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

Jobless Claims Decline for Week

Initial jobless claims fell by 3,000 last week to the lowest level in three weeks, the Labor Department said Thursday.

December 16, 2010
Business

ATA’s Moskowitz Named Chairman of Energy Group

Rich Moskowitz, vice president and regulatory affairs counsel at American Trucking Associations, has been named chairman of the Consumer Energy Alliance.

December 15, 2010
Business

Volvo’s November North American Deliveries Rise 71%

Volvo AB’s North American heavy-duty truck sales rose 71% in November from a year ago, the company said Wednesday.

December 15, 2010
Business

TransForce to Buy Dynamex for $248 Mln.

Canadian trucking firm TransForce Inc. will buy logistics and delivery firm Dynamex Inc. for $248 million, Bloomberg reported.

December 15, 2010
Government, Business

South Carolina, Georgia Suspend HOS for Fuel Hauling

With winter moving into the southern states, Georgia and South Carolina have suspended the hours-of-service requirements for truckers hauling fuel.

December 15, 2010
Business

Industrial Production Grows in November

Industrial production rose 0.4% in November, the Federal Reserve said Wednesday.

December 15, 2010
Business, Government

New York ‘Empire’ Manufacturing Index Expands

Manufacturing activity in the New York region expanded this month, the Federal Reserve Bank of New York said Wednesday.

December 15, 2010
Business, Government

Consumer Price Index Rises 0.1%

The consumer price index rose 0.1% in November, the Labor Department said Wednesday.

December 15, 2010
Business

Truck-Weight Pilot Program Wins Support

U.S. Sen. Susan Collins has persuaded her Appropriations Committee colleagues to include a provision in the government’s pending funding plan that would continue to allow trucks weighing over 80,000 pounds continue running on interstate highways in Maine and Vermont.

December 14, 2010
Business

Fed Holds Interest Rate at Record Low

The Federal Reserve voted Tuesday to keep a key U.S. interest rate at a record low rate of zero to 0.25%, though it cited concerns over continued high unemployment.

December 14, 2010