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.
New Home Sales Climb by Most Since 1963
New home sales grew in March by the most since April 1963, the Commerce Department said Friday.
April 23, 2010Durable Goods Orders Fall
Durable goods orders fell in March while orders excluding transportation equipment rose, the Commerce Department said Friday.
April 23, 2010Existing Home Sales Rise for First Time in Four Months
Existing home sales rose in March for the first time in four months, the National Association of Realtors said.
April 23, 2010Opinion: Mich. Lawmakers, a New Bridge Crossing
The future of the new, publicly owned bridge at Windsor-Detroit rests with the Michigan Legislature. By June 1, we will know whether the Detroit River International Crossing — or the Gordie Howe Bridge as I call it — will be built, or whether it will be shelved and, perhaps never constructed, or at least not in the lifetime of most of us.
April 23, 2010ATA Seeks Mike Russell ‘Good Stuff’ Award Nominations
American Trucking Associations is accepting nominations for the annual Mike Russell “Good stuff” Trucking Image Award.
April 22, 2010Rush Enterprises’ 1Q Profit Slips
Truck dealership Rush Enterprises’ first-quarter profit declined to $2.2 million, or 6 cents a share, from $2.9 million, or 8 cents, a year ago.
April 22, 2010USA Truck’s 1Q Loss Widens
USA Truck Thursday reported a $3 million first-quarter loss, compared with a $1.9 million loss a year ago. Per-share, the company lost 29 cents, compared with 18 cents last year.
April 22, 2010Producer Prices Increase in March
Prices paid to U.S. producers rose 0.7% in March, the Labor Department said Wednesday.
April 22, 2010Union Pacific’s 1Q Earnings Improve
Union Pacific Corp. said Thursday its first-quarter profit jumped 43% from a year ago as volumes increased.
April 22, 2010Jobless Claims Decline for Week
Initial jobless claims fell by 24,000 last week, the Labor Department said Thursday.
April 22, 2010