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

Existing ºÚÁϳԹÏÍø Sales Jump 12% in December

Existing home sales rose 12% in December, the National Association of Realtors said Thursday.

January 20, 2011
Government, Business

Leading Economic Indicators Jump in December

An index of leading economic indicators increased in December, the six consecutive monthly increase, the New York-based Conference Board said Thursday.

January 20, 2011
Business, Equipment

Philadelphia Manufacturing Expands in January

Manufacturing activity in the Philadelphia region slipped but still showed expansion for a fourth straight month, the Federal Reserve Bank of Philadelphia said Thursday.

January 20, 2011
Business, Logistics

Union Pacific’s 4Q Profit Jumps 41%

Union Pacific Corp.’s fourth-quarter profit 41% on higher volume, the railroad said Thursday.

January 20, 2011
Business

Initial Jobless Claims Decline for Week

Initial jobless claims fell by 37,000 last week, the biggest weekly decline in almost a year, the Labor Department said Thursday.

January 20, 2011
Perspective, Business

Opinion: Driver Dock Detention Costs All

Anne Ferro, administrator for the Federal Motor Carrier Safety Administration, recently addressed members of the National Industrial Transportation League about an issue that’s become all too common industrywide — driver detention at the docks.

January 20, 2011
Business

Con-way Freight Sets New Cargo-Loading System

Con-way Freight said Wednesday it has deployed a SafeStack load management and cargo protection system across its fleet of 16,800 freight trailers in North America.

January 19, 2011
Business

ABF Files Appeal on YRC-Teamsters Pact

ABF Freight System has appealed a judge’s ruling dismissing its suit against the Teamsters union and competing less-than-truckload carrier YRC Worldwide over a labor agreement reached last year between YRC and the union.

January 19, 2011
Business

Vitran to Buy Milan Express’ LTL Operations

Vitran Corp. said it plans to buy the less-than-truckload business of Milan Express, which operates 34 facilities in the central and southeastern United States, for an undisclosed price.

January 19, 2011
Business

Port of L.A.’s Exports Hit Record

Year-over-year container traffic at the Port of Los Angeles surged 16% last year, led by a record number of exports, the port said.

January 19, 2011