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, Fuel

Diesel Rises 3.9¢ to $3.573 a Gallon

Diesel increased in price for the 12th straight week, gaining 3.9 cents to $3.573 a gallon, the Department of Energy said.

February 23, 2011
Business, Safety, Autonomous

ATA Supports Hand-Held Phone Ban for Truck Drivers

American Trucking Associations has told the Federal Motor Carrier Safety Administration that it supports the proposed ban on hand-held phone use by commercial vehicle drivers.

February 23, 2011
Business

TransForce Completes Acquisition of Dynamex

Canadian trucking firm TransForce Inc. has completed its acquisition of logistics and delivery firm Dynamex Inc., Dynamex said Wednesday.

February 23, 2011
Business

Existing ºÚÁϳԹÏÍø Sales Hit 8-Month High

Existing home sales rose 2.7% in January to the highest level in eight months, the National Association of Realtors said Wednesday.

February 23, 2011
Government, Business, Fuel

DeFazio Proposes Limiting Detention Time

Rep. Peter DeFazio (D-Ore.) has introduced a bill that would require the Department of Transportation to study and establish a maximum number of hours that drivers may be detained at loading docks without being compensated.

February 22, 2011
Business

US 1 Accepts Buyout Offer from Executives

Logistics firm US 1 Industries has accepted a buyout offer from a company owned by two of its top executives.

February 22, 2011
Business, Logistics

Expeditors’ Fourth-Quarter Profit Jumps

Logistics firm Expeditors International of Washington’s fourth-quarter profit jumped 40% to $96.5 million, or 45 cents a share, from $69.1 million, or 32 cents, a year earlier.

February 22, 2011
Business, Government, Logistics

Consumer Confidence Hits Three-Year High

Consumer confidence hit its highest level in three years in February, the New York-based Conference Board reported Tuesday.

February 22, 2011
Business

UPS Buys 48 LNG Heavy Trucks

UPS Inc. has purchased 48 heavy trucks powered by liquefied natural gas and will deploy them this year, it said Tuesday.

February 22, 2011
Business

YRC Offers Customers Free Mobile Apps

YRC Worldwide’s less-than-truckload units have introduced new mobile applications that will allow customers to check on their shipments and obtain other information through their mobile telephones.

February 22, 2011