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.
Kerry Logistics Wins Pact With Hugo Boss
Kerry Logistics Network has disclosed it has won a contract with Hugo Boss AG to manage distribution of the German fashion designer’s goods in China.
October 20, 2011Best Trucking Software 2024
For growing asset-based carriers, ensuring you have the right trucking software is essential for managing fleets, optimizing operations, and winning more higher-paying loads.
Forward Air’s 3Q Income Improves
Forward Air Corp. said late Wednesday its third-quarter net income rose to $12.9 million, or 44 cents per share, from $8.9 million, or 31 cents, a year ago.
October 19, 2011Senator’s Measure Would Block HOS Rule
A Senate amendment introduced this week would stop the Federal Motor Carrier Safety Administration from implementing its plan to revise the federal hours-of-service rule.
October 19, 2011Dan England Elected ATA Chairman
GRAPEVINE, Texas — American Trucking Associations’ Board of Directors elected Dan England, chairman of Salt Lake City-based C.R. England Inc., its 67th chairman.
October 19, 2011Werner’s Third-Quarter Earnings Improve
Werner Enterprises’ third-quarter earnings rose 22%, despite higher fuel costs.
October 19, 2011Marten Reports Higher 3Q Profit
Marten Transport’s third-quarter profit rose 15.5% on improved performance in its truckload and logistics sectors.
October 19, 2011CSX Reports Higher Third-Quarter Profit
CSX Corp. said its third-quarter net income rose to $464 million, or 43 cents per share, from $414 million, or 36 cents, a year ago.
October 19, 2011September Housing Starts Climb 15%
Housing starts jumped 15% in September to the highest level since April 2010, the Commerce Department said Wednesday.
October 19, 2011States Get More Back from Highway Trust Fund Than They Collect, GAO Says
Every state receives more in highway funding than it is contributing to the Highway Trust Fund via federal fuel taxes and truck excise taxes, said a new study by the U.S. Government Accountability Office.
Daimler Rebrands ‘Detroit’ Line of Powertrain Components
Daimler Trucks North America unveiled its new Detroit brand encompassing all of its powertrain components, including its Detroit Diesel engine line.
October 18, 2011