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, Equipment

Philadelphia Manufacturing Index Slows

Manufacturing activity in the Philadelphia region slowed in May, the Federal Reserve Bank of Philadelphia said Thursday.

May 19, 2011
Business

Leading Indicators Fall in April

An index of leading economic indicators fell 0.3% in April after nine months of gains, the New York-based Conference Board said Thursday.

May 19, 2011
Business, Equipment

C. R. England to Lease Kenworth LNG Tractors

Truck and engine manufacturer Paccar Inc. said it has reached agreement to lease new Kenworth T800 day cab tractors with 15-liter liquefied natural gas engines to a division of truckload carrier C.R. England Inc.

May 19, 2011
Business

Jobless Claims Drop 29,000 in Week

Initial jobless claims fell 29,000 to 409,000 last week, the Labor Department reported Thursday.

May 19, 2011
Business, Logistics

ATA Board Votes to Oppose Regulating Detention Times

American Trucking Associations said its board of directors voted to oppose efforts at regulating detention times — the time drivers and trucks wait to load or unload their cargo.

May 18, 2011
Business, Equipment

Toyo Unveils Drive-Axle Longhaul Tire

Toyo Tires said it has introduced a new drive-axle tire for longhaul, highway-specific applications.

May 18, 2011
Business, Equipment

Goodyear Super Single Tire Replaced

Goodyear Tire & Rubber Co. said it has replaced its super single tire for severe-duty applications with a model it said will last longer and get better off-road traction.

May 18, 2011
Business, Fuel

Oil Rises from Three-Month Low

Oil rebounded from a three-month low in early trading Wednesday, rising almost $2 to near $99 a barrel, Bloomberg reported.

May 18, 2011
Business

Wal-Mart’s 1Q Income Improves 3.8%

Wal-Mart Stores said its first-quarter net income rose 3.8%, boosted by higher international sales.

May 18, 2011
Business

ATA’s Share the Road Backs West Virginia Charities

Two West Virginia charities that aid children and families secured much needed supplies, thanks to a partnership between American Trucking Associations and nonprofit Good360.

May 18, 2011