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

Oshkosh’s Income Down for 4Q, Year

Oshkosh Corp. said Tuesday its fiscal fourth-quarter profit slipped from a year ago as sales of military and emergency vehicles sales slowed.

November 1, 2011
Business, Equipment

Goodyear’s 3Q Income, Sales Reach Record

Goodyear Tire & Rubber Co. said its third-quarter net income and sales rose to records.

October 31, 2011
Business

Frozen Food Express’ 3Q Loss Grows

Frozen Food Express Industries said its third-quarter loss increased from a year ago.

October 31, 2011
Business

Vitran Posts Third-Quarter Loss

Vitran Corp. on Monday reported a third-quarter loss, compared with a profit a year ago.

October 31, 2011
Business

Dana’s 3Q Income More Than Doubles

Component maker Dana Holding Corp. said its third-quarter income more than doubled on higher sales, and the company boosted its full-year earnings outlook.

October 31, 2011
Business, Equipment

Cooper Tire’s 3Q Income Declines

Cooper Tire & Rubber Co. said its third-quarter earnings fell to $17 million, or 27 cents a share, from $45 million, or 71 cents, a year ago.

October 31, 2011
Business

Chicago Manufacturing Index Declines

Manufacturing activity in the Chicago area declined in October, the Institute for Supply Management-Chicago said Monday.

October 31, 2011
Business, Fuel

Oil Slips But Remains Over $90 a Barrel

Oil slipped in early trading Monday after its biggest monthly gain in two years, falling to near $92 a barrel, Bloomberg reported.

October 31, 2011
Business

P.A.M.’s Third-Quarter Loss Widens

P.A.M. Transportation Services reported a third-quarter loss of $1.7 million, or 19 cents per share, compared with a loss of $500,000, or 5 cents, a year ago.

October 31, 2011
Business, Technology

New Trailer Tools Save Fuel, Raise Productivity, Firms Say

GRAPEVINE, Texas — Enhancements to trailer productivity were spotlighted recently as suppliers offered several approaches to fleets for improving productivity by either lowering fuel costs or increasing payloads.

October 31, 2011