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.

BusinessLogistics

Consumer Confidence Rises in November

Consumer confidence rose in November, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

November 9, 2012
Business

Clarke Swings to 3Q Profit

Canadian holding company Clarke Inc. posted a third-quarter profit, turning around a loss from a year ago.

November 9, 2012
Business

Import Prices Rise for Third Month

The price of goods imported to the United States rose in October for the third consecutive month, the Labor Department said Friday.

November 9, 2012
Business

ATA’s Graves Says Trucking Faces Big Cleanup Job in Northeast Following Storm

The trucking industry is facing a big task in the Northeast following Hurricane Sandy, American Trucking Associations President Bill Graves said in a TV interview Thursday.

November 9, 2012
BusinessFuel

Oil Rises Following Four-Month Low

Oil rose Thursday to more than $85 a barrel after taking its biggest drop this year to a four-month low on Wednesday, Bloomberg reported.

November 8, 2012
BusinessTechnology

XRS Reports Narrower 4Q Loss

XRS Corp. said Thursday its fiscal fourth-quarter loss narrowed from a year ago, while its adjusted earnings improved for the quarter and fiscal year.

November 8, 2012
Business

U.S. Trade Deficit Shrinks in September

The U.S. trade deficit shrank by 5.1% in September, the Commerce Department said Thursday.

November 8, 2012
Business

Initial Jobless Claims Fall for Week

Initial jobless claims decreased by 8,000 last week, the Labor Department said Thursday.

November 8, 2012
Business

TravelCenters’ 3Q Income Falls

TravelCenters of America said its third-quarter net income fell from a year ago.

November 8, 2012
Business

WEX Inc. Reports Lower 3Q Profit

Fleet payment processing company WEX Inc., formerly Wright Express Corp., said its third-quarter profit fell to $14.3 million, or 37 cents per share, from $48.1 million, or $1.23 per share, a year earlier.

November 8, 2012