Trucking Business News

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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.

BusinessEquipment

Philadelphia Manufacturing Index Slows

Manufacturing activity in the Philadelphia region slowed this month but showed expansion, the Federal Reserve Bank of Philadelphia said Thursday.

April 21, 2011
GovernmentBusiness

Leading Economic Indicators Grow 0.4%

An index of leading economic indicators rose 0.4% in March, the ninth straight monthly increase, the New York-based Conference Board said Thursday.

April 21, 2011
Business

Jobless Claims Drop for Week

Initial jobless claims decreased by 13,000 last week, the Labor Department reported Thursday.

April 21, 2011
BusinessTechnology

Qualcomm’s 2Q Profit Grows

Qualcomm Inc.’s profit gained 29% in the second quarter, it said.

April 21, 2011
BusinessLogistics

Union Pacific’s 1Q Income Rises 24%

Freight rail line Union Pacific Corp. said Wednesday its first-quarter profit rose 24% from a year ago on higher volume.

April 20, 2011
Business

Eaton’s First-Quarter Profit Jumps

Truck and auto components maker Eaton Corp.’s first-quarter profit jumped 80% as its truck unit’s sales rose 27%.

April 20, 2011
Business

Heartland’s First-Quarter Profit Rises 25%

Truckload carrier Heartland Express said Wednesday its first quarter profit rose 25% from a year ago on higher freight demand, while citing concerns over tight driver availability.

April 20, 2011
Business

Marten’s First-Quarter Profit Improves

Marten Transport’s first-quarter profit rose 5.2%, its fourth straight quarter of higher year-over-year profitability, on improved performance in its truckload and logistics sectors.

April 20, 2011
Business

Knight Transportation’s 1Q Income Slips

Knight Transportation said Wednesday its first-quarter profit fell from a year ago, citing higher fuel prices and softer freight demand in the West.

April 20, 2011
Business

Existing °®¶¹´«Ã½ Sales Rise 3.7%

Existing home sales rose in March from a nine-year low, the National Association of Realtors said Wednesday.

April 20, 2011