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.

BusinessFuel

Diesel Jumps 6.3¢ to $2.991

The average price of a gallon of retail diesel in the country jumped 6.3 cents last week to $2.991, the largest one-week increase since early April, the Department of Energy reported.

August 16, 2010
Business

Retail Sales Improve in July

Retail sales rose 0.4% in July, let by higher auto and gasoline sales, the Commerce Department said Friday.

August 13, 2010
Business

Business Inventories Rise 0.3%

Business inventories rose 0.3% in June, a faster pace than the previous month, the Commerce Department said Friday.

August 13, 2010
Business

Consumer Confidence Improves in August

Consumer confidence improved in August, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday.

August 13, 2010
BusinessSafetyGovernmentAutonomous

ATRI Survey Seeks Trucking Industry’s Top Concerns

The American Transportation Research Institute this week released its annual survey to gauge the trucking industry’s top concerns.

August 13, 2010
BusinessLogistics

Weekly Intermodal Traffic Rises 18.6%

Intermodal rail traffic rose 18.6% last week, the Association of American Railroads said.

August 12, 2010
Business

New Century Transportation Plans IPO

New Century Transportation became the latest trucking company to plan an initial public offering, news services reported.

August 12, 2010
Business

Trimac’s 2Q Income Improves

Canadian transportation firm Trimac Income Fund said it earned C$3.1 million, or 9 cents per unit, in the second quarter, up from C$1.1 million, or 3 cents, a year ago.

August 12, 2010
Business

Express-1 Reports Higher 2Q Profit

Express-1 Expedited Solutions’ second-quarter profit rose to $1.5 million, or 5 cents per share, from $288,000, or 1 cent, a year ago.

August 12, 2010
BusinessLogistics

Trailer Bridge’s 2Q Income Improves

Trailer Bridge Inc. reported its second-quarter profit improved to $900,000, or 7 cents per share, from $650,000, or 5 cents, a year ago.

August 12, 2010