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

UPS Sets Middle East Joint Venture

June 26, 2009
Business, Government

Personal Spending Rises 0.3% in May

Consumer personal spending rose 0.3% in May, the Commerce Department said Friday.

June 26, 2009
Government, Business, Safety

Roadcheck 2009 Results Show Improvement, CVSA Says

Roadcheck 2009 inspections showed significant declines in vehicle and driver out-of-service rates as well as safety belt violations, the Commercial Vehicle Safety Alliance said Thursday.

June 25, 2009
Business, Logistics

YRC, Teamsters Set to Begin Negotiations

YRC Worldwide and the Teamsters union said they will soon begin discussions to modify terms of the union’s labor agreement for YRC employees covered under the National Master Freight Agreement.

June 25, 2009
Business, Government, Logistics

Canadian Trucking Lost 3,300 Jobs in April

The Canadian trucking industry lost 3,300 jobs in April, making it the third-worst industry in the country for that month, Statistics Canada reported.

June 25, 2009
Business, Government

First-Quarter GDP Revised to 5.5% Contraction

The U.S. economy contracted at an annual rate of 5.5% in the first quarter, a better reading than two previous estimates, the Commerce Department said Thursday.

June 25, 2009
Business

Jobless Claims Rise for Week

Initial jobless claims rose by 15,000 last week, the Labor Department said Thursday.

June 25, 2009
Business

Fed Keeps Record Low Interest Rate

The Federal Reserve voted Wednesday to keep a key U.S. interest rate at a record low “target range” of zero to 0.25%.

June 24, 2009
Business, Safety, Government

DOT Releases $140 Million for Transport Projects

The Department of Transportation said it has released about $140 million in federal aid this week to assist 249 transportation improvement projects around the country.

June 24, 2009
Business, Government, Technology, Equipment, Safety, Logistics

Ryder Earns 3PL Cross-Border Security Certification

Ryder System said it has been certified as a third-party logistics provider in the Custom-Trade Partnership Against Terrorism program, an initiative that seeks to promote supply chain security and reduce border vulnerabilities.

June 24, 2009