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.
Bose Enters Trucking Sector With High-Tech Seat
FRAMINGHAM, Mass. — Audio products maker Bose Corp. has jumped into the trucking sector, unveiling a high-tech seat for over-the-road drivers to combat road vibration.
January 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.
Werner’s Fourth-Quarter Profit Dips
Truckload carrier Werner Enterprises said its fourth-quarter profit slipped to $18 million, or 25 cents a share, from $18.6 million, or 26 cents, a year ago.
January 27, 2010Knight’s 4Q Income Declines
Truckload carrier Knight Transportation’s fourth-quarter profit fell 18.6% to $13.1 million, or 16 cents a share, compared with $16.1 million, or 19 cents, a year ago.
January 27, 2010Heartland’s 4Q Profit Falls
Truckload carrier Heartland Express said its fourth-profit dropped 44.8% from a year ago.
January 27, 2010Norfolk Southern’s 4Q Profit Drops 32%
Norfolk Southern Corp. reported that its fourth-quarter profit fell 32% from a year ago.
January 27, 2010Landstar’s 4Q Income Declines
Truckload carrier Landstar System said late Wednesday its fourth-quarter net income fell to $18.6 million, or 37 cents a share, from $24.6 million, or 47 cents, a year ago.
January 27, 2010Fed Holds Interest Rate at Record Low
The Federal Reserve voted for a 10th straight time Wednesday to keep a key U.S. interest rate at a record low “target range” of zero to 0.25%.
January 27, 2010New Home Sales Slip in December
New home sales fell 7.6% in December, the Commerce Department said Wednesday.
January 27, 2010Caterpillar’s Fourth-Quarter Profit Drops 65%
Heavy equipment and diesel engine maker Caterpillar Inc.’s fourth-quarter profit fell 65% to $232 million, or 36 cents a share, from $661 million, or $1.08, a year ago.
January 27, 2010Mich. Lawmakers Propose 40% Diesel Tax Increase
Michigan lawmakers have proposed a 6-cent increase in the state’s diesel tax to help pay for road improvements, the Associated Press reported.
January 27, 2010