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

Daimler’s Revenue Rises in Third Quarter

German auto and truck maker Daimler AG reported a 10% increase in third-quarter revenue, and net profit increased as vehicle sales climbed 7% from last year.

October 23, 2014

Best Trucking Accounting Software 2024

If you’re simply looking for a bookkeeping tool, you can stop reading here, and look no further than QuickBooks. If you’re embracing the notion that trucking accounting goes far beyond that, or want to have a more expansive trucking accounting system of which QuickBooks is a key part, then read on.

Business

Caterpillar Raises Forecast, Sees 2015 Growth Prospects

Caterpillar Inc., the largest construction equipment maker, raised its full-year earnings forecast and said sales may gain in 2015 on an improvement in global economic growth.

October 23, 2014
Business

Leading Indicators Index Shows Economy to Keep Growing

The index of U.S. leading indicators accelerated in September, signaling the world’s largest economy will keep expanding into 2015.

October 23, 2014
Business

Landstar Reports Record 3Q Profit

Landstar System said its third-quarter profit climbed 25.7% to a record high, driven by “very strong” demand for trucking services.

October 23, 2014
Business

Jobless Claims at 14-Year Low Over Past Month

Fewer Americans filed applications for unemployment benefits over the past month than at any time in 14 years as an improving economy prompted employers to hold on to staff.

October 23, 2014
Business

FedEx Expects Record Holiday Season

FedEx Corp. said it expects Dec. 15 to be the busiest day in company history and shipments for the holiday season from Black Friday to Christmas Eve to reach a record level.

October 22, 2014
Business

Meek Promoted to Celadon COO

Celadon Group said it promoted Eric Meek to chief operating officer and executive vice president, effective immediately.

October 22, 2014
Business

Ryder’s Third-Quarter Income Rises to $83.7 Million

Ryder System said third-quarter earnings rose from a year ago as fleet management revenue increased.

October 22, 2014
Business

Knight’s 3Q Profit Jumps 66.7%

Knight Transportation’s third-quarter earnings jumped 66.7% from a year ago as freight demand remained strong.

October 22, 2014
Business

Long Beach Reports Highest Container Traffic Since 2007

September container traffic rose 7.3% at the Port of Long Beach, California, from the same month last year, marking the busiest September since 2007, the port’s peak year.

Michael G. Malloy | Web Editor
October 22, 2014