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.
Study Cites More Than 18,000 Deficient Bridges
There are more than 18,000 structurally deficient bridges located in about 100 U.S. metropolitan regions, according to a new study on deteriorating infrastructure.
Radiant Logistics Reports Lower 4Q Earnings
Radiant Logistics, a third-party provider of airfreight and other services, said its fiscal fourth-quarter net income was $581,697, or 2 cents a share, down from $844,278, or 3 cents a share, a year earlier.
October 21, 2011Daimler Adding Second Shift at Western Star Plant in Oregon
Daimler Trucks North America said Thursday it is adding a second shift at its Western Star truck plant in Portland, Ore., to meet increased demand.
October 20, 2011LaHood Urges Senator to Drop HOS Amendment
Transportation Secretary Ray LaHood sent a letter to Sen. Kelly Ayotte (R-N.H.) shortly after the freshman senator filed paperwork introducing an amendment to keep current hours-of-service rules in place, urging her to drop the motion.
October 20, 2011Frozen Food Express Selling Dry Vans, Tractors to Celadon
Frozen Food Express Industries said it will sell more than 400 dry vans and almost 300 tractors to truckload carrier Celadon Trucking Services.
October 20, 2011Swift Posts Third-Quarter Profit
Swift Transportation Co. reported a third-quarter profit compared with a loss a year ago, as its trucking, intermodal and brokerage segments all improved.
October 20, 2011Leading Economic Indicators Rise in September
An index of leading economic indicators continued to rise in September, the New York-based Conference Board said Thursday.
October 20, 2011Existing Home Sales Decline in September
Existing home sales slipped 3% in September, the National Association of Realtors said Thursday.
October 20, 2011Union Pacific’s 3Q Income Rises 16%
Union Pacific Corp.’s third-quarter profit increased 16% from a year ago as higher prices offset slower growth in shipments and fuel costs.
October 20, 2011Philadelphia Manufacturing Index Rises
Manufacturing activity in the Philadelphia region increased in October, the Federal Reserve Bank of Philadelphia said Thursday.
October 20, 2011