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.
I-70 Reopens in Missouri as Midwest Recovers from Snow
Missouri officials reopened Interstate 70 to traffic Wednesday morning after it had been closed due to a major snow storm.
February 2, 2011Best Trucking Software 2024
For growing asset-based carriers, ensuring you have the right trucking software is essential for managing fleets, optimizing operations, and winning more higher-paying loads.
C.H. Robinson Reports Improved 4Q Profit
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a fourth-quarter profit of $103.2 million, or 62 cents a share, up 17.6% from $87.7 million, or 52 cents, a year earlier.
February 2, 2011NAFTA Surface Trade Increases 15.5%
Surface transportation trade among the United States, Canada and Mexico rose 15.5% in November from a year earlier, the Department of Transportation said.
February 2, 2011ISM Manufacturing Index Has Best Showing Since 2004
U.S. manufacturing activity rose in January at the fastest pace in almost seven years, the Institute for Supply Management said Tuesday.
February 1, 2011Winter Storm Pounds Midwest, Heads Toward Northeast
A huge winter storm that is pounding the middle of the country with snow and ice Tuesday has left roads dangerous in many states and its moving toward the Northeast, news services reported.
February 1, 2011Landstar’s Earnings Improve for 4Q, Year
Truckload carrier Landstar System said Tuesday its fourth-quarter earnings rose to $24.1 million, or 50 cents per share, from $18.6 million, or 37 cents, a year earlier.
February 1, 2011Cummins’ Profit Rises for 4Q, Year
Diesel engine maker Cummins Inc. said Tuesday its fourth-quarter profit rose from a year ago as sales jumped 22% and that 2010 was the strongest year in its history.
February 1, 2011Paccar Reports Higher 4Q Profit
Paccar Inc. said Tuesday its fourth-quarter profit rose and the truck manufacturer said it sees a stronger truck market for 2011.
February 1, 2011U.S. Xpress Celebrates 25 Years of Service
CHATTANOOGA, Tenn. — On Jan. 21, a quarter-century to the day after U.S. Xpress Enterprises hauled its first load of freight, business “stinks,” said Max Fuller, the company’s co-founder and chief executive officer.
February 1, 2011Construction Spending Falls to Decade Low
Construction spending dropped 2.5% in December to the lowest level in a decade, the Commerce Department reported Tuesday.
February 1, 2011