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.
Cooper Tire’s 2Q Income Declines
Cooper Tire & Rubber Co. said second-quarter earnings at its Cooper Tire division fell to $12 million, or 18 cents a share, from $19 million, or 30 cents, a year ago.
August 5, 2011Truckbase Business Overview, Features, Reviews 2024
Truckbase has emerged as the next-generation truck dispatch software leader with its suite of easy-to-use tools for truckload carriers.
Intermodal Traffic Rises 3.3% for Week
Intermodal traffic increased 0.8% last week from a year ago, the Association of American Railroads reported.
August 5, 2011Opinion: Can This Marriage Be Saved?
It takes a significant effort on the part of suppliers and customers alike to ensure that strains on key supplier-customer relationships are avoided, and there is a common focus on the contributions that create value.
August 5, 2011Oil Drops to Five-Month Low Under $90 a Barrel
Oil finished the trading day Thursday at its lowest level since February, diving below $90 a barrel as equities markets plunged, Bloomberg reported.
August 4, 2011Roadrunner Posts Second-Quarter Profit
Roadrunner Transportation Systems reported a second-quarter profit, compared with a loss a year ago, on higher freight revenue.
August 4, 2011Xata Reports Fiscal 3Q Loss
Xata Corp. Thursday reported a fiscal third-quarter loss of $500,000, or 4 cents per share, compared with net income of $600,000, or 2 cents, a year ago.
August 4, 2011Wright Express Reports Higher 2Q Profit
Wright Express Corp.’s second-quarter profit grew to $40.6 million, or $1.04 per share, compared with $30 million, or 77 cents, a year earlier.
August 4, 2011Initial Jobless Claims Dip 1,000 for Week
Initial jobless claims dipped by 1,000 last week to 400,000, the fewest in almost four months, Labor Department said Thursday.
August 4, 2011GM’s Second-Quarter Almost Doubles
General Motors Co.’s second-quarter profit almost doubled on rising U.S. sales, Bloomberg reported Thursday.
August 4, 2011ATA Announces Driver Appreciation Video Contest
American Trucking Associations will sponsor for the third year a video contest for National Truck Driver Appreciation Week, Sept. 11-17.
August 4, 2011