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, Fuel, Government

Tanker Wetlines Rule Advances

PHOENIX The Pipeline and Hazardous Materials Safety Administration sent its new proposed wetlines regulation to the White House Office of Management and Budget on Oct. 15 for review.

October 25, 2010
Business, Fuel

Diesel Average Rises 0.7瞽 to $3.073 a Gallon for Fifth Increase in Six Weeks, DOE Says

The U.S. retail diesel and gasoline averages both rose again last week, the Department of Energy reported, but the increases slowed as crude oil prices continued a recent slide.

October 25, 2010
Business, Logistics

Intermodal Freight Volumes Remain Strong, Contributing to Strong 3Q Railroad Profits

The intermodal business is making a solid contribution to third-quarter rail profits, as volumes remain strong through the fall peak season for domestic freight, industry officials said.

October 25, 2010
Business

UPS Third-Quarter Net Income Soars 80%

UPS Inc. said Oct. 21 its third-quarter net income jumped 80% to $991 million from a year earlier, on the strength of higher rates and rising profits for domestic and international packages.

October 25, 2010
Business

YRC Posts Improvement in Quarterly Results

YRC Worldwide Inc.s third-quarter financial results improved on both a year-over-year basis and from the second quarter of 2010, the less-than-truckload company said last week, reporting that tonnage improved and operating losses declined.

October 25, 2010
Business

ATA Seeks Financial Support for Capitol Hill Office

PHOENIX To pay down some of the debt incurred to build its new Capitol Hill office complex, American Trucking Associations is offering members the chance to purchase commemorative pavers on the buildings rooftop patio.

October 25, 2010
Business

Mack, Michelin to Continue Sponsoring Share the Road Program

PHOENIX Mack Trucks Inc. and Michelin North America will continue their support of the Share the Road highway safety education program in 2011, company officials announced.

October 22, 2010
Business, Government, Safety

Opinion: Approaching Midterms Put Issues in Focus

Midterm elections are right around the corner, and a number of issues are at the forefront of voters minds not the least of which is the economy. Everyone wants to know what will be done about job creation and economic growth.

October 22, 2010
Business

Class 8 Truck Orders Jump 37% in September, ACT Says

September orders of Class 8 trucks totaled 15,231 up 37% from a year ago, according to a report by ACT Research Co.

October 22, 2010
Business

UPS Third-Quarter Income Jumps 80%

UPS Inc. said Thursday its third-quarter income jumped 80% to $991 million, or 99 cents a share, from $549 million, or 55 cents, a year ago.

October 22, 2010