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.

BusinessLogistics

AutoInfo’s Earnings Improve

Third-party logistics provider AutoInfo said its first-quarter earnings rose to $425,000, or 1 cent a share, from $219,000, or 1 cent, last year.

May 21, 2010
BusinessSafetyGovernment

Wal-Mart Seeks More Control of Its Transportation

Wal-Mart Stores is seeking to take over its U.S. transportation services from suppliers in an effort to reduce the cost of hauling goods, Bloomberg reported Friday.

May 21, 2010
BusinessLogistics

Ceva Logistics Reports Higher Earnings

Third-party logistics provider Ceva Logistics reported an increase in first-quarter revenue compared with the same time in 2009.

May 21, 2010
Business

Iteris’ Income Drops in Fiscal 4Q

Iteris Inc., which makes lane-departure warning systems for the trucking industry, said its fiscal fourth-quarter profit fell from a year ago.

May 21, 2010
BusinessLogistics

Intermodal Traffic Rises for Week

Intermodal rail traffic continued to rise last week to its highest level since fall 2008, the Association of American Railroads said.

May 21, 2010
Business

Officials Warn of Big Weekend Backups on D.C. Beltway

Officials are urging motorists to avoid the Washington, D.C., area Capital Beltway this weekend near the new Wilson Bridge in Virginia, warning that traffic will be reduced to a single lane and could back up traffic for 10 to 15 miles.

May 21, 2010
BusinessSafety

FMCSA Grants Boston 45-Day Extension on Hazmat Rule

Federal officials have granted Boston a 45-day extension to keep restrictions in place on where trucks carrying hazardous materials can travel in the city.

May 20, 2010
GovernmentBusinessSafety

ATRI Releases HOS Safety Analysis

The American Transportation Research Institute released an analysis that found that the majority of commercial vehicle crashes occur during the first eight hours of driving.

May 20, 2010
GovernmentBusiness

Leading Economic Indicators Decline

An index of leading economic indicators dipped 0.1% in April, the New York-based Conference Board said Thursday.

May 20, 2010
BusinessEquipment

Philadelphia Factory Index Improves

Manufacturing levels in the Philadelphia region expanded in May, the Federal Reserve Bank of Philadelphia said Thursday.

May 20, 2010