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, Safety

Intermodal Traffic Gains 12.4% for Week

Intermodal traffic grew 12.4% last week compared from a year ago, the Association of American Railroads reported.

April 15, 2011
Business, Safety, Government, Autonomous

Illinois Appellate Court Upholds Liability Ruling Against C.H. Robinson for Fatal Accident

An Illinois appellate court has upheld a lower court’s ruling that freight forwarder C.H. Robinson Worldwide is liable for damages in a case stemming from a fatal truck accident in 2004.

April 15, 2011
Business

Trucking Groups Oppose D.C. Parking Permit Plan

Five trucking industry associations filed comments recently opposing a plan to require motor carriers to buy permits to park in Washington, D.C.

April 15, 2011
Business

Consumer Confidence Gains in April

Consumer confidence increased in April from a 16-month low, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

April 15, 2011
Business, Government

N.Y. Factory Index Expands at Fastest Rate in a Year

Manufacturing activity in the New York region expanded at the fastest rate in a year in April, the Federal Reserve Bank of New York said Friday.

April 15, 2011
Business

Industrial Production Grows 0.8%

Industrial production increased 0.8% in March, led by a rebound in consumer goods manufacturing, the Federal Reserve said Friday.

April 15, 2011
Business, Government

Consumer Price Index Increases 0.5%

The consumer price index gained 0.5% in March, the Labor Department said Friday.

April 15, 2011
Business

J.B. Hunt Reports Record 1Q Income

J.B. Hunt Transport Services reported record income for its first quarter, as its trucking, intermodal and dedicated contract services segments all improved.

April 14, 2011
Business

Driver Turnover Rises, Showing Stronger Economy, ATA Says

Driver turnover rose sharply in last year’s fourth quarter as carriers boosted payrolls, indicating stronger economic recovery, American Trucking Associations said Thursday.

April 14, 2011
Business

Producer Price Index Rises 0.7% in March

Prices paid to U.S. producers rose 0.7% in March, led by cost increases in energy and light trucks and automobiles, the Labor Department said Thursday.

April 14, 2011