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

Factory Orders Decline 1.5%

Factory orders fell 1.5% in March, led by a decline in aircraft output, the Commerce Department said Wednesday.

May 2, 2012
Business

Frozen Food Express’ 1Q Loss Narrows

Frozen Food Express Industries said late Tuesday that its first-quarter loss narrowed from a year ago.

May 2, 2012
Business

Wabash National Posts Higher 1Q Profit

Wabash National Corp. reported a higher first-quarter profit as trailer shipments increased.

May 2, 2012
GovernmentBusiness

NAFTA Surface Trade Rises 17.4% in February

Surface trade among the United States, Canada and Mexico rose 17.4% in February from a year ago, the Department of Transportation said.

May 1, 2012
GovernmentBusinessSafetyAutonomous

FMCSA Hears from Drivers, Carriers on EOBR Issue

BELLEVUE, Wash. — Several dozen truck drivers, motor carriers and law enforcement officers gave federal regulators a candid array of opinions on whether a planned electronic logging device mandate would be properly used as a safety device and fleet productivity tool.

May 1, 2012
BusinessFuel

Sunoco Being Sold; Delta Buying East Coast Oil Refinery

Two big deals affecting the refinery of crude oil in the Northeast were announced this week: Delta Air Lines will buy a Philadelphia area refinery and Sunoco Inc. is being sold for $5.3 billion.

May 1, 2012
Business

Construction Spending Rises in March

Construction spending edged up 0.1% in March, the Commerce Department said Tuesday.

May 1, 2012
Business

ISM Manufacturing Index Improves in April

U.S. manufacturing activity accelerated in April, the Institute for Supply Management said Tuesday.

May 1, 2012
Business

Cummins’ 1Q Profit Rises on Strong Engine Sales

Truck engine and components maker Cummins Inc. on Tuesday said its first-quarter profit rose on higher sales.

May 1, 2012
BusinessFuel

Diesel Falls Again, Slipping 1.2¢ to $4.073; Gasoline Drops 4¢ to $3.83

Diesel fell for the third straight week, dipping 1.2 cents to $4.073 a gallon, and gasoline fell for a fourth week, the Department of Energy reported.

May 1, 2012