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.

BusinessGovernmentSafety

LTL Earnings Sag in 3Q; Carriers See Weaker Demand

Publicly traded less-than-truckload carriers generally posted lower earnings in the third quarter, with several fleets warning that freight volumes would get worse as the fourth quarter unfolds.

October 27, 2008
BusinessSafetyFuel

Justice Department Backs ATA in Effort to Block Ports鈥 Plans

The U.S. Department of Justice last week backed American Trucking Associations鈥 attempt to block concession requirements included in the clean-trucks plans adopted by the Ports of Los Angeles and Long Beach, Calif.

October 27, 2008
BusinessGovernment

Profits Jump at Largest Railroads Despite Drop in Freight Traffic

North America鈥檚 five biggest railroads flexed their pricing muscles to earn $2.85 billion in the third quarter, raising revenue per shipment 20% despite lower freight traffic.

October 27, 2008
GovernmentBusinessFuelLogistics

Fuel Prices Continue Slide

The national average price of diesel fuel fell another 17.7 cents to $3.482 a gallon last week, the lowest level since mid-February, the Department of Energy reported.

October 27, 2008
Business

Volvo鈥檚 Third-Quarter Income Drops on Lower Demand

Volvo AB said Friday its third-quarter earnings fell on lower demand for heavy trucks in both Europe and North America, Bloomberg reported.

October 24, 2008
Business

Saia鈥檚 3Q Income Declines

Saia Inc. said Friday its third-quarter earnings fell by half, to $2.8 million, or 20 cents a share, from $5.9 million or 43 cents a year ago.

October 24, 2008
Business

YRC鈥檚 Third-Quarter Profit Slips

YRC Worldwide said late Thursday its third-quarter profit slipped to $36.6 million, or 63 cents a share, from $40.7 million, or 70 cents, a year ago.

October 24, 2008
BusinessLogistics

Existing 91视频 Sales Rise 5.5%

Existing homes sales jumped 5.5% in September to the highest level in a year, the National Association of Realtors said Friday.

October 24, 2008
BusinessSafetyGovernment

DOT Sets $679 Million for Road Repairs

The Department of Transportation is making $679 million available to states to cover costs incurred to repair roads and bridges damaged by 鈥渁 variety of natural emergencies and catastrophic events.鈥

October 24, 2008
Business

Horizon Lines' Profit Improves

Horizon Lines said Friday its third-quarter profit jumped to $12.5 million, or 42 cents a share, from $1.6 million, or 5 cents, a year ago.

October 24, 2008

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