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

December Truck Tonnage Grows 4.2%

Truck tonnage rose 4.2% in December from a year ago to its highest level in more than two years, American Trucking Associations said.

January 25, 2011
Business, Government

Carol Browner Departing as Obama Energy Adviser

Carol Browner, the Obama administration’s top adviser on energy and climate issues, plans to step down from her position, the Associated Press reported, citing White House officials.

January 25, 2011
Business, Logistics

Swift’s Fourth-Quarter Loss Narrows

Swift Transportation Co., in its first public earnings statement since going public late last year, said its fourth-quarter net loss was less than that of a year earlier and that its operating revenue improved.

January 25, 2011
Government, Business

Consumer Confidence Hits Eight-Month High

Consumer confidence hit its highest level in eight months in January, the New York-based Conference Board reported Tuesday.

January 25, 2011
Government, Business

IMF Boosts World Economic Growth Projection

The International Monetary Fund boosted its forecast for global economic growth this year, reflecting stronger U.S. output based on tax-cut extensions and higher growth in emerging economies, Bloomberg reported Tuesday.

January 25, 2011
Business, Fuel

Diesel Rises 2.3¢ to $3.43 a Gallon in Eighth Straight Gain

Diesel’s national average rose for the eighth consecutive week, gaining 2.3 cents to $3.43 a gallon, the Department of Energy said.

January 25, 2011
Business, Logistics

CN’s Profit Falls in 4Q, Grows in Year

Canadian National Railway Co. said its fourth-quarter net income fell 13.6% to C$503 million, or C$1.08 per share, from C$582 million or $1.23 per share, a year earlier.

January 25, 2011
Business, Logistics

CSX’s 4Q, Full-Year Earnings Jump on Higher Volume

CSX Corp. said Monday its fourth-quarter profit jumped 42% on higher shipments from auto manufacturers and other industrial shippers.

January 24, 2011
Business, Technology

Qualcomm Releases CSA Software

Qualcomm Inc. said it has released its CSA Safety Performance Service to help carriers manage performance related to the federal Compliance, Safety, Accountability regulations’ new safety-measurement system.

January 24, 2011
Government, Business, Safety, Autonomous

Cross-Border Trucking on Clinton’s Agenda in Mexican Talks

Cross-border trucking will be on the agenda of Secretary of State Hillary Clinton when she holds talks Monday with Mexican officials, Bloomberg reported.

January 24, 2011