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.

BusinessFuelGovernment

Diesel Fuel Up for Third Week To Highest Level Since Nov. ’08

The average price for retail diesel rose for a third straight week, this time by 4.3 cents to $2.904 a gallon, to the highest level since November 2008, the Department of Energy reported.

March 15, 2010
Business

Oil Closes Week Over $81 a Barrel

Oil finished the week over $81 a barrel near a two-month high, as investors speculated that inventories could decline next week, Bloomberg reported.

March 12, 2010
BusinessTechnologyEquipmentSafetyLogistics

System Logistics Establishes New Group

System Logistics Corp. said it has established a new group within its company dedicated to complex and large scale supply chain projects.

March 12, 2010
BusinessLogistics

Two ATA Councils to Hold Meetings in May

The Information Technology & Logistics Council and National Accounting & Finance Council will hold their annual meetings May 3-5 in Amelia Island, Fla.

March 12, 2010
BusinessGovernmentLogisticsAutonomous

Canada Delays Electronic Manifest Requirement

Canada has delayed its plan to require carriers with incoming shipments to submit manifest information electronically to the Canada Border Services Agency, the Canadian Trucking Alliance said.

March 12, 2010
BusinessSafetyGovernment

Trimac’s 4Q Income Falls

Canada-based transportation firm Trimac Income Fund earned C$1.2 million, or 2.3 cents per unit, in the fourth quarter, compared with C$3 million, or 10.9 cents, a year ago.

March 12, 2010
GovernmentBusinessSafety

I-70 Reopens in Colo. After Rock Slide; Speed Limit Reduced

Interstate 70 in Colorado has been opened one way in each direction after being closed since Monday by a rock slide, and speed limits through the area have been reduced to 40 mph, according to the Colorado Department of Transportation.

March 12, 2010
BusinessGovernment

Retail Sales Rise for Fourth Time in Five Months

Retail sales rose 0.3% in February, the fourth increase in four months, the Commerce Department said Friday.

March 12, 2010
BusinessGovernment

Consumer Confidence Index Declines

U.S. consumer confidence declined this month, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.

March 12, 2010
BusinessGovernment

Business Inventories Unchanged in January

Business inventories were unchanged in January, the Commerce Department said Friday.

March 12, 2010