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.
Chicago Manufacturing Index Rises in July
Manufacturing activity in the Chicago region grew in July, showing expansion for the tenth straight month, the Institute for Supply Chain Management-Chicago said Friday.
July 30, 2010Second-Quarter GDP Grows 2.4%
The U.S. gross domestic product rose at a 2.4% annual rate in the second quarter, the Commerce Department said Friday.
July 30, 2010Intermodal Traffic Rises for Week
Intermodal rail traffic increased 19.2% last week compared with a year ago, the Association of American Railroads said.
July 30, 2010Universal Truckload’s 2Q Income Increases
Universal Truckload Services’ second-quarter profit rose to $4.6 million, or 29 cents per share, from $1.3 million, or 8 cents, a year ago.
July 29, 2010NAFTA Surface Trade Rises in May
Surface transportation trade among the United States, Canada and Mexico jumped 39.5% in May, the largest increase since records began, the Department of Transportation said Thursday.
July 29, 2010ATRI Updates Idling Regulation Guide
The American Transportation Research Institute has updated its online guide of state and local anti-idling regulations, the group said Thursday.
July 29, 2010Goodyear Earns $28 Million in 2Q
Goodyear Tire & Rubber Co. said Thursday it returned to profit in the second quarter after a loss last year.
July 29, 2010TransForce's 2Q Income Decreases
Canadian transportation and logistics firm TransForce Inc. said its second-quarter net income fell to C$17.1 million, or 18 cents a share, from C$18 million, or 21 cents, a year ago.
July 29, 2010Saia’s Earnings Improve in 2Q
Saia Inc. said Thursday it earned a profit in the second quarter of $2 million, or 12 cents a share, compared with a loss of $1.8 million, or 13 cents a year ago.
July 29, 2010New Jobless Claims Decline for Week
Initial jobless claims fell by 11,000 last week, the Labor Department said Thursday.
July 29, 2010