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.
Tornadoes Damage Trucking Facilities in South
This week’s tornado outbreak across the South destroyed damaged or several trucking facilities, company executives said.
April 29, 2011Caterpillar’s 1Q Profit Tops $1.2 Billion
Heavy equipment maker Caterpillar Inc. said Friday its first-quarter profit more than quintupled on higher sales, and its boosted its full-year earnings outlook.
April 29, 2011Personal Spending Gains 0.6%
Consumer personal spending rose 0.6% in March, the Commerce Department said Friday.
April 29, 2011Chicago Manufacturing Index Slips in April
Manufacturing activity in the Chicago region slipped in April from March, but showed continued expansion, the Institute for Supply Chain Management-Chicago said Friday.
April 29, 2011Consumer Confidence Increases in April
Consumer confidence rose in April from a 16-month low, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
April 29, 2011Opinion: Sleep Apnea and the Regulatory Agenda
The country’s recent economic climate certainly illustrates how essential and strong the transportation component is to our way of life, but trucking has needed to navigate regulatory challenges as well.
April 29, 2011Pacer Posts First-Quarter Profit
Pacer International said Thursday it posted a first-quarter profit compared with a loss a year ago.
April 28, 2011Exxon, Shell Post Huge 1Q Profits on High Oil Prices
The world’s two largest oil companies Thursday reported multi-billion-dollar first-quarter profits, up from a year ago, on higher crude oil prices.
April 28, 2011Saia Swings to First-Quarter Profit
Less-than-truckload carrier Saia Inc. reported a first-quarter profit compared with a loss a year earlier, as tonnage improved.
April 28, 2011Oshkosh’s 2Q Income Declines
Specialty truck maker Oshkosh Corp. said Thursday its fiscal second-quarter profit dropped from a year ago as sales of some military vehicles declined.
April 28, 2011