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.

BusinessLogistics

CN, BNSF Report Lower Profit

Railroads Canadian National and Burlington Northern Santa Fe Corp. reported their first-quarter profits declined, even as revenue rose.

April 24, 2007
GovernmentBusinessSafetyFuel

Forward Air’s Profit Dips

Forward Air Corp., a contractor to the air cargo industry, said its first-quarter profit slipped by 6% to $10.3 million or 34 cents a share, from $11 million or 35 cents a year ago.

April 24, 2007
Business

Marten’s 1Q Income Declines

Refrigerated truckload carrier Marten Transport said its first-quarter income fell 9.1% to $4.60 million or 21 cents a share, from $5.1 million or 23 cents a year earlier.

April 24, 2007
BusinessGovernment

°®¶¹´«Ã½ Sales, Consumer Confidence Decline

Existing home sales fell to a four-year low and consumer confidence declined to an eight-month low, two groups reported Tuesday.

April 24, 2007
BusinessSafety

Jaxport Sets Cargo Record

The Jacksonville Port Authority said it recorded its busiest cargo-handling year in 2006 — its sixth consecutive year of cargo growth — with a 3% increase over 2005.

April 23, 2007
GovernmentBusinessSafety

Daimler Sees Truck Sales Rebounding by ’09

DaimlerChrysler AG expects U.S. sales of heavy-duty trucks to recover to last year’s level by 2009 after falling more than 40% this year, Bloomberg reported.

April 23, 2007