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.

Business

UPS Pledges $1.5 Million in Storm-Recovery Aid

UPS Inc. said Friday it has pledged $1.5 million in cash and in-kind support to help recovery efforts to areas damaged by Hurricane Sandy.

November 2, 2012
Business

YRC Swings to Third-Quarter Profit

YRC Worldwide reported a third-quarter profit as its operating costs declined, the less-than-truckload carrier said.

November 2, 2012
Business

Feds, States Waive More Rules to Help Get Fuel to N.Y., N.J.

The federal government waived a shipping law and the states of New York and New Jersey waived fuel restrictions Friday as they ramped up efforts to quickly move diesel and gasoline supplies into the two states hit hardest by Hurricane Sandy.

November 2, 2012
Business

DOT Releases $12 Million to N.J., Conn., for Storm-Damaged Roads

The U.S. Department of Transportation released $10 million in emergency funds to New Jersey and $2 million to Connecticut to repair  roads damaged by Hurricane Sandy.

November 2, 2012
Business

Payrolls Rise as Unemployment Rate Ticks Up to 7.9%

U.S. employers added 171,000 jobs in October and the unemployment rate ticked up a tenth of a point to 7.9% as more people entered the labor force, the Labor Department reported Friday.

November 2, 2012
Business

Factory Orders Rise in September

Factory orders rose 4.8% in September, the most since March 2011, the Commerce Department said Friday.

November 2, 2012
Business

Port of N.Y./N.J. Opens for Emergency Fuel Deliveries Following Sandy

The U.S. Coast Guard opened the Port of New York and New Jersey Thursday in order to get emergency fuel supplies to the areas hit hardest by Hurricane Sandy, the Associated Press reported.

November 2, 2012
Business

ATRI Surveying Carriers on HOS Restart Changes

The American Transportation Research Institute is asking trucking executives to weigh in on changes to the 34-hour restart provision of the federal hours-of-service rule, set to take effect in July.

November 2, 2012
BusinessLogistics

Intermodal Traffic Gains 3.9% for Week

U.S. rail intermodal traffic rose 3.9% last week over the same week a year ago, the Association of American Railroads reported.

November 2, 2012
BusinessLogistics

Caterpillar Logistics Changes Name to Neovia

Third-party logistics firm Caterpillar Logistics Services said Thursday it has changed its name to Neovia Logistics Services.

November 2, 2012