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.
Durable Orders Rise 1.6% in June
Durable goods orders rose 1.6% in June, the Commerce Department said Thursday.
July 26, 2012Initial Jobless Claims Drop for Week
Initial jobless claims dropped last week, the Labor Department said Thursday.
July 26, 2012Landstar’s 2Q Earnings Jump on Higher Demand
Truckload carrier Landstar System said its earnings per share rose to a second-quarter record as its trucking and logistics operations improved on higher demand.
July 26, 2012Knight Transportation’s 2Q Income Rises
Knight Transportation said late Wednesday its second-quarter profit improved from a year ago.
July 25, 2012June Truck Tonnage Rises 3.2%
Truck tonnage rose 3.2% in June from a year ago, the smallest year-over-year gain since March, American Trucking Associations said Wednesday.
July 25, 2012Daimler’s Truck Unit Posts Higher 2Q Profit on Strong Sales
Daimler AG said Wednesday its truck unit’s second-quarter earnings and revenue rose on higher sales.
July 25, 2012Frozen Food Express Swings to 2Q Profit
Frozen Food Express Industries reported a second-quarter profit, turning around a loss from a year ago, as its brokerage and logistics results improved.
July 25, 2012C.H. Robinson Reports Higher 2Q Profit
C.H. Robinson Worldwide reported higher a second-quarter profit, led by improved performance in its logistics operations.
July 25, 2012New Home Sales Fall From Two-Year High
New home sales fell 8.4% in June from a two-year high, led by a record plunge in the Northeast, the Commerce Department said Wednesday.
July 25, 2012Caterpillar Posts $1.7 Billion Profit, Boosts Outlook
Heavy equipment maker Caterpillar Inc. Wednesday reported a $1.7 billion second-quarter profit and boosted its full-year earnings outlook.
July 25, 2012