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.
CVSA’s Roadcheck Set for June 7-9
The Commercial Vehicle Safety Alliance will hold its annual Roadcheck event June 7-9, it said in a statement.
April 26, 2011UPS Reports Higher 1Q Profit; Boosts Full-Year Earnings Forecast
UPS Inc. said Tuesday its first-quarter improved as its supply chain and freight unit’s operating profit jumped 44%.
April 26, 2011Canadian National Reports Higher 1Q Profit
Canadian National Railway Co. said its first-quarter net income increased 30.7% to C$668 million, or C$1.45 per share, from C$511 million or C$1.08 per share, a year earlier.
April 26, 2011Ryder’s First-Quarter Income Jumps
Ryder System said Tuesday its first-quarter profit more than doubled from a year ago.
April 26, 2011Cummins’ 1Q Profit More Than Doubles
Engine maker Cummins Inc. said Tuesday its first-quarter profit more than doubled from a year ago as international markets soared.
April 26, 2011Swift Swings to First-Quarter Profit
Swift Transportation Co. reported a first-quarter profit compared with a loss a year ago, as its operating income more than doubled.
April 26, 2011Consumer Confidence Bounces Higher
Consumer confidence bounced in April from a three-month low, the New York-based Conference Board said Tuesday.
April 26, 2011Ford Reports Best 1Q Since 1998
Ford Motor Co.’s first-quarter profit rose 22% to the highest level in 13 years, the company said Tuesday.
April 26, 2011Diesel Dips 0.7¢ to $4.098 a Gallon; Gasoline Gains 3.5¢ to $3.879
Diesel’s national average dipped less than a penny Monday, falling 0.7 cent to $4.098 a gallon, just the second downturn since Thanksgiving, the Department of Energy said Monday.
April 25, 2011Two Senators Call for Closer Review of Next-Generation Cellular Network
Two U.S. senators called for greater regulatory scrutiny of a proposed next-generation cellular network that, some critics contend, could interfere with or even block GPS signals.
April 25, 2011