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

FedEx Completes Brazilian Logistics Acquisition

FedEx Corp. said it completed its acquisition of Brazilian logistics firm Rapidão Cometa Logística e Transportes S.A.

July 5, 2012
Business

Initial Jobless Claims Fall by 14,000 for Week

Initial jobless claims fell by 14,000 last week, the Labor Department said Thursday.  

July 5, 2012
BusinessLogistics

BTS Logistics Buys Trade Show Unit

Wheaton Van Lines, which acquired Bekins Van Lines earlier this year, has spun off Bekins’ former trade show business to newly formed BTS Logistics, the company announced.

July 5, 2012
Business

Construction Closes Several Lanes of Traffic on Bridge Linking Indiana and Louisville, Ky.

Construction on the Interstate 65 John F. Kennedy Memorial Bridge connecting southern Indiana and Louisville, Ky., has shut down several traffic lanes in each direction.

July 5, 2012
Business

TT Closed for Fourth of July Holiday

Transport Topics will be closed Thursday and Friday for the Fourth of July holiday. Please check back on Monday, July 8, for the latest trucking and freight transportation news.

July 3, 2012
Business

TTNews.com to Be Closed for July 4 Holiday

Transport Topics Online will be closed Wednesday for the Independence Day holiday. Please check back on Thursday, July 5, for the latest trucking and freight transportation news.

July 3, 2012
BusinessLogistics

Saia Buys Ga. Brokerage, Logistics Firm

Less-than-truckload carrier Saia Inc. said Tuesday it acquired Robart Transportation Inc. and subsidiary RL Services Group LLC, for about $7.8 million.

July 3, 2012
BusinessFuel

Diesel Falls Another 3¢ to $3.648 a Gallon; Price Has Plunged 50¢ in Three Months

Diesel’s national average pump price fell for a 12th straight week, declining 3 cents to $3.648 a gallon, while gasoline fell for a 13th week, the Department of Energy said.

July 3, 2012
Business

Factory Orders Rise for First Time in Three Months

Factory orders rose 0.7% in May, the first gain in three months, the Commerce Department said Tuesday.

July 3, 2012
Business

Arkansas Trucking Tax Break Takes Effect

A $4 million tax break for Arkansas truckers took effect Monday with the start of the new fiscal year, the Associated Press reported.

July 3, 2012