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.
Landstar’s 1Q Profit Improves on Higher Freight Demand
Landstar System said Thursday its first-quarter earnings rose and that pricing has continued to improve into the second quarter.
April 21, 2011Rush Enterprises’ Income More Than Triples
Rush Enterprises’ first-quarter profit more than tripled from a year ago on higher truck sales.
April 21, 2011USA Truck’s First-Quarter Loss Narrows
USA Truck reported a first-quarter loss of $2.7 million, or 26 cents per share, compared with a loss of $3 million, or 24 cents, a year ago.
April 21, 2011Forward Air’s 1Q Income More than Doubles
Forward Air Corp.’s first-quarter net income rose to $7.9 million, or 27 cents a share, from $3.4 million, or 12 cents, a year ago.
April 21, 2011Philadelphia Manufacturing Index Slows
Manufacturing activity in the Philadelphia region slowed this month but showed expansion, the Federal Reserve Bank of Philadelphia said Thursday.
April 21, 2011Leading Economic Indicators Grow 0.4%
An index of leading economic indicators rose 0.4% in March, the ninth straight monthly increase, the New York-based Conference Board said Thursday.
April 21, 2011Jobless Claims Drop for Week
Initial jobless claims decreased by 13,000 last week, the Labor Department reported Thursday.
April 21, 2011Qualcomm’s 2Q Profit Grows
Qualcomm Inc.’s profit gained 29% in the second quarter, it said.
April 21, 2011Union Pacific’s 1Q Income Rises 24%
Freight rail line Union Pacific Corp. said Wednesday its first-quarter profit rose 24% from a year ago on higher volume.
April 20, 2011Eaton’s First-Quarter Profit Jumps
Truck and auto components maker Eaton Corp.’s first-quarter profit jumped 80% as its truck unit’s sales rose 27%.
April 20, 2011