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, Safety, Government

Economy, Transport Funding Are Key Themes at TRB’s 90th Annual Meeting in Washington

The global economy and transportation funding challenges will be among the main focus areas during the Transportation Research Board’s 90th annual meeting, scheduled for Jan. 23-27 in Washington, D.C.

January 10, 2011
Business

Trucking’s Profits Are Expected to Increase for Fourth Straight Quarter, Analysts Say

Every public trucking company is expected to post improved year-over-year earnings for the fourth quarter in a row, setting the stage for solid profits growth this year.

January 10, 2011
Business

Truck-Rite, R+L Carriers to Continue Talks in Effort to Settle Breach of Contract Dispute

Settlement discussions will continue in an $18.5 million breach of contract dispute between Truck-Rite Distribution Systems Corp. and R+L Carriers Inc., an executive with Truck-Rite said.

January 10, 2011
Business, Fuel

Diesel Fuel Rises 3.7¢ to $3.331

The average price of U.S. retail diesel rose another 3.7 cents last week to $3.331 a gallon, the Department of Energy reported, or 26.4 cents higher than it was two months ago.

January 10, 2011
Business, Logistics

Intermodal Traffic Rises for Week, Year

Intermodal traffic rose 11.9% for the last week of 2010 compared with the same week a year earlier, the Association of American Railroads said.

January 7, 2011
Business

Unemployment Rate Drops to 9.4%

The U.S. unemployment rate fell to 9.4% in December, the lowest in a year and a half, the Labor Department said Friday.

January 7, 2011
Business, Government, Autonomous

DOT Proposes Revised Mexican Truck Program

The Obama administration has released an outline of what the resumption of a cross-border trucking program with Mexico would look like, in an effort to stem the ongoing dispute that has led to Mexico putting tariffs on some U.S. goods.

January 7, 2011
Perspective, Business, Equipment

Opinion: Late Fees and Supply Chain Integrity

Appointment scheduling is common in today’s transportation industry. It allows for the orderly receipt of shipments, reduces waiting time and increases routing and operations productivity. When all goes according to plan, the supply chain flows with optimal efficiency.

January 7, 2011
Business

Ryder Completes Total Logistic Control Acquisition

Ryder System has completed its acquisition of Total Logistic Control at a cost of $200 million, the company said.

January 6, 2011
Business

U.S. 2010 Automobile Sales Rise 11%

U.S. automobile sales rose last year for the first time since the recession, increasing 11% from a year earlier.

January 6, 2011