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.

BusinessEquipment

Goodyear Earns $28 Million in 2Q

Goodyear Tire & Rubber Co. said Thursday it returned to profit in the second quarter after a loss last year.

July 29, 2010
BusinessLogistics

TransForce's 2Q Income Decreases

Canadian transportation and logistics firm TransForce Inc. said its second-quarter net income fell to C$17.1 million, or 18 cents a share, from C$18 million, or 21 cents, a year ago.

July 29, 2010
Business

Saia’s Earnings Improve in 2Q

Saia Inc. said Thursday it earned a profit in the second quarter of $2 million, or 12 cents a share, compared with a loss of $1.8 million, or 13 cents a year ago.

July 29, 2010
Business

New Jobless Claims Decline for Week

Initial jobless claims fell by 11,000 last week, the Labor Department said Thursday.

July 29, 2010
BusinessAutonomous

Quality’s 2Q Profit Improves from a Year Ago

Tank truck carrier Quality Distribution reported second-quarter net income of $2.1 million, or 9 cents per share, compared with a loss of $186.2 million, or $9.58, a year ago.

July 28, 2010
Business

Pennsylvania Turnpike Panel Approves Toll Increases

The Pennsylvania Turnpike Commission said it approved toll increases, effective Jan. 2, though it has yet to set the exact rates.

July 28, 2010
GovernmentBusiness

Fed ‘Beige Book’ Shows Increased Transport Activity

Freight transportation activity increased in June and July, with volume gains in several regions, the Federal Reserve said Wednesday.

July 28, 2010
BusinessSafetyGovernmentLogistics

LaHood Announces National Summit on Distracted Driving

The second National Distracted Driving Summit will be held Sept. 21 in Washington, D.C., Transportation Secretary Ray LaHood announced.

July 28, 2010
Business

Wabco Reports Higher Loss Due to Fine

Wabco Holdings said Wednesday it lost $365.4 million, or $5.68 a share in the second quarter, largely due to a fine.

July 28, 2010
BusinessGovernmentFuel

Oil Falls Near $77 as Supply Jumps

Oil prices fell near $77 Wednesday after a report showed that crude supplies jumped last week, the Associated Press reported.

July 28, 2010

Trending

Newsletter Signup

Subscribe to Transport Topics

 

Hot Topics