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

ABF Files Appeal on YRC-Teamsters Pact

ABF Freight System has appealed a judge’s ruling dismissing its suit against the Teamsters union and competing less-than-truckload carrier YRC Worldwide over a labor agreement reached last year between YRC and the union.

January 19, 2011
Business

Vitran to Buy Milan Express’ LTL Operations

Vitran Corp. said it plans to buy the less-than-truckload business of Milan Express, which operates 34 facilities in the central and southeastern United States, for an undisclosed price.

January 19, 2011
Business

Port of L.A.’s Exports Hit Record

Year-over-year container traffic at the Port of Los Angeles surged 16% last year, led by a record number of exports, the port said.

January 19, 2011
BusinessFuel

Diesel Jumps 7.4¢ to Top $3.40 a Gallon

Diesel rose for a seventh straight week, jumping 7.4 cents to $3.407 a gallon, the Department of Energy said.

January 19, 2011
Business

Housing Starts Drop to One-Year Low; Building Permits Jump 17%

Housing starts fell to a one-year low in December, the Commerce Department said Wednesday.

January 19, 2011
Business

Estes Executive Appointed to Va. Transportation Safety Board

Curtis Carr, vice president of safety and risk management for Estes Express Lines in Richmond, Va., has been appointed to that state’s Board of Transportation Safety by Gov. Bob McDonnell.

January 18, 2011
GovernmentBusiness

Va. Proposes Tax Credit For Shipping by Rail or Barge

Virginia Gov. Bob McDonnell wants any company that ships cargo from the port in Norfolk via barge or rail rather than truck to receive a $50 per container state income tax credit.

January 18, 2011
BusinessSafetyGovernmentAutonomous

ATA Endorses RAIR’s CSA Technology

American Trucking Associations said Tuesday it has endorsed RAIR Technologies’ CSA Solution product to manage carriers’ responsibilities under federal Compliance, Safety, Accountability standards.

January 18, 2011
Business

Greatwide Acquires Overton Transportation

Greatwide Logistics Services said it has acquired Overton Transportation, a subsidiary of Sysco Corp.

January 18, 2011
Business

New York ‘Empire’ Manufacturing Index Expands

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

January 18, 2011