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

Oil Closes Week Over $81 a Barrel

Oil finished the week over $81 a barrel near a two-month high, as investors speculated that inventories could decline next week, Bloomberg reported.

March 12, 2010
Business, Technology, Equipment, Safety, Logistics

System Logistics Establishes New Group

System Logistics Corp. said it has established a new group within its company dedicated to complex and large scale supply chain projects.

March 12, 2010
Business, Logistics

Two ATA Councils to Hold Meetings in May

The Information Technology & Logistics Council and National Accounting & Finance Council will hold their annual meetings May 3-5 in Amelia Island, Fla.

March 12, 2010
Business, Government, Logistics, Autonomous

Canada Delays Electronic Manifest Requirement

Canada has delayed its plan to require carriers with incoming shipments to submit manifest information electronically to the Canada Border Services Agency, the Canadian Trucking Alliance said.

March 12, 2010
Business, Safety, Government

Trimac’s 4Q Income Falls

Canada-based transportation firm Trimac Income Fund earned C$1.2 million, or 2.3 cents per unit, in the fourth quarter, compared with C$3 million, or 10.9 cents, a year ago.

March 12, 2010
Government, Business, Safety

I-70 Reopens in Colo. After Rock Slide; Speed Limit Reduced

Interstate 70 in Colorado has been opened one way in each direction after being closed since Monday by a rock slide, and speed limits through the area have been reduced to 40 mph, according to the Colorado Department of Transportation.

March 12, 2010
Business, Government

Retail Sales Rise for Fourth Time in Five Months

Retail sales rose 0.3% in February, the fourth increase in four months, the Commerce Department said Friday.

March 12, 2010
Business, Government

Consumer Confidence Index Declines

U.S. consumer confidence declined this month, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.

March 12, 2010
Business, Government

Business Inventories Unchanged in January

Business inventories were unchanged in January, the Commerce Department said Friday.

March 12, 2010
Government, Business, Safety

Daylight Saving Time Begins Sunday

Daylight Saving Time will begin this Sunday, March 14, with clocks being set ahead one hour for most Americans at 2 a.m. local time.

March 11, 2010