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.
RSI Logistics Acquires Freight Resources Network
RSI Logistics Inc. said it has acquired transportation software company Freight Resources Network. Terms were not disclosed.
January 25, 2013TT Podcasts: RoadSigns
Check out Transport Topics' updated Top 100 list of the largest logistics companies in North America, and explore how the industry's top players have adapted to a tough freight market and are preparing for the future.
J.B. Hunt’s 4Q Income Improves
J.B. Hunt Transport Services’ fourth-quarter and full-year profits rose, led by gains at its intermodal and dedicated contract services segments.
January 24, 2013Leading Economic Indicators Rise 0.5%
An index of leading economic indicators rose 0.5% in December, the New York-based Conference Board said Thursday.
January 24, 2013Union Pacific Reports $1 Billion 4Q Profit
Union Pacific Corp. said Thursday its fourth-quarter profit rose to more than $1 billion on higher chemical, automobile and intermodal shipments.
January 24, 2013QualaWash Acquires Two Firms
QualaWash Holdings said it has acquired Shreveport Tank Wash and Tank Wash Specialists. Terms were not disclosed.
January 24, 2013Jobless Claims Fall to Five-Year Low
Initial jobless claims decreased by 5,000 to 330,000 last week to the lowest level in five years, the Labor Department said Thursday.
January 24, 2013Heartland Express Reports Lower 4Q Income; Revenue Rises
Heartland Express said its fourth-quarter profit fell from a year ago, though revenue improved, and the company continued to upgrade its fleet.
January 24, 2013Swift Reports Higher 4Q Profit
Swift Transportation Co. said its fourth-quarter and full-year profit rose and that it recorded the highest quarterly revenue and operating profit in its history.
January 24, 2013Celadon’s 2Q Net Income Increases
Celadon Group said late Wednesday its fiscal second-quarter profit jumped almost 35% on operating efficiencies and cost control.
January 23, 2013Volvo to Award Two Fleets $25,000 Each in Annual Safety Contest
Volvo Trucks said Wednesday it is again sponsoring the Volvo Trucks Safety Award, a contest that will award the two safest fleets in the U.S. and Canada with $25,000 each, to be used toward their safety-related activities.
January 23, 2013