of the past three years.
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