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

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, 2010

Best 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.

Business

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, 2010
Business

Celadon Group’s Fiscal 1Q Profit Improves

Truckload carrier Celadon Group’s fiscal first-quarter profit increased as its rate-per-mile improved.

October 27, 2010
Business

Durables 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, 2010
Business, Government

New 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, 2010
Business

September 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, 2010
Business, Logistics

Canadian 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, 2010
Business

C.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, 2010
Business

Canadian 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, 2010
Government, Business

FMCSA 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.

Michele Fuetsch | Staff Reporter
October 26, 2010