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

UPS鈥 First-Quarter Profit Rises

UPS Inc. said Wednesday its first-quarter net income rose to $906 million, or 87 cents per share, from $843 million, or 78 cents, a year ago.

April 23, 2008
BusinessSafetyGovernment

TWIC Enrollment Continues at Ports

The federal government鈥檚 Transportation Workers Identification Credential enrollment began Wednesday at three U.S. ports: Chattanooga, Tenn.; LaPorte, Texas; and Portsmouth, N.H.

April 23, 2008
GovernmentBusiness

FedEx Sets International Express Service with Canada Post

Canada Post Corp. and FedEx Express Canada have developed a new priority worldwide international express service, the two said Wednesday.

April 23, 2008
BusinessGovernmentSafety

Arkansas Best鈥檚 1Q Income Jumps

Arkansas Best Corp.鈥檚 first-quarter profit jumped 78% to $8.5 million, or 34 cents a share, from $4.8 million, or 19 cents, a year earlier.

April 23, 2008
BusinessGovernment

N.H. Senate Passes Measure Offering 5% Weight Tolerance

The New Hampshire Senate passed a bill that would require law enforcement to provide a 5% overweight 鈥渢olerance鈥 for most trucks on non-interstate roads.

April 23, 2008
BusinessFuelGovernmentLogistics

Norfolk Southern鈥檚 1Q Income Rises

Eastern freight railroad Norfolk Southern Corp. said its first-quarter profit rose 2%, as higher revenue per shipment offset an overall drop in traffic and record fuel prices.

April 22, 2008
BusinessSafetyGovernmentLogistics

C.H. Robinson鈥檚 First-Quarter Income Improves

Transportation and logistics firm C.H. Robinson Worldwide鈥檚 first-quarter profit rose to $86.3 million, or 50 cents a share, from $73 million, or 42 cents, a year ago.

April 22, 2008
Business

Old Dominion鈥檚 First-Quarter Profit Dips

Old Dominion Freight Line said its first-quarter profit fell to $10.4 million, or 28 cents a share, from $13.6 million, or 36 cents, a year ago.

April 22, 2008
Business

Heartland鈥檚 1Q Income Declines

Heartland Express said Tuesday its first-quarter profit fell 35% to $14.7 million, or 15 cents a share, from $22.6 million, or 23 cents, last year.

April 22, 2008
Business

YRC Interest Payments May Rise to $8 Million

YRC Worldwide Inc., the biggest U.S. trucking company by sales, said annual interest spending will rise by as much as $8 million under amendments to two credit agreements, Bloomberg reported Tuesday.

April 22, 2008

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