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.
Jobless Claims Rise for Week
Initial jobless claims increased by 25,000 last week, the Labor Department reported Thursday.
April 28, 2011P.A.M.’s First-Quarter Loss Widens
Truckload carrier P.A.M. Transportation Services said its first-quarter loss widened from a year ago.
April 27, 2011Volvo’s 1Q Income, Truck Sales Increase
Volvo AB Wednesday said its first-quarter sales and net income increased as worldwide truck sales rose.
April 27, 2011ODFL’s First-Quarter Profit Jumps
Old Dominion Freight Line’s first-quarter profit almost tripled on higher tonnage, the less-than-truckload carrier said Wednesday.
April 27, 2011Dana’s 1Q Loss Narrows as Sales Rise 20%
Component maker Dana Holding Corp. said Wednesday its first-quarter loss narrowed and that it had positive adjusted net income excluding certain charges.
April 27, 2011Covenant Reports Larger First-Quarter Loss
Covenant Transportation Group reported a first-quarter loss of $2.5 million, or 17 cents per share, compared with a loss of $2.2 million, or 15 cents, a year earlier.
April 27, 2011Durable Goods Orders Rise in March
Durable goods orders grew 2.5% in March, the Commerce Department said Wednesday.
April 27, 2011Truck Tonnage Rises 6.3% in March
Truck tonnage jumped 6.3% in March from a year ago, American Trucking Associations said Tuesday.
April 26, 2011Celadon’s Fiscal 3Q Profit Jumps
Truckload carrier Celadon Group’s fiscal third-quarter profit jumped from a year ago, the company said late Tuesday.
April 26, 2011Vitran’s First-Quarter Loss Narrows
Vitran Corp. said late Tuesday its first-quarter loss narrowed from a year ago, as its revenue rose 18%.
April 26, 2011