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

June Truck Tonnage Rises 5.9% to Record

Truck tonnage rose 5.9% in June from the same month last year to a record high, American Trucking Associations said.

July 23, 2013
Business

UPS’ 2Q Earnings Dip

UPS Inc. said Tuesday that its second-quarter earnings dipped from a year ago, and the company predicted its earnings would rise by 4% to 13% in the second half of the year.

July 23, 2013
Business

Werner’s 2Q Net Income Falls

Werner Enterprises said its second-quarter profit declined from a year ago on a soft freight environment in April and lower miles per truck.

July 23, 2013
Government, Business

House Bill Would Keep Weight Allowance on Wisconsin Highway

The U.S. House of Representatives passed a bill Monday that would let Wisconsin allow trucks over 80,000 pounds currently running on U.S. Highway 41 to continue using the road if it is designated as an interstate highway next year.

Michele Fuetsch | Staff Reporter
July 23, 2013
Business, Fuel

Diesel Rises 3.6¢ to $3.903 in Third Gain

Diesel rose 3.6 cents to $3.903 a gallon, its third straight weekly increase, while gasoline rose for a second week, the Department of Energy reported.

July 23, 2013
Business

Paccar’s Second-Quarter Profit Dips

Paccar Inc. said Tuesday its second-quarter profit dipped from a year ago but cited “gradually improving truck sales and strong aftermarket parts.”

July 23, 2013
Business

Ryder’s Second-Quarter Income Improves

Ryder System’s second-quarter profit rose to $62.6 million, or $1.19 per share, from $46.8 million, or 91 cents, a year ago.

July 23, 2013
Business, Equipment

Commercial Vehicle Group Reports 2Q Loss

Commercial Vehicle Group reported a second-quarter loss, the truck and auto components maker said.

July 23, 2013
Business, Technology

Roehl Transport to Equip 500 Trailers With Trailer Tails

Roehl Transport said it will install drag-reducing aerodynamic “tails,” supplied by ATDynamics Inc., on 500 trailers.

July 23, 2013
Business

Staffing Firm TransForce Acquires DriveForce

Driver staffing firm TransForce said it has acquired DriveForce, a regional staffing company. Terms were not disclosed.

July 23, 2013