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 Index Rises

An index of manufacturing activity in the Chicago area increased in February, the Institute for Supply Management-Chicago said Wednesday.

February 29, 2012
GovernmentBusinessAutonomous

Quality Swings to Fourth-Quarter Profit

Tank truck carrier Quality Distribution reported a fourth-quarter profit, turning around a loss in the same quarter a year ago.

February 29, 2012
GovernmentBusiness

N.Y., N.J. Bills Would Limit Independent Truck Drivers

Bills introduced in the New York and New Jersey legislatures that would eliminate independent owner-operators in major segments of the trucking industry.

February 28, 2012
GovernmentBusinessTechnologyEquipment

ATA Supports EOBR Rule in Court Brief

American Trucking Associations has defended the federal government’s moves to encourage the use of electronic onboard recorders among trucking fleets in a brief filed in federal court.

February 28, 2012
Business

Truck Tonnage Rises 3.6% in January

Truck tonnage rose 3.6% in January from the same month last year, American Trucking Associations said.

February 28, 2012
GovernmentBusiness

NAFTA Surface Trade Rises 11.6% in December

Surface trade among the United States, Canada and Mexico rose 11.6% in December from a year ago, the Department of Transportation said Tuesday.

February 28, 2012
Business

YRC Reports Fourth-Quarter Loss

YRC Worldwide reported a fourth-quarter net loss of $86.2 million, or $12.40 a share, compared with a profit of $15.4 million that was aided by an income tax refund in the year-earlier period.

February 28, 2012
BusinessFuel

Diesel Jumps 9.1¢, Vaults Past $4 a Gallon

Diesel jumped 9.1 cents to $4.051 a gallon, the first time it has topped $4 since November and the highest price since May, the Department of Energy said.

February 28, 2012
BusinessAutonomous

Visteon Posts Fourth-Quarter Loss

Truck and automobile parts maker Visteon Corp. reported a fourth-quarter loss of $26 million, or 51 cents a share, compared with a profit a year ago.

February 28, 2012
BusinessGovernmentLogistics

Consumer Confidence Jumps to One-Year High

Consumer confidence climbed this month to the highest level in a year, the New York-based Conference Board said Tuesday.

February 28, 2012