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.
P.A.M. Reports Third-Quarter Loss
P.A.M. Transportation Services reported a third-quarter loss Wednesday, citing a softer freight market and increased costs.
October 27, 2010Best Trucking Management Software Buyer’s Guide
For growing carriers, choosing the right Trucking Management Software (TMS) is vital for the efficiency and growth of your transportation business. As we move into 2024, it's crucial to understand the key features and considerations that make a TMS solution stand out, and which ones play to your unique operation.
Old Dominion’s 3Q Income More Than Doubles
Old Dominion Freight Line said Wednesday its third-quarter income more than doubled on stronger less-than-truckload pricing.
October 27, 2010Celadon Group’s Fiscal 1Q Profit Improves
Truckload carrier Celadon Group’s fiscal first-quarter profit increased as its rate-per-mile improved.
October 27, 2010Durables Orders Rise 3.3%
Durable goods orders rose 3.3% in September led by a doubling of aircraft orders, the Commerce Department said Wednesday.
October 27, 2010New Home Sales Rise in September
New home sales increased in September, the second month of growth in a row, the Commerce Department said Wednesday.
October 27, 2010September Truck Tonnage Rises 5.1%
Truck tonnage rose 5.1% in September, the 10th straight year-over-year increase, American Trucking Associations said.
October 27, 2010Canadian National’s Third-Quarter Income Rises 21%
Canadian National Railway Co. said its third-quarter net income rose 21% to C$556 million, or C$1.19 per share, from C$461 million or 97 cents per share, a year earlier.
October 27, 2010C.H. Robinson Reports Improved 3Q Profit
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a third-quarter profit of $102.6 million, or 62 cents a share, up from $95.5 million, or 57 cents a share, a year ago.
October 27, 2010Canadian Pacific’s 3Q Profit Decreases
Canadian freight railroad Canadian Pacific’s third-quarter net income fell 6% to C$197.3 million, or C$1.17 per share, from C$209.3 million, or $1.24, a year earlier.
October 27, 2010FMCSA Backs ATA Position on Truck Decals
The Federal Motor Carrier Safety Administration has ruled that it is illegal for New Jersey and two local governments to require trucks to display decals or other forms of identification.