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

Jobless Claims Fall by 5,000

Initial jobless claims fell by 5,000 last week, the Labor Department said Thursday.

May 17, 2007
Business

Industrial Production Rises in April

Industrial production rose 0.7% in April, the Federal Reserve said Wednesday.

May 16, 2007
Business

Velocity Takes Fiscal 3Q Loss

Velocity Express said Tuesday it lost $13.3 million or 49 cents a share in its fiscal third quarter ended March 31, compared with a loss of $3.9 million or 23 cents a year ago.

May 16, 2007
BusinessSafetyGovernment

House Delays Mexican-Trucks Plan

The House voted overwhelmingly Tuesday to delay a Department of Transportation plan to allow Mexican trucks full access to U.S. highways, the Associated Press reported.

May 16, 2007
BusinessSafetyAutonomous

DHS Sets $11.6 Mln. for Highway Watch Program

The Department of ºÚÁϳԹÏÍøland Security said Thursday it has issued an $11.6 million grant to the Highway Watch program it sponsors jointly with American Trucking Associations.

May 16, 2007
BusinessLogistics

US 1 Industries’ Income Dips

Logistics firm US 1 Industries’ first-quarter income fell to $370,000 or 3 cents a share, from $695,000 or 6 cents a year ago.

May 16, 2007
BusinessAutonomous

TravelCenters Posts 1Q Loss

Truck stop chain TravelCenters of America reported a net loss for the two-month period from Feb. 1 through March 31, and for the first quarter.

May 16, 2007
BusinessFuelGovernmentSafety

Kitty Hawk Posts 1Q Loss

Air cargo transporter Kitty Hawk Inc. said it lost $11.6 million or 22 cents a share in the first quarter, compared with a loss of $8.7 million or 17 cents a year ago.

May 16, 2007