Business
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.
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, 2014Best 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.
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, 2014Leading 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, 2014Landstar 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, 2014Jobless 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, 2014FedEx 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, 2014Meek Promoted to Celadon COO
Celadon Group said it promoted Eric Meek to chief operating officer and executive vice president, effective immediately.
October 22, 2014Ryder’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, 2014Knight’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, 2014Long 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.