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, Logistics

Intermodal Traffic Rises 7.2% for Week

U.S. rail intermodal traffic rose 7.2% last week over the same week a year ago, the Association of American Railroads said.

February 8, 2013
Business

Daimler’s 4Q Truck Sales Fall; Full-Year Sales Improve

Daimler AG said Thursday its truck unit’s earnings and revenue fell in the fourth quarter, but sales rose 9% last year, boosted by growth in North America and Asia.

February 7, 2013
Business

Roadrunner Reports Higher Fourth-Quarter Profit

Roadrunner Transportation Systems’ fourth-quarter profit climbed to $9.5 million, or 29 cents a share, from $6.9 million, or 22 cents, a year ago.

February 7, 2013
Business

Pacer’s Fourth-Quarter Income Increases

Pacer International’s fourth-quarter net income rose as its intermodal revenue increased, but logistics margins declined from a year ago.

February 7, 2013
Business, Logistics

Intermodal Container Volume Rose to Record Last Year, IANA Says

Intermodal container volume for 2012 rose 5.9% to an all-time high of 13.1 million units, the Intermodal Association of North America said Thursday.

February 7, 2013
Business

Old Dominion Freight Line’s 4Q Income Dips

Old Dominion Freight Line said Thursday its fourth-quarter income dipped but its revenue improved.

February 7, 2013
Business

Con-way’s 4Q Profit Slips; Full-Year Income Improves

Con-way Inc. said its fourth-quarter net income slipped from a year ago while revenue improved, but its full-year profit rose from the previous year.

February 7, 2013
Business

Fourth-Quarter Productivity Declines

U.S. workers’ fourth-quarter productivity declined as the economy slowed, the Labor Department said Thursday.

February 7, 2013
Business

Initial Jobless Claims Fall for Week

Initial jobless claims fell by 5,000 last week, the Labor Department said Thursday.

February 7, 2013
Business, Fuel

DEF Pump Price Holds at $2.79 a Gallon

The retail price of diesel exhaust fluid at U.S. truck stops held at $2.79 a gallon in January from the previous month, Integer Research Ltd. reported.

February 7, 2013