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

Industrial Production Slows in August

Industrial production rose 0.2% in August, following a bigger gain in July, the Federal Reserve said Wednesday.

September 15, 2010
BusinessLogistics

Penske Logistics President to Retire

Penske Logistics President Vincent Hartnett will retire and be replaced by Marc Althen, the company said Wednesday.

September 15, 2010
BusinessGovernment

New York Manufacturing Index Expansion Slows

Manufacturing activity in the New York region expanded in September at the lowest rate in more than a year, the Federal Reserve Bank of New York said Wednesday.

September 15, 2010
GovernmentBusinessLogistics

Wait Times Fall at So. Calif. Ports

Container pick-up turn times for drayage operators at the Ports of Los Angeles and Long Beach are improving due to additional gate openings, increased staff and flex lunch hour shifts, motor carriers and terminal operators said Monday. 

September 14, 2010
GovernmentBusiness

Virginia May Privatize for Road Funding, Building

Virginia Gov. Bob McDonnell (R) is proceeding with privatization plans in two transportation areas, funding the system and building a new toll road.

September 14, 2010
Business

Navistar Gets Michigan Tax Credit for Armored Truck Facility

Navistar International Corp. has received a $2.5 million state tax credit to build an engineering center in Michigan for armored truck production, Bloomberg reported Tuesday.

September 14, 2010
GovernmentBusinessSafety

NJ Lawmakers May Raise Fines for Cell Phone Use

The fine for texting or talking on a cell phone could become as high as $500 in New Jersey under a bill approved Monday by the Senate Law and Public Safety Committee.

September 14, 2010
GovernmentBusiness

Groups Pushing for Larger Trucks to Merge

Two groups pushing for liberalization of federal truck size and weight limits - the Coalition for Transportation Productivity and Americans for Safe and Efficient Transportation  announced Monday that they will merge into one, larger organization.

September 14, 2010
BusinessSafety

DOT Sets Agenda for Distracted Driving Summit

The Department of Transportation has announced the agenda for its second Distracted Driving Summit, scheduled for Sept. 21 in Washington.

September 14, 2010
Business

Business Inventories Increase 1% in July

Business inventories rose 1% in July, the fastest pace in two years, the Commerce Department said Tuesday.

September 14, 2010