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

Celadon Second-Quarter Income Drops 30.5%

Celadon Group Inc.’s net income fell 30.5% in its fiscal second quarter, the truckload carrier announced Jan. 30.

January 30, 2014
Business, Technology, Equipment, Safety

Landstar’s Income Grows for 4Q and 2013

Landstar System Inc. said its net income increased in the fourth quarter and the 2013 year, but income from continuing operations dropped.

January 30, 2014
Business

UPS’ 4Q Profit Rises

UPS Inc. said its net income rose in the fourth quarter compared with a year earlier, but fell on an adjusted basis due to unexpected volume and inclement weather.

January 30, 2014
Business

Tennessee Trucking Association’s Huneryager named to ATRI Board

Tennessee Trucking Association President Dave Huneryager has been appointed to the board of directors of the American Transportation Research Institute.

January 30, 2014
Government, Business

Arkansas Best Reports Fourth-Quarter Profit

Arkansas Best Corp. posted a fourth-quarter profit after a third-quarter loss, and net income was higher than the same period last year.

January 30, 2014
Government, Business

Economy Grows 3.2% in Fourth Quarter

The U.S. economy expanded at a 3.2% annual rate in the fourth quarter as consumer spending increased, the Commerce Department said Jan. 30.

January 30, 2014
Business

Jobless Claims Rise to Highest Level in More Than a Month

Initial jobless claims rose to the highest level in more than a month, the Labor Department reported Jan. 30.

January 30, 2014
Business

Volvo Trucks Opens Applications for Fleet Safety Award

Volvo Trucks is taking nominations for the Volvo Trucks Safety Award, an annual competition that honors two fleets with exceptional driving records.

January 29, 2014
Government, Business, Fuel

Bills Would Encourage Natural Gas in Trucking

Two Republican congressmen have introduced three natural-gas bills that could increase the use of the fuel in the trucking industry.

Michele Fuetsch | Staff Reporter
January 29, 2014
Business

Knight Fourth-Quarter Income Rises

Knight Transportation Inc. said Jan. 29 its fourth-quarter profit increased 13.6% on improved freight demand.

January 29, 2014