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, Logistics

Wabash Sees 1Q Income Drop

Trailer maker Wabash National Corp. reported first-quarter net income of $1 million or 3 cents a share, down from $4.3 million or 13 cents a year earlier.

May 1, 2007
Government, Business, Safety, Logistics

Contrans’ 1Q Income Dips

Canadian firm Contrans Income Fund’s first-quarter income dropped to C$8.1 million or 28 cents a unit, from C$9.7 million or 34 cents a year ago.

May 1, 2007
Business, Safety, Government

Calif. Crash Could Stall Port Traffic

A fiery explosion from a gasoline tanker crash in Oakland, Calif., over the weekend shut down parts of a major freeway and will pose transport problems for freight coming out of the busy Port of Oakland, news reports said.

April 30, 2007
Government, Business

March Construction Spending Rises 0.2%

Construction spending rose 0.2% in March, the second straight monthly increase, the Commerce Department said Monday.

April 30, 2007
Government, Business, Safety

Technology Briefs — April 24 - April 30

April 30, 2007
Business, Equipment

Accuride Takes 1Q Loss

Commercial vehicle component maker Accuride Corp. said Monday it lost $1.9 million or 5 cents a share in the first quarter, compared with a profit of $20 million or 58 cents a year ago.

April 30, 2007
Business, Logistics

Chicago Manufacturing Activity Slows

A gauge of Chicago manufacturing activity fell in April, the National Association of Purchasing Management said Monday.

April 30, 2007
Business, Government, Autonomous

Dongfeng’s 1Q Profit Jumps 24%

Dongfeng Automobile Co. said its profit increased for a third straight quarter, rising 24% as China's surging economy boosted demand for trucks and other commercial vehicles, Bloomberg reported.

April 30, 2007