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

Chicago Manufacturing Activity Slows

Manufacturing activity in the Chicago area slowed in April, but showed continued expansion, the Institute for Supply Management-Chicago said Monday.

April 30, 2012
Business

Personal Spending Rises in March

Consumer personal spending rose 0.3% in March as incomes increased, the Commerce Department said Monday.

April 30, 2012
BusinessFuel

Oil Trades Near Four-Week High $105 a Barrel

Oil traded near a four-week high just below $105 a barrel early Monday, on signs of economic recovery in Asia, Bloomberg reported.

April 30, 2012
Business

Oshkosh’s Income Slips; Sales Rise

Specialty truck maker Oshkosh Corp.’s earnings slipped for its fiscal second quarter, but sales rose.

April 30, 2012
BusinessGovernmentSafetyAutonomous

Plug-In Power Added at Midwest Truck Stops

Truck stop electrification vendor Shorepower Technologies said its plug-in power service is now available at three new locations in Nebraska and Iowa.

April 30, 2012
EditorialBusiness

Editorial: Stay the Course

Last week, the Federal Reserve, which has been keeping interest rates at rock bottom, agreed to continue holding short-term rates near zero for the next couple of years.

April 30, 2012
PerspectiveBusinessGovernmentSafety

Opinion: Just Who Is Qualifying Whom?

Carriers have many reasons for maintaining good scores on the new Compliance, Safety, Accountability program introduced by the Federal Motor Carrier Safety Administration.

April 30, 2012
Business

Ferro Says FMCSA Is Determined to Weed Out Bad Drivers, Carriers

BELLEVUE, Wash. — The Federal Motor Carrier Safety Administration is continuing to develop new tools to weed out bad drivers and motor carriers, the nation’s top trucking regulator told a group of law enforcement officials and inspectors meeting here.

April 30, 2012
Business

NLRB Certifies Vote for Teamsters Union to Represent L.A. Drayage Driver Unit

The National Labor Relations Board on April 20 certified the Teamsters union as the bargaining agent for port truckers who are employed by Toll Global Forwarding Holdings in Los Angeles.

April 30, 2012
Business

Rethinking Foreign Costs Spurs Manufacturing in U.S.

Manufacturing is making a comeback in North America, a trend that industry experts say is being driven by a re-examination of the cost of producing and shipping goods from Asia to customers in the United States and Europe — and new supply-chain realities.

April 30, 2012