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

Washington Upgrading Skagit River Bridge to Allow Greater Truck Clearance

Washington state officials are upgrading the Interstate 5 bridge over the Skagit River that collapsed in May, with a goal of raising its overhead clearance to avoid damage from future incidents, the Washington State Department of Transportation said.

Timothy Cama | Staff Reporter
July 26, 2013
Business

Saia’s Second-Quarter Income Improves

Less-than-truckload carrier Saia Inc. said Friday its second-quarter net income improved from a year ago.

July 26, 2013
Business, Logistics

Universal Truckload’s Profit Improves

Universal Truckload Services’ second-quarter operating income rose from a year ago.

July 26, 2013
Business, Logistics

Echo Global Logistics’ Profit Rises

Echo Global Logistics said its second-quarter profit rose from a year ago, and its revenue improved.

July 26, 2013
Business, Government, Logistics

Consumer Confidence Rises in July

Consumer confidence rose this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

July 26, 2013
Business

Covenant’s Second-Quarter Profit Declines

Covenant Transportation Group’s second-quarter net income declined to $1.9 million, or 13 cents per share, from $4.3 million, or 29 cents, a year earlier.

July 26, 2013
Business

Rush Reports Lower 2Q Earnings, Will Buy Truck Dealerships in Three States

Rush Enterprises said its second-quarter profit declined from a year ago on lower sales and a retirement charge, and announced its intention to buy truck dealerships in three states.

July 26, 2013
Business, Logistics

Intermodal Volume Rises 2.8% for Week

Intermodal volume rose 2.8% for the week ended Saturday from the same week a year ago, the Association of American Railroads reported.

July 26, 2013
Business

Pacer Reports Higher 2Q Profit

Pacer International reported a higher second-quarter profit from a year ago, but its intermodal and logistics revenue declined.

July 26, 2013
Business, Technology

SkyBitz, Pana-Pacific Form Sales Partnership

Asset tracking firm SkyBitz said it has formed a sales partnership with commercial-vehicle accessory supplier Pana-Pacific.

July 26, 2013