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.
Knight Transportation’s 4Q Income Rises
Knight Transportation reported a third-quarter profit of $17.5 million, or 22 cents a share, from $14.2 million, or 22 cents, a year ago.
January 26, 2012Coyote Logistics Creates 400 New Jobs in Chicago
Coyote Logistics said it plans to add 400 new jobs in the Chicago area.
January 26, 2012Langham Wins Extension of Airport Job
Indianapolis International Airport has awarded another multiyear contract to Langham Airport Logistics for logistics support services.
January 26, 2012Delhaize to Close Warehouse, Food Lion Stores
Delhaize Group SA, parent of Food Lion and Bloom supermarkets, said it would close its distribution center in Clinton, Tenn.
January 26, 2012Celadon’s 2Q Profit Almost Doubles
Celadon Group said late Wednesday its fiscal second-quarter net income almost doubled, to $5.4 million, or 24 cents per share, from $2.9 million, or 13 cents, a year ago.
January 25, 2012Obama Backs More Natural Gas Use for Trucking, Industry
Citing an abundant U.S. supply of natural gas, President Obama said in his State of the Union address Tuesday that “the development of natural gas will create jobs and power trucks and factories that are cleaner and cheaper.”
January 25, 2012President Highlights Need for Infrastructure
President Obama in his State of the Union address Tuesday cited the need for more infrastructure, saying that “so much of American needs to be rebuilt.”
January 25, 2012Marten Reports Record Fourth-Quarter Profit
Marten Transport’s fourth-quarter profit jumped almost 50% to a record, on higher logistics and truckload revenue.
January 25, 2012Accuride to Invest $75 Million to Increase Output, Quality
Commercial vehicle component supplier Accuride Corp. will invest $75 million this year to increase output, quality and reliability; upgrade its manufacturing processes and improve customer service.
January 25, 2012Obama Sets Policy to Protect Global Supply Chain
President Obama said for the first time that the United States has a national security interest to protect the nation’s economic goods against terrorists, criminals and natural disasters everywhere in the world, the Associated Press reported Wednesday.
January 25, 2012