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.

BusinessGovernment

ABF’s 1Q Profit Declines

Arkansas Best Corp. said Wednesday its first-quarter net income fell to $4.8 million or 19 cents a share, from $6.1 million or 24 cents a year ago.

April 25, 2007
BusinessGovernment

New 91ÊÓÆµ Sales Rise 2.6%

New home sales rose for the first time in six months in March, gaining 2.6%, the Commerce Department said Wednesday.

April 25, 2007
BusinessGovernment

Durables Orders Rise 3.4%

Durable goods orders rose 3.4% in March, the Commerce Department said Wednesday.

April 25, 2007
GovernmentBusinessSafetyLogistics

C.H. Robinson’s Profit Improves

Transportation and logistics firm C.H. Robinson Worldwide said its first-quarter net income jumped 25.6% to $73 million or 42 cents a share, up from $58.1 million or 33 cents a year ago.

April 24, 2007
BusinessGovernmentEquipmentAutonomous

Michelin’s 1Q Sales Gain

Tire maker Michelin & Cie. said its first-quarter sales rose 5.5% on higher prices and demand from truck makers, Bloomberg reported.

April 24, 2007
FuelBusinessLogisticsGovernment

Diesel Drops 2.6¢ to $2.851

The national average price of retail diesel fuel fell for the first time in a month, dropping 2.6 cents to $2.851 a gallon, the Energy Department said Monday.

April 24, 2007
BusinessGovernmentSafetyFuelAutonomous

Truckers Concerned on New Engines’ Mileage, Journal Reports

Trucking companies are concerned that new emissions rules in effect this year are hurting mileage and their bottom lines, the Wall Street Journal reported Tuesday.

April 24, 2007
BusinessAutonomous

Paccar’s Profit Is 1Q Record

Heavy-duty truck maker Paccar said Tuesday its net income rose to a first-quarter record $365.5 million or $1.46 a share, from $342 million or $1.35 a year ago.

April 24, 2007