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.
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, 2010TT Podcasts: RoadSigns
Check out Transport Topics' updated Top 100 list of the largest logistics companies in North America, and explore how the industry's top players have adapted to a tough freight market and are preparing for the future.
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, 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.
Ford Posts Record Third-Quarter Profit
Ford Motor Co. Tuesday reported its best third-quarter profit on record, becoming the world’s most profitable automaker, Bloomberg reported.
October 26, 2010Virginia Raising Speed Limit on Rural Interstates to 70 Mph
The rural speed limit on five more Virginia interstate highways will rise to 70 miles per hour from 65 mph by the end of the year, bringing 61% of Virginia’s interstate miles to the higher speed limit.
Paccar’s Third-Quarter Earnings Jump
Paccar Inc. said Tuesday its third-quarter profit jumped to $119.9 million, or 33 cents a share, from $13 million, or 4 cents, a year ago.
October 26, 2010Covenant Reports Third-Quarter Profit
Covenant Transportation Group reported its second consecutive quarterly profit in almost three years, posting its best back-to-back quarters since the last two quarters of 2005.
October 26, 2010Cummins’ 3Q Profit Almost Triples
Cummins Inc. said Tuesday its third-quarter profit almost tripled, led by strong performances in its engine segment and international markets.
October 26, 2010