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.

BusinessEquipment

Goodyear Posts 4Q, Full-Year Profit on Higher Sales

Goodyear Tire & Rubber Co. reported a fourth-quarter profit compared with a loss a year earlier, as sales rose for the quarter and full year.

February 14, 2012
GovernmentBusinessSafety

Obama Wants $330 Million to Combat Distracted Driving

President Obama has included $330 million for programs to combat distracted driving in his six-year transportation spending plan, as part of the administration’s proposed 2013 budget.

February 14, 2012
BusinessFuel

Diesel Jumps 8.7¢ to $3.943 a Gallon; Gas Gains for Seventh Time in Eight Weeks

Diesel jumped 8.7 cents to $3.943 a gallon, its fifth increase in six weeks, while gasoline rose for the seventh time in eight weeks, the Department of Energy reported.

February 14, 2012
Business

Retail Sales Rise 0.4% in January

Retail sales improved 0.4% in January as sales excluding automobiles rose to a 10-month high, the Commerce Department said Tuesday.

February 14, 2012
Business

Business Inventories Rise in December

Business inventories rose 0.4% in December while sales increased by the most in five months, the Commerce Department said Tuesday.

February 14, 2012
BusinessFuel

Shell Introducing Oil for Automatic Transmissions

PARK CITY, Utah — Shell Lubricants is introducing a fuel-efficient and long-life transmission and gearbox oil that meets the requirements of automatic transmissions used by Volvo Trucks and Mack Trucks, company officials said.

February 14, 2012
Business

Obama Budget Plan Would Boost Transportation Spending 50% Over Six Years

President Obama’s proposed budget would spend $476 billion on transportation over the next six years — a nearly 50% increase over current levels.

February 14, 2012
Business

Import Prices Rise 0.3% in January

The price of goods imported to the United States rose 0.3% in January, the second increase in six months, the Labor Department said Tuesday.

February 14, 2012
Business

Obama Calls for Postal Service to End Saturday Mail Delivery

President Obama’s proposed budget calls for the U.S. Postal Service to end Saturday mail delivery, Bloomberg reported.

February 13, 2012
Business

Trucking, Railroads Call Truce on Size, Weight Issue in Highway Bill

American Trucking Associations and the Association of American Railroads jointly urged the House of Representatives to approve a proposed highway funding bill, while avoiding attempts to change truck size-and-weight limits provisions contained in the bill.

February 13, 2012