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.
Forward Air’s Income Slips; Revenue Rises
Forward Air Corp. said its third-quarter net income slipped from a year ago, while revenue improved.
October 19, 2012Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Union Pacific’s 3Q Income Rises, CSX’s Slips
Two of the largest U.S. freight railroads reported third-quarter results, with intermodal revenue rising at both companies.
October 18, 2012Leading Economic Indicators Post Biggest Gain in Seven Months
An index of leading economic indicators rose 0.6% in September, the most in seven months, the New York-based Conference Board said Thursday.
October 18, 2012Philadelphia Manufacturing Index Rises
Manufacturing activity in the Philadelphia region expanded in October, the Federal Reserve Bank of Philadelphia said Thursday.
October 18, 2012Initial Jobless Claims Rise for Week
Initial jobless claims increased by 46,000 last week, the Labor Department said Thursday.
October 18, 2012Werner’s Third-Quarter Profit Slips
Werner Enterprises said its third-quarter net income fell 15% from a year ago due to softer freight demand and higher expenses.
October 18, 2012Meritor Axles Named Standard Equipment on Wabash Trailers
Component maker Meritor Inc. said Wednesday that Wabash National has selected Meritor trailer axles to be standard equipment on all Wabash trailers.
October 17, 2012Norfolk Southern Opens Alabama Intermodal Terminal
Norfolk Southern said it has opened a new intermodal facility in McCalla, Ala., to serve as part of an intermodal freight rail route between the Gulf Coast and the Northeast.
October 17, 2012Housing Starts Jump 15% to Four-Year High
Housing starts rose 15% in September to the highest level in four years, the Commerce Department said Wednesday.
October 17, 2012Marten’s 3Q Profit Improves
Marten Transport said its third-quarter profit rose on higher truckload and logistics revenue.
October 17, 2012