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.
Intermodal Traffic Rises 4.6% for Week
U.S. intermodal traffic rose 4.6% for the week ended Saturday from a year ago, the Association of American Railroads said.
October 28, 2011QuickBooks for Trucking: Connecting QuickBooks to Your TMS
Learn how Truckbase connects QuickBooks for trucking and your TMS to help you marry your trucking-specific data in your TMS with your financial data in QuickBooks.
CVG Reports Higher Third-Quarter Profit
Commercial Vehicle Group reported third-quarter income of $7.4 million, or 26 cents per share, up from to $1.1 million, or 4 cents, a year ago.
October 28, 2011Old Dominion’s 3Q Profit Jumps
Old Dominion Freight Line said Thursday its third-quarter profit rose almost 60% and its revenue reached a third-quarter record.
October 27, 2011Daimler Predicts Higher Truck Sales in 4Q
Daimler AG predicted a higher fourth-quarter profit on gains at its trucks and vans divisions, Bloomberg reported Thursday.
October 27, 2011Pacer Reports Higher 3Q Profit, Boosts Outlook
Pacer International on Thursday reported higher third-quarter profit and raised its full-year earnings outlook.
October 27, 2011Celadon’s 1Q Income Increases
Celadon Group late Wednesday reported a fiscal first-quarter profit of $5.4 million, or 24 cents per share, up from $4.4 million, or 20 cents, a year ago.
October 27, 2011Knight’s Third-Quarter Income Flat
Knight Transportation’s third-quarter profit was about even with a year ago, at $16.6 million, or 21 cents a share, compared with $16.7 million, or 20 cents, for the same quarter of 2010.
October 27, 2011Mullen Group’s 3Q Profit Declines
Canadian transportation firm Mullen Group reported its third-quarter profit declined to C$11 million, or 14 cents per share, from C$28 million, or 36 cents, a year before.
October 27, 2011Jobless Claims Decline for Week
Initial jobless claims fell by 2,000 last week and continuing clams fell to the lowest level in more than three years, the Labor Department said Thursday.
October 27, 2011Norfolk Southern Reports Higher 3Q Profit
Norfolk Southern Corp.’s third-quarter profit rose 24 percent from the same quarter last year, the Eastern freight railroad reported.
October 27, 2011