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

YRC Reports $45.9 Million 1Q Loss

YRC Worldwide reported a first-quarter loss of $45.9 million, or 81 cents a share, compared with earning $1.3 million, or 2 cents a share, a year ago.

April 25, 2008
Business

Saia Reports First-Quarter Loss

Saia Inc. Friday reported a first-quarter loss of $833,000, or 6 cents a share, compared with earning $3 million, or 21 cents, a year ago.

April 25, 2008
BusinessSafety

Intermodal Traffic Declines for Week

Rail intermodal traffic fell 3.2% for the week ended Saturday compared with the same week a year ago, the Association of American Railroads said.

April 24, 2008
BusinessGovernment

New °®¶¹´«Ã½ Sales Plunge to 17-Year Low

New home sales fell to a 17-year low in March, the Commerce Department said Thursday.

April 24, 2008
BusinessLogistics

Union Pacific’s 1Q Profit Rises

Union Pacific Corp. said Thursday its first-quarter profit rose 15% as revenue rose in each of its six business units.

April 24, 2008
Business

Qualcomm’s Fiscal 2Q Earnings Improve

Wireless-services provider Qualcomm Inc. said its fiscal second-quarter earnings rose 5% to $766 million, or 47 cents a share, from $726 million, or 43 cents, a year ago.

April 24, 2008
Business

Ford Posts $100 Million 1Q Profit

Ford Motor Co. said Thursday it posted a $100 million profit in the first quarter, led by strong results from Europe and South America that helped offset slumping U.S. sales, the Associated Press reported.

April 24, 2008
BusinessSafetyGovernment

Durable Goods Orders Fall in March

Durable goods orders fell 0.3% in March, though bookings excluding transportation orders increased, the Commerce Department said Thursday.

April 24, 2008
Business

Jobless Claims Fall for Week

Initial jobless claims fell by 33,000 last week, the Labor Department said Thursday.

April 24, 2008
BusinessFuel

CVG’s First-Quarter Income Declines

Parts maker Commercial Vehicle Group said it earned $500,000, or 2 cents a share, in the first quarter, compared with $3 million, or 14 cents, a year ago.

April 24, 2008