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, Safety

Opinion: How to Prevent Cargo Theft

By Bill Anderson

Director, Global Security

Ryder System Inc.

July 25, 2007

Transport Topics Podcasts

RoadSigns podcast

Check out the latest podcast episodes of our RoadSigns and LiveOnWeb programs. Episode 2 of our Season Intersession of RoadSigns, "Is Trucking Charging Toward an Electric Reality?" is now available. Check back here often as new content is always being added!

Transport Topics
January 3, 2019
Business, Government

Fed ‘Beige Book’ Gives Trucking Mixed Report

The Federal Reserve gave a generally positive assessment of the U.S. economy, with mixed reports on the health of the trucking industry.

Transport Topics
July 25, 2007
Government, Business, Safety, Fuel

Volvo’s Second-Quarter Earnings Plunge

Bruce Harmon/Trans Pixs

Truck maker Volvo AB posted its biggest profit decline in 18 months after stricter emissions rules caused U.S. truck sales to plunge 54%, Bloomberg reported Wednesday.

Transport Topics
July 25, 2007
Business, Technology, Equipment, Safety

Ryder’s 2Q Profit Dips 7%

Ryder System said Wednesday its second-quarter profit dipped 7% to $65.3 million or $1.07 a share, from $70.3 million or $1.13 a year ago.

Transport Topics
July 25, 2007
Business, Government

Arkansas Best’s 2Q Profit Falls

Arkansas Best Corp. said Wednesday its second-quarter net income fell to $19.6 million or 78 cents a share, from $29 million or $1.13 a year ago.

Transport Topics
July 25, 2007
Business, Government

House Vote Blocks Mexican Trucks Plan

DOT Secretary Mary Peters — James Kim for DOT

The House voted late Tuesday to block the Bush administration’s planned Mexican trucks program, limiting visiting trucks to the current border-area zone, Bloomberg reported.

Transport Topics
July 25, 2007
Business, Safety, Government

Covenant Reports 2Q Loss

Covenant Transportation Group said Wednesday it lost $11.3 million or 80 cents a share, compared with a loss of $398,000 or 3 cents a year earlier.

Transport Topics
July 25, 2007
Government, Business, Safety

Court Issues Split Ruling on Drivers’ Hours of Service Rule

TT File Photo

A federal court issued a split ruling Tuesday on the government’s rules governing truck driver hours of service, rejecting a petition by a group representing owner-operators but granting a separate request by a public safety advocate group.

July 25, 2007
Business, Logistics

Norfolk Southern’s 2Q Income Improves

Eastern freight railroad Norfolk Southern Corp. said Wednesday its second-quarter earnings grew 5% to $394 million or 98 cents a share, from $375 million or 89 cents a year ago.

Transport Topics
July 25, 2007
Business, Safety, Government, Logistics

C.H. Robinson’s 2Q Income Jumps 24%

Transportation and logistics firm C.H. Robinson Worldwide’s second-quarter profit jumped 24% to $82.3 million or 47 cents a share, from $66.6 million or 38 cents a year ago.

Transport Topics
July 25, 2007

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