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

Industry Gathers in Phoenix to Discuss Economy, Regulations, Future of Trucks

American Trucking Associations members gathering this week in Phoenix will meet to discuss economic recovery, the future of trucks and engines and the political and regulatory issues facing the industry.

October 17, 2010
Business

Class 8 Truck Sales Rise 21%

A strong surge by Freightliner Trucks helped lead heavy-duty U.S. retail truck sales to a 21% increase in September, the ninth straight month of improved Class 8 sales from last year, WardsAuto.com reported.

October 17, 2010
GovernmentBusiness

Obama Again Calls for $50 Billion for Transport Infrastructure

President Obama last week pushed Congress to move forward with a $50 billion spending package for transportation infrastructure, his second such plea in five weeks.

October 17, 2010
BusinessTechnology

Purchase of EIS Makes McLeod Software Ready to Compete for LTL Business

McLeod Software’s purchase of Enterprise Information Solutions positions the No. 2 provider of enterprise software for motor carriers to compete for the first time for business from less-than-truckload companies — a trucking niche that appears hungry for new technology, vendors said.

October 17, 2010
BusinessFuel

Diesel Jumps 6.6¢ to $3.066 a Gallon

Fuel prices surged for a second week as the U.S. retail diesel average hit $3.066 a gallon, 6.6 cents higher than a week ago, the Department of Energy reported.

October 17, 2010
Business

September Retail Sales Rise 0.6%

Retail sales rose 0.6% in September, the third straight increase, the Commerce Department said Friday.

October 15, 2010
BusinessFuel

Oil Falls to Lowest Level in Two Weeks

Oil fell to its lowest level in two weeks Friday, dropping to near $81 a barrel, Bloomberg reported.

October 15, 2010
BusinessSafetyGovernmentLogistics

Greatwide Expands Its Operations Center for Dedicated Carriage, New Software

Greatwide Logistics Services said Oct. 7 it has substantially increased the operations capacity and capabilities of its transportation operations center by implementing new software programs.

October 15, 2010
Business

J.B. Hunt Posts Higher 3Q Profit

J.B. Hunt Transport Services said its third-quarter profit rose from a year ago as intermodal volumes jumped and truck segment pricing improved.

October 15, 2010
BusinessGovernment

New York Manufacturing Index Expands

Manufacturing activity in the New York region expanded in October at the highest rate in four months, the Federal Reserve Bank of New York said Friday.

October 15, 2010