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, Equipment

Cummins Reports Record Sales for 4Q, 2006

Diesel engine maker Cummins Inc. Monday reported record sales and earnings for the fourth quarter and full-year 2006, with sales topping $3 billion in the quarter for the first time.

January 29, 2007
Business, Government, Safety, Autonomous

Quality Distribution Lowers Fourth-Quarter Forecast

Tank truck carrier Quality Distribution lowered its earnings guidance for the fourth quarter and full-year 2006, due to lower seasonal demand.

January 29, 2007
Business, Technology, Equipment, Safety, Autonomous

TMW President Says Slowdown Not Expected for ’07 Sales

The president of trucking software provider TMW Systems said he does not expect a slowdown in sales this year, even as some trucking companies face a downturn in demand for freight-hauling services.

Daniel P. Bearth | Staff Writer
January 29, 2007
Business, Government

Sysco’s Fiscal Second-Quarter Net Income Rises

Food-services provider Sysco Corp. said Monday its fiscal second-quarter net income rose 16% to $236.7 million or 38 cents a share, from $204.2 million or 33 cents a year earlier.

January 29, 2007
Business, Technology, Equipment, Safety, Fuel, Autonomous

E&MU: Coping With ’07 Emission Systems

The maintenance managers of two vehicle leasing companies expect few problems in their shops as the truck-operating industry shifts to the next generation of lower-emission diesel engines.

Rob Fernandez | Special to Transport Topics
January 29, 2007
Business, Government

Technology Briefs — Jan. 23 - Jan. 29

Prophesy Says Software Sales Increased 40% • Altfuels Face Difficult Economics, Journal Says • Horizon to Use RFID for Alaska Shipments

January 29, 2007
Business

J.B. Hunt’s Fourth-Quarter Earnings Dip; Full-Year Improves

Truckload carrier J.B. Hunt Transport Services said Monday it earned $57.8 million or 39 cents a share in the fourth quarter, a decline from $65.3 million or 41 cents a year ago.

January 29, 2007
Business, Safety, Government, Autonomous

Truck Tonnage Index Rebounds in December, Rising 3.9%

American Trucking Associations’ advanced seasonally adjusted truck tonnage index jumped 3.9% in December, following a 3.6% downturn in November.

January 26, 2007
Business

Caterpillar Reports Record 4Q, Annual Profit and Revenue

Diesel engine and heavy-equipment manufacturer Caterpillar Inc. its fourth-quarter profit rose 4% to a record $882 million or $1.32 a share, up from $846 million or $1.20 a share a year earlier.

January 26, 2007
Business

Marten Transport Reports Lower Fourth-Quarter Income

Refrigerated truckload carrier Marten Transport’s fourth-quarter income fell 27% to $5.2 million or 24 cents a share, from $7.1 million or 32 cents a year earlier.

January 26, 2007