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.

BusinessGovernmentSafety

Bill to Offer Incentives to States That Ban Texting While Driving

WASHINGTON — Several senators introduced legislation last week that would offer incentives to states that ban texting while driving, an issue Transportation Secretary Ray LaHood said has become his cause.

November 2, 2009
BusinessGovernmentSafety

Congress Votes to Extend Transportation Funding

Both houses of Congress  on Oct. 29 approved a second continuing resolution that would continue to fund the nation’s surface transportation programs until mid-December.

November 2, 2009
BusinessSafetyGovernmentAutonomous

Truck Tonnage Dips in Sept., but Economy Shows Gains

The freight recovery paused in September as American Trucking Associations’ tonnage index dipped 0.3% from the month be-fore after recording larger gains in July and August.

November 2, 2009
BusinessGovernmentSafety

TWIC Running Smoothly at U.S. Ports Despite Initial Glitches, Officials Say

After several initial delays and glitches, freight hauling and government officials say the Transportation Worker Identification Credential program is moving along smoothly at U.S. ports, and they project additional security measures could be incorporated in coming years.

November 2, 2009
Business

YRC Trims Its 3Q Loss

YRC Worldwide lost $158.7 million, or $2.67 a share, in the third quarter, compared with a loss of $720.9 million, or $12.58, a year ago.

October 30, 2009
BusinessEquipment

Cummins’ Third-Quarter Profit Drops

Diesel engine maker Cummins Inc. said Friday its third-quarter profit fell 59% due to sharply lower demand for its engines and other products.

October 30, 2009
BusinessGovernment

Consumer Confidence Declines in October

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

October 30, 2009
BusinessSafetyGovernment

Chicago Manufacturing Index Improves

Manufacturing activity in the Chicago region showed expansion in October, the Institute for Supply Chain Management-Chicago said Friday.

October 30, 2009
BusinessSafety

Intermodal Traffic Drops for Week

U.S. intermodal rail traffic fell 10.1% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.

October 30, 2009
BusinessGovernment

Personal Spending Falls in September

Consumer personal spending dropped in September for the first time in five months, the Commerce Department said Friday.

October 30, 2009