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

Chicago Manufacturing Index Jumps in September

Manufacturing activity in the Chicago region jumped in September, the Institute for Supply Chain Management-Chicago said Thursday.

September 30, 2010
Business, Logistics

CSX to Boost Dividend 8%

CSX Corp. said it would raise its quarterly dividend 8% to 26 cents per share, from the previous 24 cents.

September 30, 2010
Business

Jobless Claims Decline for Week

Initial jobless claims fell by 16,000 last week to 453,000, the Labor Department said Thursday.

September 30, 2010
Business, Government, Safety, Autonomous

Five Trucking Companies Endorse Bill Requiring EOBRs

Five major trucking companies said Wednesday they have endorsed legislation by two U.S. senators that would require electronic onboard recorders in all trucks to verify drivers’ duty status.

September 29, 2010
Business

FedEx to Boost LTL Rates 6.9%

FedEx Corp.’s less-than-truckload units will impose a 6.9% general rate increase effective Nov. 1, the company said Wednesday.

September 29, 2010
Business

August Truck Tonnage Rises 2.9%

Truck tonnage rose 2.9% in August, the ninth straight year-over-year increase, American Trucking Associations said.

September 29, 2010
Business, Government, Logistics

L.A. Harbor Commission Approves Driver-Mandate Timeline

The Los Angeles Harbor Commission has approved a plan to start implementing the Port of Los Angeles’ employee driver mandate next year.

September 29, 2010
Business, Autonomous

Opinion: Unincorporated Truckers Beware

Many of those involved in trucking — particularly the over-the-road interstate variety — appear to believe an unincorporated trucking firm escapes multistate taxation.

September 29, 2010
Business

YRC’s William Zollars to Retire

YRC Worldwide Chairman and CEO William Zollars will retire following completion of the company’s comprehensive recovery plan, the less-than-truckload carrier said.

September 28, 2010
Government, Business

New York to Close Six Rest Stops

New York will begin closing six of its state highway rest stops beginning Nov. 1 in an effort to deal with severe budget problems.

September 28, 2010