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

Mullen’s 4Q, Full-Year Profits Improve

Canadian transportation firm Mullen Group’s fourth-quarter and full-year operating income rose on higher demand at its oilfield services unit.

February 23, 2012
BusinessLogistics

XPO Logistics Posts Fourth-Quarter Loss

XPO Logistics said it posted a fourth-quarter loss after earning a profit in the same period a year ago.

February 23, 2012
BusinessEquipment

Commercial Vehicle Group’s Income Jumps

Commercial Vehicle Group’s fourth-quarter and full-year income jumped on increases in the North American Class 8 heavy-duty truck and global construction markets.

February 23, 2012
BusinessLogistics

Wabash Posts Stronger Profit on Higher Trailer Sales

Trailer manufacturer Wabash National Corp. said its fourth-quarter and full-year income rose on higher trailer sales.

February 23, 2012
Business

Jobless Claims Hold Near Four-Year Low

Initial jobless claims held steady last week at the lowest level in nearly four years, the Labor Department said Thursday.

February 23, 2012
Business

Wright Express Reports Higher Profit for 4Q, Year

Wright Express Corp.’s fourth-quarter profit grew to $32.8 million, or 84 cents per share, compared with $18.5 million, or 47 cents, a year ealier.

February 23, 2012
Business

Wheaton to Acquire Bekins; Deal Joins Competing Movers

Two of the 10 largest U.S. household goods carriers are about to be combined, as Wheaton Van Lines Inc. said on Feb. 11 it intends to acquire smaller competitor Bekins Van Lines in March.

February 23, 2012
GovernmentBusinessTechnologyEquipment

FMCSA to Hold EOBR Listening Session at MATS

The Federal Motor Carrier Safety Administration will hear public comments at the Mid-America Trucking Show next month about the potential that drivers using electronic onboard recorders could be harassed by the carriers they drive for.

February 22, 2012
BusinessEquipment

TMC Gives Five Silver Spark Plug Awards

TAMPA, Fla. — The Technology & Maintenance Council gave one fleet executive and four associate members its Silver Spark Plug Award for career achievement at TMC’s annual meeting being held here this week.

February 22, 2012
BusinessFuel

Diesel Rises 1.7¢ to $3.96 in Fourth Straight Gain

Diesel fuel rose for a fourth week, gaining 1.7 cents to $3.96 a gallon, while gasoline rose for the eighth time in nine weeks, the Department of Energy said.

February 22, 2012