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

U.S. Appeals Court Rejects Most Claims Made by EEOC in Action Against CRST

A federal appeals court recently rejected nearly all of the sweeping allegations the Equal Employment Opportunity Commission made in a 2007 lawsuit that accused CRST Van Expedited Inc. of being responsible for “severe and pervasive” sexual harassment in its new-driver training program.

April 9, 2012
BusinessFuel

Diesel Average Dips 0.5¢ for First Decline in 10 Weeks

Retail diesel prices dipped 0.5 cent last week to $4.142 a gallon, interrupting a price advance that had raised the price of trucking’s main fuel nearly 30 cents over the previous nine weeks, the Department of Energy reported.

April 9, 2012
Business

FMCSA Approves Another Mexican Carrier for U.S. Operation

Baja Express Transportes, Tijuana, Mexico, has been granted authority to operate throughout the United States, the third carrier to get authority under the cross-border trucking pilot program with Mexico.

April 6, 2012
BusinessLogistics

Intermodal Traffic Rises 3.6% for Week

U.S. intermodal traffic rose 3.6% for the week ended Saturday from a year ago, the Association of American Railroads said.

April 6, 2012
Business

Unemployment Rate Drops to Three-Year Low 8.2%; Trucking Jobs Decline

The U.S. unemployment declined to 8.2% in March — the lowest in three years — but trucking jobs fell by 1,900, the Labor Department said Friday.

April 6, 2012
Business

Trucks May Have Tinted Windows, Group Says

Truck owners are allowed to tint the windshields and side windows of a truck’s cab, which could protect drivers from harmful sunlight, the International Window Film Association said.

April 6, 2012
BusinessFuel

Oil Finishes Week Over $103 a Barrel

Oil rose almost $2 on Thursday to finish the trading week at $103.31 a barrel, following an earlier report that jobless claims fell to the lowest level in four years, Bloomberg reported.

April 6, 2012
Business

FedEx Buys Polish Ground Courier

FedEx Corp. said Thursday it has agreed to acquire the Polish courier Opek Sp.z o.o. to expand its services in Europe.

April 5, 2012
Business

U.S. Employers’ Job Cuts Fall 8.8% in March, Report Says

U.S. employers announced fewer job cuts in March than a year earlier, according to a private report released Thursday, Bloomberg reported.

April 5, 2012
BusinessSafetyGovernment

Strutz Named President of Quality Carriers

Quality Distribution has appointed Randall Strutz president of its subsidiary Quality Carriers Inc., the primary operating unit in the company’s chemical transportation business.

April 5, 2012