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

Construction Spending Rises in September

Construction spending edged up 0.2% in September, the second straight monthly increase, the Commerce Department said Tuesday.

November 1, 2011
Business, Logistics

Expeditors’ Third-Quarter Profit Improves

Logistics firm Expeditors International of Washington said Tuesday its third-quarter profit rose 11% to $107 million, or 50 cents a share, from $96 million, or 44 cents, a year ago.

November 1, 2011
Government, Business

FMCSA Streamlines Registration Process

The Federal Motor Carrier Safety Administration has issued a revised proposal to streamline the agency’s registration process for motor carriers, brokers and freight forwarders — and eventually help the agency identify so-called “chameleon” operators.

Eric Miller | Senior Reporter
November 1, 2011
Business, Logistics

TransForce’s 3Q Earnings Decline

TransForce Inc.’s third-quarter net income declined to C$19.3 million, or 20 cents a share, from C$24.7 million, or 26 cents, a year earlier, the Montreal-based trucking and logistics company said Tuesday.

November 1, 2011
Business

Oshkosh’s Income Down for 4Q, Year

Oshkosh Corp. said Tuesday its fiscal fourth-quarter profit slipped from a year ago as sales of military and emergency vehicles sales slowed.

November 1, 2011
Business, Equipment

Goodyear’s 3Q Income, Sales Reach Record

Goodyear Tire & Rubber Co. said its third-quarter net income and sales rose to records.

October 31, 2011
Business

Frozen Food Express’ 3Q Loss Grows

Frozen Food Express Industries said its third-quarter loss increased from a year ago.

October 31, 2011
Business

Vitran Posts Third-Quarter Loss

Vitran Corp. on Monday reported a third-quarter loss, compared with a profit a year ago.

October 31, 2011
Business

Dana’s 3Q Income More Than Doubles

Component maker Dana Holding Corp. said its third-quarter income more than doubled on higher sales, and the company boosted its full-year earnings outlook.

October 31, 2011
Business, Equipment

Cooper Tire’s 3Q Income Declines

Cooper Tire & Rubber Co. said its third-quarter earnings fell to $17 million, or 27 cents a share, from $45 million, or 71 cents, a year ago.

October 31, 2011