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.

BusinessLogistics

Transervice Names New President

Dennis Schneider was named president of Transervice Logistics Inc., succeeding Edward Flannigan.

June 7, 2012
Business

Initial Jobless Claims Decline

Initial jobless claims fell last week, the Labor Department said Thursday.

June 7, 2012
GovernmentBusiness

Economy Growing at Moderate Pace, Fed Says

The U.S. economy grew at a moderate pace in April and May as manufacturing improved, and trucking and transportation activity were generally higher, the Federal Reserve said Wednesday.

June 6, 2012
BusinessFuel

Oil Rises for Third Day, Topping $85 a Barrel

Oil rose for a third day, topping $85 a barrel as supplies slipped and economic reports that signaled higher demand, Bloomberg reported.

June 6, 2012
Business

Roadcheck Inspections Kick Off at Maryland Event; Run Through Thursday

LANDOVER, Md. The Commercial Vehicle Safety Alliance kicked off its 72-hour 2012 Roadcheck safety event Tuesday at FedEx Field here, with Maryland State Police inspectors pulling hundreds of trucks of all shapes and sizes off nearby Interstate 495 for comprehensive inspections.

June 6, 2012
GovernmentBusiness

NTSB Wants 10-Year Driving Records for New Truck, Bus Drivers

The National Transportation Safety Board wants trucking companies to gather 10 years of driving records for newly hireddrivers an increase from the current three years that the board said does not allow carriers to make informed hiring decisions.

June 6, 2012
Business

1Q Productivity Decline Revised Downward

U.S. workers first-quarter productivity fell more than originally estimated, the Labor Department said Wednesday.

June 6, 2012
BusinessLogistics

Echo Global Logistics Buys Mass. Truckload Carrier

Echo Global Logistics said it acquired Plum Logistics LLC, a refrigerated truckload carrier and transportation brokerage company based in Wakefield, Mass. Terms were not disclosed.

June 6, 2012
GovernmentBusiness

N.Y. Thruway Considers Boosting Truck Tolls by 45%

The New York State Thruway Authority may raise truck tolls 45% to help refinance its debt and pay for a $1.5 billion highway improvement program.

June 6, 2012
BusinessFuel

Diesel Drops 5.1瞽 to $3.846 in Eighth Decline

Diesel fell for the eighth straight week, dropping 5.1 cents to $3.846 a gallon, while gasoline took its biggest decline this year, the Department of Energy reported.

June 5, 2012