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.
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, 2011Best 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.
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, 2011Ryder’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, 2011Norfolk 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, 2011Saia 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, 2011Durable Orders Fall in June
Durable goods orders declined 2.1% in June, the Commerce Department said Wednesday.
July 27, 2011Canadian 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, 2011Covenant 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, 2011C.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, 2011June 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