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

Dynamex’s 2Q Income Falls

Logistics and delivery firm Dynamex Inc.’s fiscal second-quarter profit fell slightly to $2.22 million, or 23 cents a share, from $2.3 million, or 24 cents, a year ago.

March 4, 2010
Business, Government, Safety

Fourth-Quarter Productivity Revised Upward

Worker productivity jumped 6.9% in the fourth quarter, capping the largest one-year gain since 2002, the Labor Department said Thursday.

March 4, 2010
Business

Jobless Claims Drop for Week

Initial jobless claims fell by 29,000 last week, the Labor Department said Thursday.

March 4, 2010
Business, Safety, Government

Fed Notes Modest Improvement in Transport Activity

The U.S. economy improved in nine of the Federal Reserve’s 12 districts early this year, with transportation levels improving modestly, the Fed said Wednesday.

March 3, 2010
Business, Safety, Government

NAFTA Surface Trade Increases in December

Surface transportation trade among the United States, Canada and Mexico grew in December from a year earlier, the Department of Transportation said.

March 3, 2010
Business, Safety, Government

Obama Signs Measure Restoring Transportation Funds

President Obama signed a bill reinstating transportation funding and ending a two-day furlough of 2,000 U.S. Department of Transportation employees.

March 3, 2010
Government, Business

New Ambassador Bridge Span Rejected

The U.S. Coast Guard has rejected plans for a second Ambassador Bridge span connecting Detroit to Windsor, Ontario, the Detroit News reported.

March 3, 2010
Business, Safety, Government

ISM Services Index Improves

The U.S. economy’s service sector improved in February, the Institute for Supply Management said Wednesday.

March 3, 2010
Business, Safety, Government

ISM Manufacturing Index Expands for Seventh Month

U.S. manufacturing activity expanded for a seventh straight month in February, the Institute for Supply Management said.

March 3, 2010
Business, Government, Safety

States Scrambling Following Transport Funding Shutdown

ARLINGTON, Va. — State transportation officials said the sudden shutdown of the federal highway program is putting them at risk of abandoning projects and cutting safety programs unless Congress reaches a deal to extend the now-lapsed reauthorization.

March 2, 2010