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.
TravelCenters’ 3Q Profit Jumps
TravelCenters of America said Monday its third-quarter earnings jumped from a year ago as fuel sales increased.
November 7, 2011Xata Reports Loss for Fiscal 4Q, Year
Xata Corp. reported a fiscal fourth quarter loss of $1.6 million, or 15 cents per share, compared to a profit of $100,000, or breakeven per share, a year ago.
November 7, 2011Qualcomm Reports Higher Profits for 4Q, Year
Qualcomm Inc. said its fiscal fourth-quarter net income rose 22% to $1.06 billion, or 62 cents per share, from $865 million, or 53 cents, a year ago.
November 7, 2011TT Logistics 50: Global Events Alter 3PLs’ Strategies, Practices
Natural disasters, political upheaval and financial woes are forcing shippers to reevaluate their supply chains and, in some cases, change the way they procure parts and materials and the way they distribute goods.
November 7, 2011Truck Orders Jump 46% in October; Dealers Say Fleets Expanding
Class 8 truck orders in North America jumped 46% in October over the corresponding month of last year, leading several major truck dealers to conclude both that the industry has begun a multi-year recovery and that some fleets have quietly begun to expand.
November 7, 2011Gasoline Slips 4¢ to $3.43, Lundberg Says
Gasoline’s national average price fell 4 cents over the two weeks to an average $3.43 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
November 7, 2011Growth of Domestic Truck/Rail Shipments Expected to Highlight Intermodal Expo
When the largest U.S. intermodal event returns to its roots in Atlanta this weekend, Intermodal Expo attendees will be talking about an industry in which steadily growing domestic truck/rail shipments are stealing the spotlight from slow-growing international cargo.
November 7, 2011Kenworth Says Tech Advances Boost Market Share
MOUNT VERNON, Wash. — Truck research conducted here has helped boost Kenworth Truck Co. sales by more than 90% this year, and ongoing demonstrations for fleets could maintain the trend into next year, the company’s general manager said of activities at the Paccar Technical Center.
November 7, 2011UPS Freight Adds Online Notifications for LTL Pickups
UPS Freight last week unveiled new less-than-truckload pickup features for shippers and their customers that are meant to enhance service.
November 7, 2011Editorial: Waiting and Hoping
The good news is that the Federal Motor Carrier Safety Administration missed the court-imposed deadline for submitting its latest iteration of the hours-of-service rule to govern commercial drivers.
November 7, 2011