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.
Celadon Reports 3Q Profit
Celadon Group reported a profit for its fiscal third quarter, boosted by higher freight volumes.
April 26, 2010PHMSA Updates Online Hazmat Application
The Pipeline and Hazardous Materials Safety Administration said it will implement a new online application process that will allow hazmat materials special permits to be reviewed in a timely manner, beginning May 1.
April 26, 2010Fleets Increase Interest in Technology to Help Them to Comply With CSA
CINCINNATI — Concern about driver safety compliance is pushing the purchase of new technology to help fleet managers to see and respond to data on driver performance, manufacturers of the equipment said.
April 26, 2010Caterpillar Swings to 1Q Profit
Heavy equipment maker Caterpillar Inc. Monday reported a first-quarter profit compared with a loss a year ago, and boosted its sales and income forecast for the year.
April 26, 2010Sales, Leasing and Service Business Revives as Recession’s Grip on Industry Loosens
Business got so bad for Jack McDevitt Jr.’s Mack, Volvo and Peterbilt truck dealerships that he shuttered one of his locations last spring and laid off 60 people, including his son.
April 26, 2010Fleet Failures Up in Early 2010, But Survivors May See Benefits
Trucking company failures leaped to 730 during the first quarter, the largest number since the third quarter of 2008, as the recession continued to take a toll on freight carriers, said Donald Broughton of Avondale Partners.
April 26, 2010Gasoline Holds at $2.85 a Gallon, Lundberg Survey Says
Gasoline’s average price held at $2.85 a gallon from two weeks ago, according to the latest Lundberg Survey of fuel prices released Sunday.
April 26, 2010Tank Truck Carriers to Focus on the Economy, Government Regulations at Annual Meeting
The economic recovery and understanding how of government regulations will affect business will be key themes of the National Tank Truck Carriers’ annual conference, scheduled for May 10-12 in Chicago.
April 26, 2010Most Fleets Report Profit Gains, Expect Stronger Second Quarter
Most publicly traded trucking companies have reported improved first-quarter earnings, adding evidence that the economic recovery is moving forward and offering hope that the second quarter will be even stronger.
April 26, 2010Good News Continues
The good news continued to pour in last week, as a string of trucking-related companies reported improving bottom-line results during the year’s first quarter.
April 26, 2010