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.

Fuel, Business

Diesel Soars 22.6¢ to Record $4.723 a Gallon

Diesel fuel topped its recent big jumps in soaring 22.6 cents to an average $4.723 a gallon nationwide, for a third straight record high, the Department of Energy said Tuesday.

May 28, 2008
Business, Technology, Equipment, Safety

Williford to Lead Ryder’s Supply Chain Unit

Ryder System said Wednesday it appointed John Williford to serve in the newly created position of president of Ryder's global supply chain solutions unit.

May 28, 2008
Business, Government

Durable Goods Orders Fall 0.5%

Durable goods orders fell 0.5% in April, the Commerce Department said Wednesday.

May 28, 2008
Business, Safety

GAO Cites Port-Security Flaws

A Government Accountability Office report being released Tuesday shows gaps in a federal government port-security program, the Associated Press reported.

May 27, 2008
Business, Government

New ºÚÁϳԹÏÍø Sales Rise 3.3%

New home sales increased 3.3% in April, the Commerce Department said Tuesday.

May 27, 2008
Business, Safety, Government

Knight Boosts Dividend

Knight Transportation said Tuesday its board increased its quarterly dividend to 4 cents a share, from 3 cents.

May 27, 2008
Fuel, Business, Government

More Truckers Selling Their Rigs, Times Says

Thousands of U.S. truckers unable to make money because of rising fuel prices are selling their trucks, in what may be the biggest cut in the U.S. trucking fleet since trucking deregulation in 1980, the New York Times reported Tuesday.

May 27, 2008
Government, Business, Safety

British Truckers Jam London in Diesel Protest

Hundreds of trucks blocked traffic in central London Tuesday to protest soaring diesel prices there, the Associated Press reported.

May 27, 2008
Government, Business

Consumer Confidence Plunges to 16-Year Low

Consumer confidence fell to a 16-year low this month, the New York-based Conference Board said Tuesday.

May 27, 2008
Business, Safety, Government

Seat-Belt Use to Be Focus of CVSA’s Roadcheck Event

The use of safety belts by commercial drivers will be a major focus of the International Roadcheck 2008 event, safety officials said.

May 27, 2008