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

Business Leaders More Optimistic on Sales Than Jobs

Two recent surveys have shown that chief executive officers, supply managers and small business leaders are optimistic that sales will increase next year, but they do not predict hiring to increase, Bloomberg reported.

December 9, 2009
BusinessGovernment

Wholesale Inventories Rise in October

Wholesale inventories rose in October for the first time in more than a year, the Commerce Department said Wednesday.

December 9, 2009
BusinessGovernment

High-Tech Scanners, Software Speed Sorting Times

Moving goods from warehouse shelves to trucks for delivery is a labor-intensive process. As a result, warehouse operators are using more high-tech scanners, robotic devices and new software to make the most of workers’ time.

December 9, 2009
GovernmentBusiness

Midwest Snow Storm Headed for Northeast

A large snow storm continued to dump snow across much of the Midwest Wednesday and will reach New York and New England Thursday, the Associated Press reported.

December 9, 2009
BusinessTechnologyLogistics

Greatwide Aims to Diversify with YRC’s Dedicated Assets

Greatwide Logistics’ purchase of YRC Worldwide Inc.’s U.S. dedicated contract carriage assets will expand and diversify its business into new geographical regions and markets, Chief Executive Officer Ray Greer said.

December 9, 2009
GovernmentBusinessSafety

HOS Work Under Way, FMCSA Official Says

WASHINGTON — A top regulator within the Federal Motor Carrier Safety Administration said the agency has begun its review of the truck driver hours-of-service rule and that it intends to complete its review by next July.

December 8, 2009
GovernmentBusiness

Pa. Gov. Rendell Optimistic About Tolling I-80

Pennsylvania Gov. Ed Rendell (D) told Transport Topics he believed the federal government would approve his state’s application to toll Interstate 80.

December 8, 2009
FuelBusinessGovernment

DOE Boosts 2010 Diesel Price Forecast by 2¢ to $2.96 a Gallon

Retail diesel fuel will average $2.96 a gallon next year, 2 cents higher than a previous forecast, the Department of Energy said.

December 8, 2009
BusinessLogistics

Obama Names NHTSA Nominee

The White House has nominated David Strickland, a congressional aide, to head the National Highway Traffic Safety Administration, the Associated Press reported.

December 8, 2009
GovernmentBusinessSafety

UPS Freight Expands Ontario Hours

UPS Inc. said that its less-than-truckload unit is expanding pickup and delivery hours for trucks based at its London, Ontario, facility.

December 8, 2009