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.
Intermodal Traffic Grows 9.2% for Week
Intermodal traffic rose 9.2% last week compared with a year ago, the Association of American Railroads reported.
February 4, 2011E&MU: Keep Air Spring Suspensions in Shape
Air suspensions softened the jarring ride that drivers and cargo suffered for decades, but they brought with them maintenance issues that demand constant attention.
February 4, 2011Opinion: Trucking Is Up to the Challenge!
The most important near-term component of our campaign to retain the current hours of service rules is industry involvement.
February 4, 2011UPS Boosting Dividend
Two days after posting a big fourth-quarter profit, UPS Inc. said it is boosting its dividend by 5 cents per share.
February 3, 2011Arkansas Best’s 4Q Loss Narrows
Arkansas Best Corp. said Thursday its fourth-quarter loss was $3.1 million, or 12 cents a share, compared with a loss of $88.7 million, or $3.54 per share, a year earlier.
February 3, 2011Ryder’s Fourth-Quarter Profit Jumps
Ryder System said Thursday its fourth-quarter profit improved and that its operating revenue will rise 11% this year.
February 3, 2011Con-way Reports Fourth-Quarter Profit
Con-way Inc. reported a fourth-quarter profit compared with a loss a year ago, though excluding costs from the previous year, operating earnings at its less-than-truckload unit slipped due to higher health-care costs.
February 3, 2011Factory Orders Gain in December
Factory orders rose 0.2% in December, the Commerce Department said Thursday.
February 3, 2011ISM Services Index Expands in January
The U.S. economy’s service sector expanded in January, the Institute for Supply Management said Thursday.
February 3, 2011Initial Jobless Claims Drop for Week
Initial jobless claims fell by 42,000 last week, the Labor Department said Thursday.
February 3, 2011