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.
Covenant’s First-Quarter Loss Narrows
Covenant Transportation Group reported a first-quarter loss of $640,000, or 4 cents per share, compared with a loss of $2.5 million, or 17 cents, a year earlier.
April 25, 2012Knight Transportation’s 1Q Income Rises
Knight Transportation said its first-quarter profit improved from a year ago on higher revenue.
April 25, 2012P.A.M. Turns First-Quarter Profit
Truckload carrier P.A.M. Transportation Services on Wednesday reported a first-quarter profit for the first time in five years.
April 25, 2012Dana Swings to First-Quarter Profit
Component maker Dana Holding Corp. reported a first-quarter profit compared with a loss a year ago, as its commercial-vehicle sales unit’s sales jumped.
April 25, 2012Accuride’s Loss Declines; Sales Rise
Component maker Accuride Corp.’s first-quarter loss narrowed as sales rose, the company said.
April 25, 2012Rush’s Income Jumps on Higher Truck Sales
Truck dealership Rush Enterprises said its first-quarter profit jumped, led by a doubling of its heavy-duty truck sales.
April 25, 2012Caterpillar’s 1Q Profit Tops $1.5 Billion
Heavy equipment maker Caterpillar Inc. said Wednesday its first-quarter profit climbed to a record high and the company boosted its full-year earnings outlook.
April 25, 2012Vitran’s 1Q Loss Widens
Vitran Corp. late Tuesday reported a larger first-quarter loss than a year ago despite a 12.1% gain in revenue.
April 25, 2012Celadon’s 3Q Profit More Than Doubles
Celadon Group’s fiscal third-quarter net income more than doubled, on higher freight revenue.
April 25, 2012Durable Orders Fall by Most in Three Years
Durable goods orders fell 4.2% in March, the biggest drop since January 2009, the Commerce Department said Wednesday.
April 25, 2012