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 Average Rises to $3.074 in Third Straight Gain

The average price of retail diesel in the United States rose a half-cent last week to $3.074 a gallon, the Department of Energy reported, slowing a two-month run-up that has sent diesel over $3 for the first time since November 2008.

April 26, 2010
Business

Daimler Trucks in Labor Pact With Workers at Three N.C. Truck Plants

Daimler Trucks North America won a new series of three-year labor contracts covering three North Carolina truck plants making heavy- and medium-duty Freightliners and parts for the trucks.

April 26, 2010
Business

Navistar Withdraws CARB Lawsuit Over SCR Technology

Navistar International Corp. has withdrawn a lawsuit that it had filed against the California Air Resources Board, following an agreement with CARB that addressed the engine-related issues that prompted its original court action.

April 23, 2010
Business

Volvo’s Truck Unit Swings to First-Quarter Profit

Volvo AB said Friday its truck unit was profitable in the first quarter compared with a year ago, as North American sales rose 6%.

April 23, 2010
Business

Arkansas Best’s First-Quarter Loss Widens

Arkansas Best Corp. said Friday it lost $21.4 million, or 85 cents a share, in the first quarter, compared with a loss of $18.2 million, or 73 cents, a year ago.

April 23, 2010
Business

New ϳԹ Sales Climb by Most Since 1963

New home sales grew in March by the most since April 1963, the Commerce Department said Friday.

April 23, 2010
Business

Durable Goods Orders Fall

Durable goods orders fell in March while orders excluding transportation equipment rose, the Commerce Department said Friday.

April 23, 2010
Business

Existing ϳԹ Sales Rise for First Time in Four Months

Existing home sales rose in March for the first time in four months, the National Association of Realtors said.

April 23, 2010
BusinessGovernmentAutonomous

Opinion: Mich. Lawmakers, a New Bridge Crossing

The future of the new, publicly owned bridge at Windsor-Detroit rests with the Michigan Legislature. By June 1, we will know whether the Detroit River International Crossing — or the Gordie Howe Bridge as I call it — will be built, or whether it will be shelved and, perhaps never constructed, or at least not in the lifetime of most of us. 

April 23, 2010
BusinessSafetyAutonomous

ATA Seeks Mike Russell ‘Good Stuff’ Award Nominations

American Trucking Associations is accepting nominations for the annual Mike Russell “Good stuff” Trucking Image Award.

April 22, 2010