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.
Volvo’s 1Q Profit Rises on Higher North American Truck Sales
Volvo AB reported a first-quarter profit, as its North American truck sales jumped.
April 26, 2012UPS Reports Higher First-Quarter Profit
UPS Inc. reported a higher first-quarter profit, led by a 19% gain in its supply chain and freight unit.
April 26, 2012Landstar Reports Record 1Q Earnings
Landstar System Thursday reported its first-quarter net income rose to $26.8 million, or 57 cents per share, from $20.6 million, or 43 cents, a year ago.
April 26, 2012Mullen’s First-Quarter Income Rises
Canadian transportation firm Mullen Group’s first-quarter profit rose on higher demand at its oilfield services and trucking and logistics units.
April 26, 2012ATA Calls for EOBRs in Highway Bill
American Trucking Associations urged members of the upcoming House-Senate highway-bill conference to include a mandate for electronic onboard recorders, in order to help drivers and carriers meet federal hours-of-service mandates.
April 26, 2012iTECH: Cameras Keep an Eye on Drivers
In this age of distracted driving and new federal rules, fleet operators face a heightened challenge: How can they know and control what is happening in the cabs of their trucks? Ignorance could be expensive and dangerous.
April 26, 2012Old Dominion’s 1Q Profit Rises
Old Dominion Freight Line on Thursday reported a higher first-quarter profit and said its revenue climbed to a record high.
April 26, 2012Jobless Claims Decline for Week
Initial jobless claims declined last week, but the previous week’s claims were revised upward, the Labor Department said Thursday.
April 26, 2012Pacer Reports First-Quarter Loss
Pacer International said Thursday it posted a first-quarter loss after turning a profit in the same quarter a year ago.
April 26, 2012Warehousing Operations Combined Under Lineage Logistics
Bay Grove Capital said it is combining the operations of five refrigerated warehousing companies acquired over the past three years under the name Lineage Logistics.
April 26, 2012