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

Vitran Sells Truckload Unit Frontier Transport

Vitran Corp. said it sold truckload carrier Frontier Transport Corp. to Online Transport, an Indianapolis-based carrier, for about $5 million.

December 1, 2010
Business

ISM Manufacturing Index Shows Continued Expansion

U.S. manufacturing activity slipped slightly in November but showed continued expansion for the 16th straight month, the Institute for Supply Management said Wednesday.

December 1, 2010
Business

Construction Spending Rises 0.7% in October

Construction spending rose 0.7% in October, the Commerce Department said.

December 1, 2010
Business

3Q Productivity Revised Upward to 2.3%

U.S. workers’ productivity rose at a 2.3% annual rate in the third quarter, higher than previously estimated, the Labor Department said Wednesday.

December 1, 2010
Business

Companies Add More Jobs Than Forecast, ADP Says

U.S. companies boosted payrolls by the most in three years in November, propelled by increased hiring at small businesses, according to a private report released Wednesday.

December 1, 2010
GovernmentBusiness

CARB May Be Flexible on Reefer Retrofits

California environmental regulators have pledged to cut truckers some slack early next year while enforcing the state’s amended transport refrigeration unit rule that will require all refrigerated trucks and trailers be equipped with low emission TRU retrofits or engines on their 2003 trucks and trailers by Dec. 31.

November 30, 2010
GovernmentBusiness

Tolling Close on Washington State Bridge

When tolling starts sometime this spring on the State Route 520 Bridge across Lake Washington west from Seattle, trucks could pay from $2.40 to $14.50 each way to cross.

November 30, 2010
GovernmentBusiness

Idaho Panel Falls Short of Road-Funding Recommendations

A task force formed to address Idaho’s transportation funding shortfall has disbanded after 18 months of work without making any specific road-revenue-raising recommendations.

November 30, 2010
GovernmentBusiness

NAFTA Surface Trade Rises 19.3% in September

Surface transportation trade among the United States, Canada and Mexico rose 19.3% in September from a year earlier, the Department of Transportation said.

November 30, 2010
Business

Daimler Sees Higher Worldwide Truck Sales

Daimler AG’s truck unit’s return on sales could average as high as 8% in the next three years as worldwide markets rebound, the company said Tuesday.

November 30, 2010