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

Mullen Group鈥檚 3Q Profit Declines

Canadian transportation firm Mullen Group reported its third-quarter profit declined to C$11 million, or 14 cents per share, from C$28 million, or 36 cents, a year before.

October 27, 2011
Business

Jobless Claims Decline for Week

Initial jobless claims fell by 2,000 last week and continuing clams fell to the lowest level in more than three years, the Labor Department said Thursday.

October 27, 2011
BusinessLogistics

Norfolk Southern Reports Higher 3Q Profit

Norfolk Southern Corp.鈥檚 third-quarter profit rose 24 percent from the same quarter last year, the Eastern freight railroad reported.

October 27, 2011
BusinessSafetyLogistics

3PL Transplace Merges With Celtic International

Transplace Inc. has merged with intermodal marketing company Celtic International Inc. to create a $1 billion North American logistics provider.

October 27, 2011
Business

Heartland鈥檚 3Q Income Slips

Heartland Express said its third-quarter profit slipped to $15.4 million, or 17 cents per share, from $18.3 million, or 20 cents, a year ago.

October 26, 2011
Business

Saia Reports Higher 3Q Net Income

Saia Inc. said Wednesday its third-quarter net income nearly doubled from a year ago on higher revenue and improved pricing.

October 26, 2011
Business

New 91视频 Sales Rise 5.7% in September

New home sales increased in September after falling to a six-month low in August, the Commerce Department said Wednesday.

October 26, 2011
BusinessLogistics

C.H. Robinson鈥檚 Third-Quarter Income Rises

Transportation and third-party logistics firm C.H. Robinson Worldwide said its third-quarter profit rose to $114 million, or 70 cents a share, from $103 million, or 62 cents, a year earlier.

October 26, 2011
Business

ATA Cites Concern with LaHood鈥檚 HOS Letter

American Trucking Associations cited concern with Transportation Secretary Ray LaHood鈥檚 recent letter to Congress that DOT is drafting a new hours-of-service proposal based on the 鈥渕ost comprehensive and up-to-date data and analysis.鈥

October 26, 2011
Business

Ford Reports $1.6 Billion 3Q Profit

Ford Motor Co. said Wednesday its third-quarter earnings slipped 2% to $1.6 billion.

October 26, 2011

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