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

Clark’s 3Q Income Falls

Freight forwarder Clark Holdings said that its income fell to $134,000, or 1 cent per share, in the third quarter, compared with $523,000, or 5 cents, a year ago.

November 19, 2009
Business

Navistar Names Steve Ostarello VP of Powertrain Unit

Navistar International Corp. Thursday appointed Steve Ostarello to be vice president of its powertrain product development unit.

November 19, 2009
Business

YRC to Close Ohio Terminal

YRC Worldwide will close its terminal in Richfield, Ohio, and move operations to its other facilities in northeastern Ohio, the Akron Beacon Journal reported.

November 19, 2009
Business, Government

Leading Economic Indicators Rise for Seventh Month

An index of leading economic indicators rose 0.3% in October, marking the seventh straight gain, the New York-based Conference Board said Thursday.

November 19, 2009
Business, Government

Philadelphia Factory Index Increases in November

Manufacturing levels in the Philadelphia expanded at a faster pace in November than in October, the Federal Reserve Bank of Philadelphia said Thursday.

November 19, 2009
Business

Initial Jobless Claims Unchanged for Week

Initial jobless claims held at a 10-month low last week, the Labor Department said Thursday.

November 19, 2009
Business, Safety

Volvo’s October Deliveries Drop; Orders Show Improvement

Volvo AB said Wednesday its North American deliveries fell 28% in October from a year ago, but said orders rose from September.

November 18, 2009
Government, Business

Senate Panels Seek Six-Month Highway Bill Extension

The leaders of several key committees have urged the Senate to take up a six-month extension of the federal highway program.

November 18, 2009
Business, Safety, Government, Logistics

Schneider to Provide Dedicated Service for Emerson Electric

Schneider National said it will take over the transportation operations of Emerson Electric Co., an appliances and electronics manufacturer.

November 18, 2009
Business, Government

October Consumer Price Index Rises 0.3%

The consumer price index rose 0.3% in October, the Labor Department said Wednesday.

November 18, 2009