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

Jobless Claims Decline for Week

Initial jobless claims fell last week by 37,000 last week, the Labor Department said Thursday.

September 29, 2011
BusinessLogistics

Saddle Creek Invests in Natural Gas Trucks

Third-party logistics provider Saddle Creek Corp. said it is purchasing natural gas trucks for its for-hire fleet.

September 29, 2011
BusinessLogistics

RFX Purchases Pioneer Transfer

Quazar Capital Corp. said its brokerage unit, Pioneer Transfer, has been acquired by RFX. Terms were not disclosed.

September 29, 2011
PerspectiveBusiness

Opinion: Creating Future Truck Drivers

Trucking today faces one of the worst driver shortages ever, a situation experts say will only get worse, while at the same time, national unemployment recently topped 15%.

September 29, 2011
Business

Mica Letter Cites ‘Concern’ on Proposed Hours-of-Service Rule Changes

House Transportation and Infrastructure Committee Chairman John Mica and three other congressmen have sent a letter to President Obama expressing “concern” over proposed changes to the federal hours-of-service rules governing truck drivers.

September 28, 2011
BusinessFuel

Oil Falls to Near $83 a Barrel Following Supply Report

Oil fell more than $1 Wednesday to near $83 a barrel following a Department of Energy report that showed supplies rose last week, Bloomberg reported.

September 28, 2011
Business

August Truck Tonnage Rises 5.2%

Truck tonnage rose 5.2% in August from a year ago, the 21st straight month of year-over-year improvement, American Trucking Associations said.

September 28, 2011
Business

Durable Orders Dip 0.1% in August

Durable goods orders declined 0.1% in August as demand for automobiles and parts dropped, the Commerce Department said Wednesday.

September 28, 2011
Business

WalMart Transportation’s Rickey Oliver Named ATA’s Driver of the Year

Rickey Oliver, a Mississippi-based truck driver for WalMart Transportation, was named American Trucking Associations’ 2011 National Truck Driver of the Year.

September 28, 2011
GovernmentBusiness

NAFTA Surface Trade Jumps 18.1% in July

Surface trade among the United States, Canada and Mexico rose 18.1% in July from a year ago, the Department of Transportation reported.

September 27, 2011