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

Norfolk Southern Reports Record Earnings

Norfolk Southern Corp. said its fourth-quarter profit rose 19%, on higher traffic and rates.

January 25, 2012
Business, Logistics

Swift Swings to Profit for 4Q, Year

Swift Transportation Co. Wednesday said its fourth-quarter profit was $36.8 million, or 26 cents a share, compared with a net loss of $48.3 million, or 66 cents, a year ago.

January 25, 2012
Government, Business, Technology, Equipment

‘Plenty on Plate’ for FMCSA This Year, Ferro Says

WASHINGTON — The Federal Motor Carrier Safety Administration will move forward with a host of developing rules and regulations regarding trucking this year, Administrator Anne Ferro said Tuesday.

Timothy Cama | Staff Reporter
January 24, 2012
Business

Truck Tonnage Posts Largest Annual Gain in 13 Years

Truck tonnage rose 5.9% last year over 2010, its biggest annual gain in 13 years, American Trucking Associations said Tuesday.

January 24, 2012
Business, Logistics

CSX Reports Higher 4Q Profit

CSX Corp.’s fourth-quarter profit rose 6% as higher rates offset a decline in volume, the freight railroad said.

January 24, 2012
Business, Fuel

Diesel Dips 0.6¢ to $3.848 a Gallon

Diesel fell less than a penny, dipping 0.6 cent to $3.848 a gallon, its first downturn in three weeks, the Department of Energy reported.

January 24, 2012
Business, Technology

Shorepower Adds Six Electrification Sites

Shorepower Technologies and Cascade Technologies, which provide truck stop electrification, said they are adding six locations in California and Oregon to expand availability of anti-idling equipment.

January 24, 2012
Business, Fuel

Hybrid Truck Sales Seen Nearly Doubling

Sales of hybrid and battery electric heavy- and medium-duty trucks will nearly double worldwide this year, and more than 100,000 will be on roadways by 2017, a research group said.

January 24, 2012
Business, Equipment

E&MU: High-Tech Tracking Keeps Parts Shelves Stocked and Ready

To keep their customers’ equipment up and running, truck dealers are increasingly relying on complex algorithms and predictive modeling to maintain inventory levels that will ensure they have the parts truckers need right when they need them, according to dealers and manufacturers.

January 23, 2012
Business, Technology

Five Tech Companies Debut Software, Service Upgrades

Five technology companies have recently unveiled upgrades to their systems serving the trucking industry.

Greg Johnson | Staff Reporter
January 23, 2012