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

Celadon’s 4Q Profit Doubles; Full-Year Profit Jumps

Celadon Group’s fiscal fourth-quarter net income more than doubled to $5.5 million, or 24 cents per share, from $2.7 million, or 12 cents, a year ago.

July 27, 2011

Best Trucking Accounting Software 2024

If you’re simply looking for a bookkeeping tool, you can stop reading here, and look no further than QuickBooks. If you’re embracing the notion that trucking accounting goes far beyond that, or want to have a more expansive trucking accounting system of which QuickBooks is a key part, then read on.

Business

Rush Enterprises’ Income, Sales Jump on Higher Truck Sales

Truck dealership firm Rush Enterprises’ second-quarter profit more than doubled, as its truck sales jumped.

July 27, 2011
Business

Ryder’s Second-Quarter Net Income Improves

Ryder System said Wednesday its second-quarter profit increased from a year ago and raised its earnings forecast for the rest of 2011.

July 27, 2011
Business

Norfolk Southern’s 2Q Profit Jumps

Norfolk Southern Corp.’s second-quarter profit jumped 42 percent from the same quarter last year, the Eastern freight railroad reported.

July 27, 2011
Business

Saia Reports Higher 2Q Profit

Saia Inc. said Wednesday its second-quarter net income rose from a year ago on higher revenue, improved pricing and increased tonnage.

July 27, 2011
Business

Durable Orders Fall in June

Durable goods orders declined 2.1% in June, the Commerce Department said Wednesday.

July 27, 2011
Business

Canadian Railroads Report Mixed Earnings

Canadian National Railway Co. said its second-quarter net income rose to C$538 million, or C$1.18 cents per share, from C$534 million, or C$1.13 per share, a year earlier.

July 27, 2011
Business

Covenant Reports Second-Quarter Profit

Covenant Transportation Group turned around a first-quarter loss and posted a second quarter profit, though smaller than a year ago, the truckload carrier said.

July 26, 2011
Business

C.H. Robinson Reports Higher 2Q Profit

Transportation and third-party logistics firm C.H. Robinson Worldwide reported a second-quarter profit of $111 million, or 67 cents a share, up 14.2% from $97.2 million, or 59 cents, a year earlier.

July 26, 2011
Business

June Truck Tonnage Jumps 6.8%

Truck tonnage jumped 6.8% in June from a year ago, the largest year-over-year gain since an 8% surge in January, American Trucking Associations said.

July 26, 2011