Business

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, Logistics

Swift Posts Higher 3Q Profit

Swift Transportation Co. said its third-quarter net income climbed to $50.2 million, or 35 cents per share, from $30 million, or 21 cents, a year earlier.

Seth Clevenger | Managing Editor, Features and Multimedia
October 24, 2014

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Business, Logistics

Forward Air’s 3Q Income Improves

Forward Air Corp.’s third-quarter net income rose to $16.7 million, or 54 cents a share, from $14.2 million, or 46 cents, a year ago.

Michael G. Malloy | Web Editor
October 24, 2014
Business, Logistics

Intermodal Rail Traffic Rises 5.4% This Year

For the first 42 weeks, U.S. intermodal volume has increased 5.4% from the same period last year, to 10.9 million units, the Association of American Railroads reported.

October 24, 2014
Business

Telogis, Isuzu Set Telematics Partnership

Telematics provider Telogis said it is collaborating with Isuzu to develop connected-vehicle products and services for the medium-duty truck maker.

Seth Clevenger | Managing Editor, Features and Multimedia
October 24, 2014
Business

Pegasus TransTech Adds New Truck-Stop Scanning Service

Technology supplier Pegasus TransTech said it is offering a new service, Transflo On-Demand, which enables drivers to print, fax or email documents through its nationwide truck-stop scanning network.

October 24, 2014
Business, Logistics

Universal Truckload’s Earnings Decline in 3Q

Universal Truckload Services Inc.’s third-quarter earnings slipped to $13.1 million, or 44 cents per share, from $13.7 million, or 46 cents, a year ago.

Seth Clevenger | Managing Editor, Features and Multimedia
October 24, 2014
Business, Logistics

Hub Group’s 3Q Income Declines on Charges

Hub Group Inc. said its third-quarter income declined due to driver-settlement and software-development charges.

Michael G. Malloy | Web Editor
October 24, 2014
Business, Logistics

Union Pacific’s Income Rises to $1.37 Billion

Union Pacific Corp.’s third-quarter net income rose to $1.37 billion, or $1.53 per share, from $1.15 billion, or $1.24, during the same time last year.

October 23, 2014
Business

Transplace Releases Supply Chain Optimization Platform

Transplace said it has released a new technology platform designed to streamline distribution networks and reduce transportation costs.

October 23, 2014
Government, Business

Nafta Trade Rises 4.4%

U.S. trade with Canada and Mexico rose 4.4% in August to $100.6 billion from a year ago, the Department of Transportation reported Oct. 23.

Michael G. Malloy | Web Editor
October 23, 2014