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

Business Inventories, Sales Increase

Business inventories rose 0.4% in April, following a 0.7% gain the previous month, the Commerce Department said Friday.

June 11, 2010
Business

Retail Sales Slip in May

Retail sales fell 1.2% in May, the biggest decline since September, the Commerce Department said Friday.

June 11, 2010
Business

Three-Day Roadcheck 2010 Wraps Up Thursday

The three-day Roadcheck 2010 event wrapped up Thursday, with more than 2,000 checkpoints set up on roads and highways across North America to monitor truck safety compliance.

June 10, 2010
Business

Trade Deficit Widens in April

The U.S. trade deficit widened in April to the highest level in more than a year as exports declined, the Commerce Department said Thursday.

June 10, 2010
Business

Initial Jobless Claims Decline for Week

Initial jobless claims dropped by 3,000 last week, the Labor Department said Thursday.

June 10, 2010
GovernmentBusiness

Fed ‘Beige Book’ Shows Improved Transport Activity

Trucking and rail activity increased in April and May, with freight traffic and materials shipments improving in several regions, the Federal Reserve said Wednesday.

June 9, 2010
Business

Navistar’s 2Q Income More Than Doubles

Navistar International Corp. said Wednesday its fiscal second-quarter profit more than doubled, on higher truck and engine sales.

June 9, 2010
Business

DOT Freight Transport Index Improves

The Department of Transportation’s freight transportation services index rose 4.8% in April from a year ago, marking the second consecutive increase.

June 9, 2010
Business

Wholesale Inventories Rise in April

Wholesale inventories rose 0.4% in March, the Commerce Department said Wednesday.

June 9, 2010
FuelBusiness

DOE Lowers 2010 Diesel Forecast to Below $3 a Gallon

The Department of Energy said diesel will average under $3 a gallon this year, lowering last month’s forecast by about a dime.

June 8, 2010