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.

BusinessEquipment

Daimler Sets Surcharges for 2010 Cummins Engines

Daimler Trucks North America said it will add a $9,000 surcharge to its 2010 trucks for customers who select independent manufacturer Cummins Inc.s 2010 heavy-duty engine.

September 3, 2009
BusinessSafetyGovernment

ISM Services Index Improves in August

The economys service sector showed improved activity in August, the Institute for Supply Management said Thursday.

September 3, 2009
Business

Initial Jobless Claims Fall for Week

Initial jobless claims declined 4,000 last week, the Labor Department said Thursday.

September 3, 2009
BusinessGovernment

July Factory Orders Rise 1.3%

Factory orders rose 1.3% in July, the fourth straight gain, the Commerce Department said.

September 2, 2009
GovernmentBusinessSafety

Second-Quarter Productivity Jumps 6.6%

U.S. workers productivity rose in the second at an annual rate of 6.4%, higher than previously reported, the Labor Department said Wednesday.

September 2, 2009
BusinessLogistics

Phoenix Group Gets Contract With H.E.B. Unit in Mexico

Logistics provider the Phoenix Group landed a construction logistics contract with the Mexican division of H.E.B. Grocery Co. of Houston that will more than double the size of its construction management division, Phoenix said.

September 2, 2009
Business

Opinion: LTLs: Get Back in the Box

Most carriers were ill-prepared to manage in the current recession, and much has been written lately about post-recession operation, a term that strikes me as limiting and defensive particularly in the case of less-than-truckload carriers.

September 2, 2009
BusinessFuel

Oil Rises Following DOE Inventory Report

Oil rose slightly Wednesday after falling to near $67 a barrel, following a Department of Energy report showed that inventories declined last week, Bloomberg reported.

September 2, 2009
BusinessSafetyGovernment

ISM Factory Index Shows Manufacturing Expansion

U.S. manufacturing showed expansion in August for the first time in more than a year and half, the Institute for Supply Management said Tuesday.

September 1, 2009
GovernmentBusiness

Construction Spending Falls 0.2% in July

U.S. construction spending slipped 0.2% in July, the Commerce Department said Tuesday.

September 1, 2009