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.
Pacer Swings to First-Quarter Profit
Pacer International reported a first-quarter profit but its intermodal and logistics revenue declined from a year ago.
April 25, 2013Best 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.
Knight Transportation’s Profit Improves
Knight Transportation said its first-quarter profit improved despite a “challenging operating and economic environment” and industrywide concerns over finding qualified drivers.
April 25, 2013Schneider Launches Bulk Intermodal Service
Schneider National Bulk Carriers said it has launched a bulk intermodal transportation service utilizing a new 40-foot tank container that can be used on trucks or trains to haul liquid bulk chemicals across the United States.
April 24, 2013Volvo, Mack Introduce Transmission Fluids for Their AMTs
Volvo Trucks and Mack Trucks both introduced new transmission fluids this week for their automated manual transmissions.
April 24, 2013Daimler Says Its 1Q Truck Sales Fall; Sees ‘Slight Increase’ in Full-Year Sales
Daimler AG said Wednesday its first-quarter North American truck sales slipped 3%, while its worldwide truck unit sales fell by 6%.
April 24, 2013Congress Needs to Do More to Address Freight Transportation, Trucking Executive Tells House Committee
A trucking executive told a House committee Wednesday that Congress needs to address the needs of the trucking industry by dedicating real funding to addressing freight transportation needs and by improving the efficiency and productivity of the industry.
April 24, 2013FedEx Signs Seven-Year Air Transportation Contract With U.S. Postal Service
FedEx Corp. said its FedEx Express subsidiary has entered into a new, seven-year express air transportation contract with the U.S. Postal Service.
April 24, 2013Rush’s 1Q Income Declines
Truck dealership Rush Enterprises’ first-quarter income fell from a year ago as heavy-duty truck sales declined, but its medium- and light-duty sales rose, and parts and body shop revenue reached a quarterly record.
April 24, 2013Accuride Reports 1Q Loss
Accuride Corp. reported a first-quarter loss but said that Class 8 vehicle orders and production are showing signs of improvement.
April 24, 2013Railroads Report Mixed 1Q Earnings
Norfolk Southern Corp. and Canadian Pacific reported their first-quarter profit increased but Canadian National said its profit declined.
April 24, 2013