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.

BusinessGovernment

Retail Sales Slip 0.3% in December

Retail sales fell 0.3% in December, though November’s sales were revised upward, the Commerce Department said Thursday.

January 14, 2010
BusinessGovernment

Business Inventories Rise 0.4%

Business inventories rose in November, the second consecutive increase, the Commerce Department said Thursday.

January 14, 2010
BusinessGovernment

Import Prices Unchanged in December

The price of goods imported to the United States did not change between November and December after four months of increases, the Labor Department said Thursday.

January 14, 2010
Business

Jobless Claims Rise 11,000 for Week

Initial jobless claims rose by 11,000 last week, the Labor Department said Thursday.

January 14, 2010
BusinessSafetyGovernment

Transport Activity Improving Slightly, Fed Says

The U.S. economy continued to improve modestly from mid-November to early January and conditions have improved for transportation, but economic activity remained low, the Federal Reserve said Wednesday.

January 13, 2010
BusinessSafetyGovernment

DOT Freight Index Slips in November

The Department of Transportation’s freight transportation services index for November fell 6.8% from a year ago but showed a slight increase from October.

January 13, 2010
BusinessGovernment

Cat Lift Trucks Adds Products For 2010

Cat Lift Trucks said that it has added five new electric counterbalanced and internal combustion pneumatic lift truck families to its current product lineup in the United States, Canada and Mexico.

January 13, 2010
Business

Navistar Picks New Vendor to Transport Vehicles

Navistar Inc. has shifted the vehicle delivery contract for its Springfield, Ohio, plant to Truck Movers.com after a contract with Auto Truck Transport, another haulaway carrier, expired, a Navistar spokesman said.

January 13, 2010
Business

ThermaFreeze Offers New Refrigerant

ThermaFreeze Products Corp., maker of patented dry gel refrigerant products for use in preserving food and other perishables, including in commercial transport, said it has begun distributing its products to major retailers.

January 13, 2010
BusinessEquipment

South Korean Firm to Supply Eaton With Battery Packs

South Korean chemicals producer LG Chem Ltd. agreed to supply lithium-ion battery packs to Eaton Corp., the U.S. maker of commercial vehicle parts, Bloomberg reported.

January 13, 2010