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.
Mack, Michelin to Continue Sponsoring ‘Share the Road’ Program
PHOENIX — Mack Trucks Inc. and Michelin North America will continue their support of the “Share the Road” highway safety education program in 2011, company officials announced.
Opinion: Approaching Midterms Put Issues in Focus
Midterm elections are right around the corner, and a number of issues are at the forefront of voters’ minds — not the least of which is the economy. Everyone wants to know what will be done about job creation and economic growth.
October 22, 2010Class 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, 2010UPS’ 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, 2010