Business

About Business News...

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.

Business, Logistics

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, 2011
Business

E&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, 2011
Perspective, Business

Opinion: 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, 2011
Business

UPS 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, 2011
Business

Arkansas 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, 2011
Business

Ryder’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, 2011
Business

Con-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, 2011
Business

Factory Orders Gain in December

Factory orders rose 0.2% in December, the Commerce Department said Thursday.

February 3, 2011
Business

ISM Services Index Expands in January

The U.S. economy’s service sector expanded in January, the Institute for Supply Management said Thursday.

February 3, 2011
Business

Initial Jobless Claims Drop for Week

Initial jobless claims fell by 42,000 last week, the Labor Department said Thursday.

February 3, 2011