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

Consumer Spending Unchanged in June

Consumer spending was unchanged in June and incomes increased 0.5%, the largest gain in three months, the Commerce Department said Tuesday.

July 31, 2012
BusinessFuel

Diesel Rises 1.3¢ to $3.796 in Fourth Straight Increase; Gasoline Gains 1.4¢ to $3.508

Diesel rose for a fourth straight week, rising 1.3 cents to $3.796 a gallon, the Department of Energy said.

July 31, 2012
Business

Celadon’s Profit Jumps for 4Q, Fiscal Year

Celadon Group said its fiscal fourth-quarter and full-year profit jumped on higher freight revenue.

July 30, 2012
Business

ATA Previews Highlights for 2012 Management Conference & Exhibition

American Trucking Associations Monday released details of the group’s annual Management Conference & Exhibition, to be held Oct. 7-10 in Las Vegas.

July 30, 2012
Business

Review Extended on UPS’ Acquisition of TNT

UPS Inc. agreed to a 10-day antitrust extension of its planned purchase of Netherlands-based package firm TNT Express by European regulators, while TNT reported a strong second-quarter profit, Bloomberg reported.

July 30, 2012
BusinessTechnologyFuelAutonomous

OEMs Combine Technologies to Maximize Fuel Efficiency

Heavy-duty truck manufacturers have improved the fuel efficiency of their tractors through a combination of new technologies, powertrain improvements, enhanced aerodynamics and efforts to reduce rolling resistance.

July 30, 2012
BusinessSafetyGovernment

Georgia Voters to Vote Tuesday on Transportation Tax

Voters in and around Atlanta will vote Tuesday on a proposition to increase sales tax by a penny to raise $18 billion for transportation projects, the Associated Press reported.

July 30, 2012
BusinessLogistics

TransForce Reports Higher 2Q Profit

Canadian transportation firm TransForce Inc. said its second-quarter net income rose 30%, boosted by acquisitions.

July 30, 2012
BusinessEquipment

Accuride Reports 2Q Loss

Accuride Corp. posted a second-quarter loss but reported positive operating income for the period.

July 30, 2012
BusinessFuel

Gasoline Rose 9.6¢ in Past Two Weeks to $3.51 a Gallon, Lundberg Reports

Gasoline rose 9.6 cents in the past two weeks to $3.51 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

July 30, 2012