Trucking 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.
Con-way Lowers Fourth-Quarter Guidance
Transportation firm Con-way Inc. late Wednesday lowered its fourth-quarter 2006 earnings guidance due to a projected tonnage decline.
January 4, 2007TransForce Completes Acqusition of Trucking Firm Westfreight
Canadian transportation firm TransForce Income Fund said Thursday it completed its acquisition of Westfreight Systems and Westfreight Holdings (U.S.A.). Terms were not disclosed.
January 4, 2007Goodyear to End Tire Production at Quebec Plant
Goodyear Tire & Rubber Co. said Thursday it will end tire production at its facility in Valleyfield, Quebec, Canada, and convert the facility to a mixing plant.
January 4, 2007DHS Issues ‘TWIC’ Credentialing Rule for Port Workers
The Department of ºÚÁϳԹÏÍøland Security Wednesday issued its final rule under its Transportation Worker Identification Credential program for port security.
January 4, 2007ISM Services Index Falls in December
The economy’s service sector growth rate fell in December following two increases, the Institute for Supply Management reported Thursday.
January 4, 2007Factory Orders Rise 0.9% in November
Factory orders rose 0.9% in November, the Commerce Department reported Thursday.
January 4, 2007Navistar Announces Five-Year, $1.3 Billion Loan
Navistar International Corp. said Thursday it has received a commitment for a five-year $1.3 billion loan.
January 4, 2007New Unemployment Claims Jump 10,000 for Week
First-time U.S. jobless claims jumped 10,000 last week to 329,000, the Labor Department said Thursday.
January 4, 2007Fed Minutes Cite Continued Inflation Concern
Federal Reserve officials said inflation was a top concern at their Dec. 12 meeting, according to minutes of the Fed’s Dec. 12 meeting released Wednesday.
January 3, 2007ISM Manufacturing Index Rebounds from Contraction
The Institute for Supply Management said Wednesday its manufacturing index for December rose to 51.4 from a 49.5 reading, which had been the first contraction in more than three years.
January 3, 2007Trending
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