Trucking 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.
Retail Sales Fall 0.2% in April
Retail sales declined 0.2% in April, the Commerce Department said Tuesday.
May 13, 2008TravelCenters Reports First-Quarter Loss
Truck stop chain TravelCenters of America reported a first-quarter loss of $48.5 million, or $3.41 per share, compared with a loss of $31.7 million, or $1.09, a year ago.
May 13, 2008Import Goods Prices Rise 1.8%
The price of goods imported to the United States rose 1.8% in April, led by fuel cost increases, the Labor Department said Tuesday.
May 13, 2008Ryder Completes Gator Leasing Acquisition
Ryder System said late Monday it has completed its acquisition of Gator Leasing, privately held company based in Miami.
May 13, 2008Xata Reports Second-Quarter Loss
Transportation software firm Xata Corp. said Monday it lost $1.4 million, or 17 cents a share, in its fiscal second quarter, compared with a loss of $900,000, or 12 cents, a year ago.
May 12, 2008Sirva Emerges from Bankruptcy; Goes Private
Moving company Sirva Inc. said its reorganization plan to emerge from bankruptcy became effective Monday and that it will become a private company, effective immediately.
May 12, 2008PHMSA Proposes Hazmat Fee Increase
The Pipeline and Hazardous Materials Safety Administration proposes to more than double the registration fee for companies hauling hazardous materials — to $2,500 a year.
May 12, 2008Clarke Reports First-Quarter Loss
Canadian holding company Clarke Inc. Monday reported a first-quarter loss of C$2.1 million, or 7 cents per share, compared with net income of C$12.1 million, or 28 cents, a year ago.
May 12, 2008Sprint Nextel’s First-Quarter Loss Widens
Wireless carrier Sprint Nextel Corp. said Monday it had a larger first-quarter deficit as revenue fell, it lost more than a million subscribers and it absorbed charges for severance and other costs, the Associated Press reported.
May 12, 2008Letters to the Editor: Border Program, Gas Tax Reality, Unpaid Miles, Fuel Prices
I agree with Secretary of Transportation Mary Peters: Congress should continue the cross-border program between the United States and Mexico.
May 12, 2008Follow Us
Trending
Newsletter Signup
Subscribe to Transport Topics