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, Government

Consumer Price Index Increases in September

The consumer price index rose 0.2% in September, the Labor Department said Thursday.

October 15, 2009
Business

Initial Jobless Claims Fall to Lowest Level Since January

Initial jobless claims fell to the lowest level since January, the Labor Department said Thursday.

October 15, 2009
Business, Safety, Government

Port of Oakland Eyes Jan. 1 Ban on Older Trucks

The Port of Oakland’s board of commissioners is expected to give final approval next week to a measure that would ban older trucks beginning Jan. 1.

October 15, 2009
Business, Technology, Equipment, Safety

Landstar’s Third-Quarter Profit Declines

Truckload carrier Landstar System said late Wednesday its third-quarter net income declined to $20.1 million, or 39 cents a share, from $32.8 million, or 62 cents, a year ago.

October 14, 2009
Business, Safety, Technology, Government, Logistics

Evans Network to Acquire Drayage, Brokerage Assets

The Evans Network of Companies said it will acquire some assets of Land Transportation and Phoenix Transit and Logistics.

October 14, 2009
Business, Government

Retail Sales Fall 1.5%; Improve Excluding Automobiles

Retail sales fell 1.5% in September, though improved excluding automobiles, the Commerce Department said Wednesday.

October 14, 2009
Business, Government

Import Prices Rise 0.1% in September

The price of goods imported to the United States edged up 0.1% in September, marking the fifth increase in six months, the Labor Department said Wednesday.

October 14, 2009
Business, Government

Business Inventories Fall in August

Business inventories fell 1.5% in August, the largest drop so far this year, the Commerce Department said Wednesday.

October 14, 2009
Business, Logistics

CSX’s Third-Quarter Profit Drops 23%

CSX Corp. said its third-quarter earnings fell 23% from the same period last year but the railroad said the worst of the recession is over, the Associated Press reported.

October 14, 2009
Fuel, Business, Logistics, Government

Diesel Rises 1.8¢ to $2.60 for First Gain in Six Weeks

Diesel fuel’s national average price rose for the first time in six weeks, gaining 1.8 cents to $2.60 a gallon, while gasoline increased for the first time in nine weeks, the Department of Energy said.

October 13, 2009