Trucking Business News

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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, Equipment

ISM Services Index Increases in July

The U.S. economy’s service sector expanded at a faster pace in July, the Institute for Supply Management said Wednesday.

August 4, 2010
Business

U.S. Auto Sales Rise in July

Most automakers posted higher U.S. sales in July, despite lingering consumer concerns over the economy, the Associated Press reported.

August 4, 2010
Business, Government, Safety

Opinion: Don’t Lose Sleep Over CSA

I have been following with interest the published articles covering the Federal Motor Carrier Safety Administration’s new CSA program. The articles include a front-page story in the June 28 edition of this newspaper headlined “CSA Training Could Affect O-Os, Some Industry Officials Worry.â€

August 4, 2010
Business, Equipment

Accuride Reports Second-Quarter Profit

Commercial vehicle component manufacturer Accuride Corp. said it earned $6.5 million in the second quarter, compared with a loss of $36.1 million a year ago.

August 4, 2010
Business, Equipment

Wabash National’s 2Q Loss Narrows

Trailer manufacturer Wabash National Corp.’s second-quarter loss narrowed to $5.6 million or 72 cents per share, from a loss of $17.9 million, or 59 cents, a year ago.

August 3, 2010
Business, Logistics

Deutsche Post’s 2Q Profit Improves

Deutsche Post, the Germany-based parent company of DHL USA, said Tuesday its second-quarter quarter results improved as it boosted its earnings forecast, Bloomberg reported.

August 3, 2010
Government, Business, Logistics

SoCal Port Plan Awaits Judge’s Decision

The introduction of a new bill aimed at giving ports more authority to enact environmental regulations is expanding the battle over the Port of Los Angeles’ controversial employee-only clean trucks plan from the courts to Congress.

August 3, 2010
Government, Business, Equipment, Autonomous

N.J.-Pa. Bridge Upgrade Plan May Include Tolls

One of the last toll-free bridges across the Delaware River would charge truck tolls of $4 an axle under a plan to seek private investors to rebuild and operate the Interstate 95 Bridge that connects Pennsylvania and New Jersey.

August 3, 2010
Business

YRC’s 2Q Loss Narrows as Carrier Reports Operating Profit

YRC Worldwide said Tuesday its second-quarter loss narrowed as it reported positive operating income for the three-month period.

August 3, 2010
Business

Factory Orders Decline in June

U.S. factory orders dropped 1.2% in June, the Commerce Department said Tuesday.

August 3, 2010