Trucking Business News

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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.

BusinessFuel

Oil Holds Over $100 a Barrel

Oil slipped from a five-week high but remained over $100 for a fourth day in early trading Thursday, Bloomberg reported.

February 16, 2012
BusinessLogistics

Canadian National Opens Wisconsin Intermodal Terminal

Canadian National Railway said it has opened a new intermodal facility in Chippewa Falls, Wis., to serve the upper Midwest, including the Minneapolis/St. Paul, Minn. area.

February 16, 2012
Business

TT to Be Closed Monday for Presidents’ Day

Transport Topics will be closed Monday for the Presidents’ Day holiday. Please check back on Tuesday, Feb. 19, for the latest trucking and freight transportation news.

February 15, 2012
Business

Rush Enterprises’ Income Jumps on Higher Truck Sales

Truck dealership Rush Enterprises said its fourth-quarter and full-year profit and revenue jumped on higher truck sales.

February 15, 2012
BusinessGovernment

UPS Acquires European Delivery Firm

UPS Inc. on Wednesday said it has acquired Kiala, a European company that provides delivery options to consumers purchasing goods over the Internet. Terms were not disclosed.

February 15, 2012
BusinessLogistics

TransCore’s Canadian Link Logistics Upgrades Database

TransCore Link Logistics on Wednesday announced it has expanded its database of loads and equipment posted throughout North America by integrating live data from multiple load board sources.

February 15, 2012
Business

ϳԹbuilder Index Reaches Highest Level Since 2007

Confidence among U.S. homebuilders climbed more than anticipated in February to the highest level since May 2007, pointing to an improving outlook for construction, Bloomberg reported Wednesday.

February 15, 2012
Business

Industrial Production Unchanged in January

Industrial production was unchanged in January despite an increase in factory output, the Federal Reserve said Wednesday.

February 15, 2012
BusinessGovernment

New York Manufacturing Index Jumps

Manufacturing activity in the New York region expanded in February at the fastest rate since June 2010, the Federal Reserve Bank of New York said Wednesday.

February 15, 2012
Business

ATA Files Suit on Hours-of-Service Rule

American Trucking Associations asked a federal appeals court on Tuesday to review the Federal Motor Carrier Safety Administration’s recently published hours-of-service rule, citing “changed assumptions” by the agency that went into developing the rule.

February 14, 2012