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

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, 2011
Business, Autonomous

Rush Enterprises’ Income More Than Triples

Rush Enterprises’ first-quarter profit more than tripled from a year ago on higher truck sales.

April 21, 2011
Business

USA 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, 2011
Business, Logistics

Forward 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, 2011
Business, Equipment

Philadelphia 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, 2011
Government, Business

Leading 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, 2011
Business

Jobless Claims Drop for Week

Initial jobless claims decreased by 13,000 last week, the Labor Department reported Thursday.

April 21, 2011
Business, Technology

Qualcomm’s 2Q Profit Grows

Qualcomm Inc.’s profit gained 29% in the second quarter, it said.

April 21, 2011
Business, Logistics

Union 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, 2011
Business

Eaton’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