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

ATA Projects 21% Tonnage Gain by 2023

The freight transportation industry will grow “significantly” in the next decade, and trucking will increase its share of the market, American Trucking Associations said in a report released last week.

July 16, 2012
BusinessLogistics

Intermodal Traffic Rises 5.6% for Week

U.S. intermodal traffic rose 5.6% last week, the Association of American Railroads reported.

July 13, 2012
Business

Producer Price Index Rises 0.1%

Prices paid to U.S. producers rose in June for the first time in four months, reflecting an increase in food costs, the Labor Department said Friday.

July 13, 2012
Business

ATA Holds Video Contest for Truck Driver Appreciation Week

American Trucking Associations is holding a video contest to celebrate National Truck Driver Appreciation Week, Sept. 16-22.

July 13, 2012
BusinessLogistics

Lineage Logistics Buys Castle & Cooke

Lineage Logistics said it has acquired Castle & Cooke Cold Storage, Colton, Calif., for an undisclosed sum.

July 13, 2012
Business

Saia Acquires Robart Cos. Brokerage, Logistics Firms

Less-than-truckload fleet Saia Inc. announced it has acquired Robart Transportation Inc. and subsidiary, RL Services Group LLC, which offer freight brokerage and logistics services.

July 12, 2012
Business

Import Prices Fall 2.7%, Largest Drop Since 2008

The price of goods imported to the United States fell 2.7% last month, the biggest drop since December 2008, the Labor Department reported Thursday.

July 12, 2012
Business

Mexican Carrier Seeks Cross-Border Approval

A Mexican owner-operator is seeking approval from the Federal Motor Carrier Safety Administration for the U.S.-Mexico cross-border trucking pilot program.

July 12, 2012
Business

Initial Jobless Claims Drop

Initial jobless claims dropped last week to the lowest level in four years, the Labor Department said Thursday

July 12, 2012
Business

Ryder Boosting Dividend

Ryder System said it will boost its quarterly dividend by 2 cents to 31 cents per share.

July 12, 2012