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

Patriot Transportation’s Profit Grows in 4Q

Tank and bulk carrier Patriot Transportation Holding said Tuesday it almost doubled its profit in its fiscal fourth quarter, compared with a year ago.

November 30, 2010
Business

Chicago Manufacturing Index Improves

Manufacturing activity in the Chicago region improved this month, showing continued expansion, the Institute for Supply Chain Management-Chicago said Tuesday.

November 30, 2010
BusinessGovernmentLogistics

Consumer Confidence Improves in November

Consumer confidence rose in November, the New York-based Conference Board said Tuesday.

November 30, 2010
BusinessFuelGovernment

Diesel Declines 0.9¢ to $3.162 a Gallon

Diesel fell for the second consecutive week, dipping 0.9 cents to $3.162 a gallon as oil prices rose, the Department of Energy reported.

November 30, 2010
Business

U.N. Agency Eyes Air-Cargo Security Rules

The United Nations agency that oversees aviation is pushing new guidelines for cargo security to counter possible terrorism, but is stopping short of calling for 100% screening of packages, as pilots and some U.S. lawmakers have urged, the Associated Press reported Monday.

November 29, 2010
BusinessFuel

Oil Rises to Two-Week High Over $85

Oil rose over $85 a barrel Monday, its highest level in two weeks, Bloomberg reported.

November 29, 2010
Business

Opinion: Driver Shortages — Influences, Solutions

Most credible articles written about a looming driver shortage discuss three major influences for the upcoming labor crisis: aging driver demographics, CSA and an expected U.S. Department of Transportation-mandated reduction in driving hours.

November 29, 2010
Letters to the EditorBusinessGovernmentSafety

Letter: EOBRs

I was reading your Nov. 1 issue and came across the article about the Owner-Operator Independent Drivers Association, electric onboard recorders and hours of service. I read the article and felt I should put in my 2 cents’ worth on this issue.

November 29, 2010
EditorialBusinessGovernmentSafety

The Coming Freight Crunch

When the next freight transportation capacity shortage makes itself known, whether it’s in the second half of next year or at the start of 2012, no one should say they weren’t warned well in advance.

November 29, 2010
BusinessTechnology

Fleets Seek New Technology to Aid Safety, Savings, Fuel

Managers of large fleets want to buy improved equipment and advanced technologies despite the recent recession but are insisting upon payback periods of four years or less, according to a recent survey.

November 29, 2010