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, Safety, Technology, Equipment

Landstar’s Quarterly Income Declines

Truckload carrier Landstar System said Thursday its first-quarter net income fell to $21.6 million or 38 cents a share, from $24.4 million or 41 cents a year ago.

April 19, 2007
Business, Safety, Government

Knight’s 1Q Income, Revenue Gain

Truckload carrier Knight Transportation said its first-quarter profit rose 5% to $16.6 million or 19 cents a share, from $15.8 million or 18 cents a year ago.

April 19, 2007
Business, Autonomous

USA Truck Reports Lower Earnings

Truckload carrier USA Truck said Thursday its first-quarter profit plunged to $800,000 or 1 cent per share, from $3.4 million or 30 cents a year earlier, on softer freight demand.

April 19, 2007
Business, Safety

Intermodal Volume Declines for Week

Rail carload freight rose modestly but intermodal traffic continued a downward trend last week, falling 3.6% compared with a year ago, the Association of American Railroads said Thursday.

April 19, 2007
Business, Logistics

Union Pacific’s 1Q Profit Rises

Union Pacific Corp., the nation’s largest freight railroad, said Thursday its first-quarter profit rose 24% to $386 million or $1.41 per share, from $311 million or $1.15 last year.

April 19, 2007
Business, Government

March Economic Indicators Rise

An index of leading economic indicators inched up 0.1% last month, the New York-based Conference Board said Thursday.

April 19, 2007
Business

Jobless Claims Fall for Week

Initial jobless claims fell by 4,000 last week, the Labor Department said Thursday.

April 19, 2007
Government, Business, Safety

Opinion: Ag and Food Trucking and the U.S. Economy

April 18, 2007
Business, Autonomous

Rush’s 1Q Earnings Improve

Truck dealer Rush Enterprises said its first-quarter earnings improved to $13 million or 51 cents a share, up from $11.6 million or 46 cents a year earlier.

April 18, 2007
Government, Business, Safety

Safety & Security Briefs — April 12 - April 18

April 18, 2007