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, Government

CSA, Infrastructure Funding on Agenda at TransComp/Intermodal Expo in Florida

When transport industry leaders gather Nov. 14-16 for the annual TransComp/Intermodal Expo in Fort Lauderdale, Fla., they will be probing for solutions to wide-ranging regulatory, commercial and policy issues, including the Compliance, Safety and Accountability program of the Federal Motor Carrier Safety Administration and infrastructure funding.

November 1, 2010
Business

Sales, Earnings Improve in 3rd Quarter, Truck, Engine Manufacturers Report

Three truck manufacturers and engine maker Cummins Inc. all reported improved revenue in the third quarter as the market for new trucks in North America continued to improve.

November 1, 2010
Business, Government, Logistics

Court Temporarily Blocks Ban on Owner-Operators at L.A. Port

A federal judge last week temporarily blocked a ban on owner-operators at the Port of Los Angeles, granting an injunction sought by American Trucking Associations.

November 1, 2010
Business, Fuel

Diesel Average Slips 0.6¢ to $3.067

The average retail price of both diesel and gasoline dipped last week for the first time in a month, the Department of Energy reported.

November 1, 2010
Business

Explosives Found on U.S.-Bound Cargo Plane

President Obama said Friday that federal authorities had uncovered a “credible terrorist threat” against the United States following the overseas discovery of U.S.-bound packages containing explosives aboard cargo jets, the Associated Press reported.

October 29, 2010
Business

Intermec Reports Loss in 3Q

Supply chain technology firm Intermec Inc. said its third-quarter net earnings loss was $6.9 million, or 11 cents per share, compared with a profit of $64,000, or zero cents, a year ago.

October 29, 2010
Business, Logistics

TransForce Reports Higher 3Q Earnings

TransForce Inc., Canada's largest trucking company, said Friday its third-quarter profit rose to C$25 million as it cut costs to offset weak conditions across the industry, Bloomberg reported.

October 29, 2010
Business

Thompson to Step Down as J.B. Hunt’s President/CEO; Will Become Chairman

J.B. Hunt Transport Services said that Kirk Thompson will step down as president and CEO at the end of the year and become the company’s chairman.

October 29, 2010
Business, Logistics

Intermodal Traffic Increases for Week

Intermodal rose 13.6% last week from a year earlier, the Association of American Railroads said.

October 29, 2010
Business, Safety, Government

Chicago Manufacturing Index Increases in October

Manufacturing activity in the Chicago region improved in October, showing continued expansion, the Institute for Supply Chain Management-Chicago said Friday.

October 29, 2010