Trucking Business News

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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.

BusinessFuel

Diesel Again Tops $4 a Gallon After 2.3¢ Rise

The average price of a gallon of diesel climbed above $4 last week, approaching levels not seen since spring, when trucking’s main fuel stayed over that benchmark for six weeks.

November 28, 2011
Business

TTNews.com to Be Closed for Thanksgiving

Transport Topics Online will be closed Thursday and Friday for the Thanksgiving holiday. Please check back on Monday, Nov. 28, for the latest trucking and freight transportation news.

November 23, 2011
BusinessGovernmentLogistics

Consumer Confidence Improves

Consumer confidence rose this month to its highest level in since June, according to the Thomson Reuters/University of Michigan consumer sentiment index released Wednesday.

November 23, 2011
Business

Durable Orders Decline 0.7% in October

Durable goods orders declined 0.7% in October as demand for aircraft and business equipment dropped, the Commerce Department said Wednesday.

November 23, 2011
Business

Personal Spending Increases 0.1% in October

Consumer personal spending edged up 0.1% in October, the Commerce Department said Wednesday.

November 23, 2011
Business

Werner Declares Special Dividend

Werner Enterprises said its board of directors has declared a special cash dividend of 50 cents per share in addition to the company’s regular quarterly dividend of 5 cents.

November 23, 2011
Business

Jobless Claims Rise for Week

Initial jobless claims increased by 2,000 last week to 393,000, the Labor Department said Wednesday.

November 23, 2011
BusinessLogistics

Trailer Bridge Reports Third-Quarter Loss

Trailer Bridge Inc. reported a third-quarter loss of $1.9 million, or 16 cents per share, compared to net income of $6,900, or zero cents, a year ago.

November 22, 2011
Business

Truck Tonnage Rises 5.7% in October

Truck tonnage rose 5.7% in October from a year ago, the 23rd consecutive month of year-over-year growth, American Trucking Associations said Tuesday.

November 22, 2011
BusinessFuel

Diesel Tops $4 for First Time Since May; Gasoline Drops 6.8¢ to $3.368 a Gallon

Diesel rose 2.3 cents to $4.01 a gallon, the first time it has topped $4 in more than six months, the Department of Energy reported.

November 22, 2011