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.
Class 8 Truck Orders Jump 37% in September, ACT Says
September orders of Class 8 trucks totaled 15,231 — up 37% from a year ago, according to a report by ACT Research Co.
October 22, 2010EDI for Trucking: Everything You Need to Know
Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.
UPS’ Third-Quarter Income Jumps 80%
UPS Inc. said Thursday its third-quarter income jumped 80% to $991 million, or 99 cents a share, from $549 million, or 55 cents, a year ago.
October 22, 2010Ryder Reports Higher Third-Quarter Profit
Ryder System said Thursday its third-quarter profit rose 62% on stronger demand for commercial truck rentals and used vehicles.
October 22, 2010USA Truck Returns to Profit in 3Q
USA Truck Thursday reported a $600,000 profit in the third quarter, compared with a $1.6 million loss a year ago.
October 22, 2010Volvo Reports 3Q Profit; North American Truck Sales Jump 38%
Volvo AB Friday reported a third-quarter profit compared with a loss a year ago, as North American and global truck sales both increased.
October 22, 2010Caterpillar’s 3Q Income Jumps 96% on Stronger Sales
Heavy equipment maker Caterpillar Inc. said Thursday its third-quarter net income jumped 96%, due in part to strong sales in developing countries.
October 21, 2010Heartland Express’ Third-Quarter Profit Improves
Heartland Express’ third-quarter profit rose 26% to $18.3 million, or 20 cents per share, from $14.5 million, or 16 cents, a year ago.
October 21, 2010Rush Enterprises’ 2Q Profit Improves on Higher Truck Sales
Truck dealership Rush Enterprises said its third-quarter profit improved as sales rose.
October 21, 2010Leading Indicators Rise for Third Month
An index of leading economic indicators rose 0.3% in September, the third consecutive increase, the New York-based Conference Board said Thursday.
October 21, 2010Philadelphia Manufacturing Index Expands
Manufacturing levels in the Philadelphia region expanded in October for the first time in three months, the Federal Reserve Bank of Philadelphia said Thursday.
October 21, 2010