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

Transport America Buys Southern Cal Transport

Transport America said it has acquired Birmingham, Ala.-based truckload carrier Southern Cal Transport. Terms were not released.

January 13, 2011
Business, Fuel

QualaWash Acquires PSC

Tanker-cleaning service Quala­Wash Holdings LLC said it acquired PSC Container Services for an undisclosed sum.

January 13, 2011
Business

Con-way’s 4Q Income to Decline on Higher Health Costs

Con-way Inc.’s less-than-truckload Con-way Freight unit will report lower fourth-quarter earnings compared with a year ago due to higher healthcare costs, the company said Thursday.

January 13, 2011
Business

UPS Airlines President Retires

The president of UPS Inc.’s freight airline has retired after working for the company for 36 years.

January 13, 2011
Business

U.S. Trade Deficit Drops to 10-Month Low

The U.S. trade deficit fell to a 10-month low in November, the Commerce Department said Thursday.

January 13, 2011
Business

Initial Jobless Claims Rise for Week

Initial jobless claims increased last week to the highest level since October, the Labor Department said Thursday.

January 13, 2011
Business

December Producer Price Index Rises 1.1%

Prices paid to U.S. producers rose by the most in almost a year, gaining 1.1% in December, the Labor Department said Thursday.

January 13, 2011
Business

DOT Freight Transportation Index Rises 0.1%

The Department of Transportation’s freight transportation services index rose 0.1% in November from a year earlier, the 11th straight year-over-year gain.

January 12, 2011
Government, Business

Fed Sees Mixed Transportation Demand

U.S. economic activity continued to “expand moderately” between mid-November and early January, but demand for transportation services was mixed, the Federal Reserve said.

January 12, 2011
Business

ATA Names Drivers to America’s Road Team

American Trucking Associations announced Wednesday that it had named 18 truck drivers to represent the industry as America's Road Team.

January 12, 2011