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, Equipment

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, 2011

Truckbase 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.

Business, Logistics

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, 2011
Perspective, Business, Equipment

Opinion: 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, 2011
Business, Fuel

Oil 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, 2011
Business

Roadrunner 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, 2011
Business

Xata 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, 2011
Business

Wright 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, 2011
Business

Initial 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, 2011
Business

GM’s Second-Quarter Almost Doubles

General Motors Co.’s second-quarter profit almost doubled on rising U.S. sales, Bloomberg reported Thursday.

August 4, 2011
Business

ATA 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