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

Leading Indicators Rise in December

An index of leading economic indicators rose in December for a third straight month, the New York-based Conference Board said Thursday.

January 26, 2012
Business

New ºÚÁϳԹÏÍø Sales Fall in December

New home sales slipped 2.2% in December, the first decline in four months, the Commerce Department said Thursday.

January 26, 2012
Business

Jobless Claims Rise for Week

Initial jobless claims rose by 21,000 last week after hitting its lowest level in almost four years the previous week, the Labor Department said Thursday.

January 26, 2012
BusinessLogistics

Radiant Logistics Trading on American Stock Exchange

Radiant Logistics announced that its shares have begun trading on the American Stock Exchange.

January 26, 2012
Business

Knight Transportation’s 4Q Income Rises

Knight Transportation reported a third-quarter profit of $17.5 million, or 22 cents a share, from $14.2 million, or 22 cents, a year ago.

January 26, 2012
BusinessLogistics

Coyote Logistics Creates 400 New Jobs in Chicago

Coyote Logistics said it plans to add 400 new jobs in the Chicago area.

January 26, 2012
BusinessLogistics

Langham Wins Extension of Airport Job

Indianapolis International Airport has awarded another multiyear contract to Langham Airport Logistics for logistics support services.

January 26, 2012
BusinessLogistics

Delhaize to Close Warehouse, Food Lion Stores

Delhaize Group SA, parent of Food Lion and Bloom supermarkets, said it would close its distribution center in Clinton, Tenn.

January 26, 2012
Business

Celadon’s 2Q Profit Almost Doubles

Celadon Group said late Wednesday its fiscal second-quarter net income almost doubled, to $5.4 million, or 24 cents per share, from $2.9 million, or 13 cents, a year ago.

January 25, 2012
BusinessFuel

Obama Backs More Natural Gas Use for Trucking, Industry

Citing an abundant U.S. supply of natural gas, President Obama said in his State of the Union address Tuesday that “the development of natural gas will create jobs and power trucks and factories that are cleaner and cheaper.â€

January 25, 2012