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

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, 2011
Business

UPS 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, 2011
Business

Canadian 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, 2011
Business

Ryder’s First-Quarter Income Jumps

Ryder System said Tuesday its first-quarter profit more than doubled from a year ago.

April 26, 2011
Business, Equipment

Cummins’ 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, 2011
Business, Safety, Government

Swift 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, 2011
Business

Consumer Confidence Bounces Higher

Consumer confidence bounced in April from a three-month low, the New York-based Conference Board said Tuesday.

April 26, 2011
Business

Ford 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, 2011
Business, Fuel

Diesel 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, 2011
Business, Technology

Two 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