Food-services provider and private fleet operator Sysco Corp. said Monday its fiscal third-quarter operating income fell to $740.6 million, or $1.24 a share, from $772 million, or $1.26, a year ago.
May 4, 2009Trucking 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.
Minn.’s 5% Biodiesel Mandate Takes Effect
Minnesota has implemented its requirement mandating that all diesel sold in the state contain at least 5% biodiesel, the Associated Press reported.
May 5, 2009Wabash Makes 790 Layoffs Permanent
Wabash National Corp. has told the 790 workers it laid off in January that it does not expect to call them back, the Associated Press reported Saturday.
May 4, 2009Construction Spending Increases 0.3%
Construction spending rose in March for the first time in six months, the Commerce Department said Monday.
May 4, 2009Love's Travel Stops to Install DEF Containers for 2010 Trucks
Love's Travel Stops and Country Stores said it will begin installing bulk containers for diesel exhaust fluid, an additive needed for most 2010 diesel truck engines, at 50 of its truck stops beginning in the fourth quarter of this year.
May 4, 2009EPA Faces Question on Ethanol’s Effects
The Environmental Protection Agency is close to proposing standards for ethanol use, but officials face a question on whether or not ethanol’s indirect effects on the environment should be considered in the rule-making process, the Associated Press reported Sunday.
May 4, 2009Xata Narrows Loss in 2Q
Transportation software firm Xata Corp. said Monday it lost $443,000, or 5 cents per share, in its fiscal second quarter, compared with a loss of $1.3 million, or 17 cents, a year ago.
May 4, 2009Letters: After the Recession
Outside of short-term survival, the biggest risk to a trucking company operating in a recession is how it is positioned when freight levels return.
May 4, 2009Port Plan Progress
The most onerous and misguided portions of the plan by the ports of Los Angeles and Long Beach to reshape the trucking industry there have been enjoined by a federal court, at least for now.
May 4, 2009Highway Bill to Focus on Policy Changes Rather Than Costs, Oberstar Predicts
WASHINGTON — With the expiration of the current highway authorization just five months away, leaders in the House and Senate said they were preparing to draft its replacement with an eye on major structural changes.
May 4, 2009Trending
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