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, Autonomous

Dedicated Transport Buys Florida Carrier

Dedicated Transport, a private trucking company based in Cleveland, said it bought Baker’s Transport Service of Lakeland, Fla. Terms were not released.

March 16, 2007
Business

Industrial Production Jumps 1% in February

U.S. industrial production rose a full 1% in February, the most since November 2005, the Federal Reserve said Thursday.

March 16, 2007
Business, Fuel, Government

March Consumer Sentiment Index Declines

U.S. consumer confidence fell this month following fuel price increases and a hitch in the stock market, according to the University of Michigan’s monthly consumer sentiment index released Friday.

March 16, 2007
Business, Logistics

Wabash Reports Dip in 1Q Trailer Production

Trailer maker Wabash National Corp. said Friday its first-quarter sales will drop by about 1,000 units from the previous first quarter to about 10,800 trailers.

March 16, 2007
Business, Government

February Consumer Price Index Rises 0.4%

Consumer prices rose 0.4% in February, the Labor Department said Friday.

March 16, 2007
Business, Government, Safety, Fuel

Editorial: A Fuel-Price Gusher

A funny thing happened just as some fleets were discussing reducing their fuel surcharges: Prices went flying again. Since Jan. 26, after five straight weekly increases, the average retail price of diesel is $2.626 a gallon, and climbing.

March 16, 2007
Business

Meridian IQ Names John Carr President of Americas and Europe

YRC Worldwide subsidiary Meridian IQ said Thursday it named John Carr to the newly created position of president of the Americas and Europe regions.

March 15, 2007