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

US 1 Industries Gets Buyout Proposal

Logistics firm US 1 Industries said it has received a proposal from its two top executives to buy all of the shares they don’t already own in a transaction that is worth about $8 million.

September 24, 2010
Business

New ºÚÁϳԹÏÍø Sales Unchanged in August

New home sales were unchanged in August, following a record drop in July, the Commerce Department said Friday.

September 24, 2010
BusinessSafetyGovernment

Durable Goods Orders Fall 1.3%

Durable goods orders fell 1.3% in August, the Commerce Department said Friday. Orders excluding transportation equipment rose 2%, more than forecast.

September 24, 2010
BusinessLogistics

Intermodal Traffic Continues Upward Trend

Intermodal traffic increased 16.9% last week from a year earlier, the Association of American Railroads said.

September 24, 2010
Business

Daimler Sees No Medium-Duty Sales Bubble in North America

HANOVER, Germany — There is no sales bubble coming soon for medium-duty trucks in North America, according to Martin Daum, president of Daimler Trucks North America.

September 23, 2010
GovernmentBusiness

Chamber of Commerce Releases Transportation Performance Index

WASHINGTON — The U.S. Chamber of Commerce released a new transportation index Thursday that showed a multiyear decline in U.S. infrastructure.

September 23, 2010
Business

Existing ºÚÁϳԹÏÍø Sales Rise from Record Low

Sales of existing home rose in August from record low in July, the National Association of Realtors said Thursday.

September 23, 2010
GovernmentBusiness

Leading Economic Indicators Gain 0.3%

An index of leading economic indicators improved in August, the New York-based Conference Board said Thursday.

September 23, 2010
Business

Jobless Claims Rise for Week

Initial jobless claims rose by 12,000 last week to 465,000, the Labor Department said Thursday.

September 23, 2010
Business

Iowa Issues Truck-Weight Exemption for Harvest Season

Iowa Gov. Chet Culver (D) has exempted weight limits on trucks for 60 days on carriers of farm products for the harvest season.

September 22, 2010