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.

BusinessSafetyGovernmentFuelLogisticsAutonomous

Quality Distribution Buys Energy Logistics Firm

Tank truck carrier Quality Distribution said late Monday that it has purchased Trojan Vacuum Services, a transportation provider for the oil and gas industry in the Eagle Ford shale region in Texas.

April 3, 2012
BusinessFuel

Diesel Dips a Half-Cent to $4.142; Gasoline Rises Again

Diesel fell for the first time in 10 weeks, dipping half a cent to $4.142 a gallon, while gasoline rose for the 10th straight week, the Department of Energy said Monday.

April 3, 2012
BusinessLogistics

Rail Logistics Partners with Interstate Distributor for Drayage Service

Rail Logistics and Interstate Distributor Co. on Tuesday announced a new partnership for drayage service at the Port of Quincy intermodal terminal in Washington state.

April 3, 2012
Business

Factory Orders Rise in February

Factory orders rose 1.3% in February, the third increase in four months, the Commerce Department reported.

April 3, 2012
BusinessFuel

New CNG Station Opens in Oklahoma

Apache Corp., an oil and gas exploration and production company, has opened a public-access compressed natural gas fueling station in Tulsa, Okla.

April 3, 2012
Business

Connecticut to Consider Toll Options on I-95

Connecticut is preparing to conduct a $1.4 million study on express-lane tolls in the state’s Interstate 95 corridor, potentially without the use of tollbooths, the New Haven Register newspaper reported.

April 2, 2012
Business

Trimac Buys Majority of Ontario Carrier

Trimac Transportation Ltd. has taken control of another Canadian bulk trucking rival, completing its acquisition of a 60% stake in the parent of bulk liquids hauler Fortress Trucking Ltd. for C$4.4 million.

April 2, 2012
Business

ISM Manufacturing Index Rises in March

U.S. manufacturing activity improved in March, the Institute for Supply Management said Monday.

April 2, 2012
Business

Construction Spending Falls in February

Construction spending dropped 1.1% in February, the largest decline in seven months, the Commerce Department said Monday.

April 2, 2012
BusinessFuel

Oil Holds Near Six-Week Low $103 a Barrel

Oil rose slightly in early trading Monday but held near a six-week low just over $103 a barrel, Bloomberg reported.

April 2, 2012