Trucking Business News

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

Celadon Group’s Fiscal 1Q Profit Improves

Truckload carrier Celadon Group’s fiscal first-quarter profit increased as its rate-per-mile improved.

October 27, 2010
Business

Durables Orders Rise 3.3%

Durable goods orders rose 3.3% in September led by a doubling of aircraft orders, the Commerce Department said Wednesday.

October 27, 2010
BusinessGovernment

New °®¶¹´«Ã½ Sales Rise in September

New home sales increased in September, the second month of growth in a row, the Commerce Department said Wednesday.

October 27, 2010
Business

September Truck Tonnage Rises 5.1%

Truck tonnage rose 5.1% in September, the 10th straight year-over-year increase, American Trucking Associations said.

October 27, 2010
BusinessLogistics

Canadian National’s Third-Quarter Income Rises 21%

Canadian National Railway Co. said its third-quarter net income rose 21% to C$556 million, or C$1.19 per share, from C$461 million or 97 cents per share, a year earlier.

October 27, 2010
Business

C.H. Robinson Reports Improved 3Q Profit

Transportation and third-party logistics firm C.H. Robinson Worldwide reported a third-quarter profit of $102.6 million, or 62 cents a share, up from $95.5 million, or 57 cents a share, a year ago.

October 27, 2010
Business

Canadian Pacific’s 3Q Profit Decreases

Canadian freight railroad Canadian Pacific’s third-quarter net income fell 6% to C$197.3 million, or C$1.17 per share, from C$209.3 million, or $1.24, a year earlier.

October 27, 2010
GovernmentBusiness

FMCSA Backs ATA Position on Truck Decals

The Federal Motor Carrier Safety Administration has ruled that it is illegal for New Jersey and two local governments to require trucks to display decals or other forms of identification.

October 26, 2010
Business

Ford Posts Record Third-Quarter Profit

Ford Motor Co. Tuesday reported its best third-quarter profit on record, becoming the world’s most profitable automaker, Bloomberg reported.

October 26, 2010
GovernmentBusiness

Virginia Raising Speed Limit on Rural Interstates to 70 Mph

The rural speed limit on five more Virginia interstate highways will rise to 70 miles per hour from 65 mph by the end of the year, bringing 61% of Virginia’s interstate miles to the higher speed limit.

October 26, 2010