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

Ohio Proposes Higher Weight Limits for Some Trucks

Ohio Gov. Ted Strickland’s (D) administration has proposed increasing weight limits for certain trucks in an effort to increase exports, the Associated Press reported.

August 20, 2010
Business

FedEx Ground Hit with Driver Lawsuit in Mass.

More than 30 current and former FedEx Ground drivers brought a class-action lawsuit against the company last week in a federal court in Massachusetts, alleging that they were misclassified as independent contractors.

August 20, 2010
BusinessFuel

Oil Falls to Six-Week Low Under $74 a Barrel

Oil fell almost $1 to below $73.50 a barrel Friday, a six-week low, on a continued uncertain economic outlook, Bloomberg reported.

August 20, 2010
GovernmentBusiness

Pa. Poll Backs More Transportation Funding, Rendell Says

Pennsylvania Governor Ed Rendell (D) released results of a bipartisan poll that showed majorities of the state’s residents are concerned about transportation and back more funding of infrastructure projects.

August 19, 2010
BusinessLogistics

Intermodal Traffic Hits High for Year

Intermodal rail traffic rose to its highest level of the year last week, the Association of American Railroads said.

August 19, 2010
GovernmentBusiness

Leading Economic Indicators Gain 0.1%

An index of leading economic indicators increased 0.1% in July, the second increase in four months, the New York-based Conference Board said Thursday.

August 19, 2010
BusinessEquipment

Philadelphia Manufacturing Index Contracts

Manufacturing levels in the Philadelphia region showed contraction for the first time in a year, the Federal Reserve Bank of Philadelphia said Thursday.

August 19, 2010
Business

New Jobless Claims Hit Nine-Month High

Initial jobless claims filed last week hit the highest level since November, the Labor Department said Thursday.

August 19, 2010
GovernmentBusinessSafetyAutonomous

Opinion: Savings, Security in the Cloud

Cloud computing is fast, reliable, inexpensive and swiftly growing in popularity — except in trucking.

August 19, 2010
Business

USA Truck Sets Rail Intermodal Container Service With BNSF

USA Truck has entered into a long-term agreement with BNSF Railway Co. to provide transport of private domestic intermodal containers.

August 18, 2010