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.

Business, Government, Safety, Autonomous

N.C. Court Rules for Trucking Company in Dispute Over Weight Limit Fines

A judge in North Carolina recently ruled in favor of a trucking company that sued the state for what it said were excessive fines assessed for minor weight limit permit violations.

January 30, 2008
Government, Business, Safety

Letters to the Editor: HOS, Roundabouts, Infrastructure Panel

If there ever was a segment of the transportation industry that needed an overhaul, it’s trucking.

January 30, 2008
Business

Saia’s Fourth-Quarter Income Declines

Saia Inc. said Wednesday its fourth-quarter net income fell 62% from a year ago to $2 million, or 15 cents a share, from $5.2 million, or 35 cents, a year ago.

January 30, 2008
Business, Safety, Government, Logistics

C.H. Robinson’s 4Q Profit Improves

Transportation and logistics firm C.H. Robinson Worldwide’s fourth-quarter profit rose to $85.3 million, or 49 cents a share, from $71.8 million, or 41 cents, a year ago.

January 29, 2008
Business

J.B. Hunt’s Fourth-Quarter Income Dips

Truckload carrier J.B. Hunt Transport Services said late Tuesday its fourth-quarter profit declined to $54.3 million, or 42 cents a share, from $57.8 million, or 39 cents, a year ago.

January 29, 2008
Business

Teamsters Withdraw from FedEx Election in Mass., Company Says

The Teamsters union has voluntarily canceled an organizing election scheduled for Friday at the FedEx °®¶¹´«Ã½ Delivery facility in Worcester, Mass., the company said.

January 29, 2008
Business, Safety, Government, Logistics

Oberstar Criticizes NTSB on I-35W Bridge

Rep. James Oberstar (D-Minn.), chairman of the House Transportation and Infrastructure Committee, last week criticized the chairman of the National Transportation Safety Board for suggesting a design flaw was a key factor in the Interstate 35W bridge collapse in Minneapolis.

January 29, 2008
Business

Marten’s Fourth-Quarter Income Declines

Refrigerated truckload carrier Marten Transport’s fourth-quarter net income fell to $3 million, or 14 cents a share, from $5.2 million, or 24 cents a year ago.

January 29, 2008
Business, Equipment, Autonomous

ArvinMeritor Reports 1Q Loss

Trucking components maker ArvinMeritor Inc. Tuesday reported a $12 million, or 17 cents a share for its fiscal first quarter, compared with a profit of $7 million, or 10 cents a share, in the previous first quarter.

January 29, 2008
Business

Con-way’s Fourth-Quarter Income Declines

Con-way Inc. said late Monday its fourth-quarter net income fell to $34.5 million, or 73 cents a share, from $82.4 million, or $1.66 per share, a year earlier.

January 29, 2008