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.
Frozen Food Express’ 2Q Loss Narrows
Frozen Food Express Industries said Thursday its second-quarter loss narrowed from a year ago.
July 28, 2011Dana’s 2Q Income Jumps; Company Boosts Outlook
Component maker Dana Holding Corp. said Thursday its second-quarter income jumped from a year ago and the company raised its earnings outlook for the year.
July 28, 2011Oshkosh’s 3Q Income Declines
Specialty truck maker Oshkosh Corp. said Thursday its fiscal third-quarter profit dropped from a year ago as sales of military vehicles declined.
July 28, 2011Initial Jobless Claims Fall 24,000 for Week
Initial jobless claims dropped last week by 24,000 to 398,000, the lowest level since April, the Labor Department said Thursday.
July 28, 2011Knight Transportation’s 2Q Income Improves
Knight Transportation said late Wednesday its second-quarter profit rose from a year ago on stronger truckload markets and improvement in its brokerage business.
July 27, 2011P.A.M.’s Second-Quarter Earnings Decline
Truckload carrier P.A.M. Transportation Services said Wednesday its second-quarter profit declined from a year ago.
July 27, 2011Economy, Transport Services Shows Mixed Activity, Fed Says
The Federal Reserve said Wednesday that the U.S. economy grew at a slower pace in more areas of the country in the six weeks through mid-July, while trucking and transportation services showed mixed activity.
July 27, 2011Daimler’s 2Q Income, Truck Sales Rise
Daimler AG said Wednesday its trucks unit’s second-quarter operating profit jumped 58% from a year ago, to $685 million.
July 27, 2011Celadon’s 4Q Profit Doubles; Full-Year Profit Jumps
Celadon Group’s fiscal fourth-quarter net income more than doubled to $5.5 million, or 24 cents per share, from $2.7 million, or 12 cents, a year ago.
July 27, 2011Rush Enterprises’ Income, Sales Jump on Higher Truck Sales
Truck dealership firm Rush Enterprises’ second-quarter profit more than doubled, as its truck sales jumped.
July 27, 2011