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.

BusinessLogistics

Shippers See Opportunities, Limitations In Assessing Intermodal’s Potential

ATLANTA — Intermodal transportation is brimming with opportunities, suffering from routing limitations or possibly a mixture of both, industry officials said here.

December 1, 2011
BusinessFuel

Oil Closes Over $100 as Stock Markets Soar

Oil closed over $100 a barrel Wednesday for just the second time since June on an improved economic picture and soaring stock markets, Bloomberg reported.

December 1, 2011
Business

Hino Trucks Signs Transmission Pact With Allison

Hino Trucks has signed a multi-year contract that makes Allison Transmission the exclusive supplier of transmissions for all Hino conventional trucks in the United States.

November 30, 2011
Business

Groups Argue Merits of Revised HOS Rule Before House Panel

WASHINGTON — A proposed hours-of-service rule that would cut truck drivers’ hours would be very costly and exacerbate a shortage of truck drivers, while putting more trucks on the road, a panel of trucking and logistics executives told a House panel Wednesday.

November 30, 2011
GovernmentBusiness

Economy Shows Modest Growth, Fed Says

Economic activity rose at a “slow to moderate pace” in October and November while freight volumes were mixed, the Federal Reserve said Wednesday.

November 30, 2011
Business

Patriot Transportation’s 4Q Profit Slips

Patriot Transportation Holding’s fiscal fourth-quarter net income slipped to $1.8 million, or 19 cents a share, from $2 million, or 21 cents, a year ago.

November 30, 2011
BusinessEquipment

Goodyear to Supply Tires to Con-way Truckload

Goodyear Tire & Rubber Co. said it was chosen to be the principal supplier of wide-based truck tires for Con-way Truckload.

November 30, 2011
Business

Chicago Manufacturing Index Rises More Than Forecast

Manufacturing activity in the Chicago area rose in November, the Institute for Supply Management-Chicago said Wednesday.

November 30, 2011
Business

Third-Quarter Productivity Revised Upward

U.S. workers’ productivity increased in the third quarter and labor costs declined, the Labor Department said Wednesday, raising an earlier productivity estimate.

November 30, 2011
BusinessFuel

Oil Tops $100 a Barrel in Early Trading

Oil rose to more than $100 a barrel in early trading Wednesday, marking a fourth straight day of increases, Bloomberg reported.

November 30, 2011