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

Janine Valle Dies at 61; Was Vice President Of Pennsylvania Motor Truck Association

Janine Valle, vice president of the Pennsylvania Motor Truck Association, died Aug. 21 at the age of 61.

August 29, 2011
BusinessFuel

Diesel Declines 2.5¢ to $3.81 For Fourth Consecutive Drop

The national average price of retail diesel declined for the fourth consecutive week, dipping 2.5 cents a gallon to $3.81, the Department of Energy reported.

August 29, 2011
BusinessGovernmentLogistics

Consumer Confidence Falls in August

Consumer confidence dropped in August to its lowest level since November 2008, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

August 26, 2011
BusinessLogistics

TMSi Logistics Buys Griffin Global

TMSi Logistics, Portsmouth, N.H., said it has acquired Reno, Nev.-based Griffin Global Logistics Inc. for an undisclosed sum.

August 26, 2011
BusinessLogistics

Pitney Bowes Beefs Up SendSuite

Pitney Bowes said it has made some enhancements to its SendSuite Live logistics software.

August 26, 2011
BusinessLogistics

Weekly Intermodal Traffic Rises 1%

Intermodal traffic climbed 1% last week on higher container traffic, the Association of American Railroads reported.

August 26, 2011
Business

Rep. Mica to Support Extension of Transportation Spending Plan, Aide Says

Rep. John Mica (R-Fla.), chairman of the House Transportation and Infrastructure Committee, will support a temporary extension of the nation’s transportation spending plan when Congress returns to Washington next month, an aide said.

August 25, 2011
BusinessFuel

UPS to Purchase 100 All-Electric Vehicles

UPS announced it will purchase 100 all-electric delivery vehicles to replace older generation diesel trucks in the company's fleet.

August 25, 2011
Business

FMCSA Announces $8 Mln. to Improve Pennsylvania Truck and Bus Safety

The Federal Motor Carrier Safety Administration on Thursday announced more than $8 million in federal grants aimed at improving commercial truck and bus safety in Pennsylvania.

August 25, 2011
Business

Initial Jobless Claims Rise 5,000 for Week

Initial jobless claims increased by 5,000 last week to 417,000, the Labor Department said Thursday.

August 25, 2011