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

N.J. Lawmakers Want Delay on Toll Hikes

Sen. Frank Lautenberg and three fellow Democrats from the New Jersey federal congressional delegation have asked the Port Authority of New York and New Jersey to delay scheduled toll increases, the Newark (N.J.) Star-Ledger reported.

April 30, 2012
Business

YRC Lenders Back Agreement Changes

YRC Worldwide said Monday it has amended its July 2011 agreement with lenders to set new financial performance targets over the next two years, including a lowered profitability requirement.

April 30, 2012
Business

Chicago Manufacturing Activity Slows

Manufacturing activity in the Chicago area slowed in April, but showed continued expansion, the Institute for Supply Management-Chicago said Monday.

April 30, 2012
Business

Personal Spending Rises in March

Consumer personal spending rose 0.3% in March as incomes increased, the Commerce Department said Monday.

April 30, 2012
BusinessFuel

Oil Trades Near Four-Week High $105 a Barrel

Oil traded near a four-week high just below $105 a barrel early Monday, on signs of economic recovery in Asia, Bloomberg reported.

April 30, 2012
Business

Oshkosh’s Income Slips; Sales Rise

Specialty truck maker Oshkosh Corp.’s earnings slipped for its fiscal second quarter, but sales rose.

April 30, 2012
BusinessGovernmentSafetyAutonomous

Plug-In Power Added at Midwest Truck Stops

Truck stop electrification vendor Shorepower Technologies said its plug-in power service is now available at three new locations in Nebraska and Iowa.

April 30, 2012
EditorialBusiness

Editorial: Stay the Course

Last week, the Federal Reserve, which has been keeping interest rates at rock bottom, agreed to continue holding short-term rates near zero for the next couple of years.

April 30, 2012
PerspectiveBusinessGovernmentSafety

Opinion: Just Who Is Qualifying Whom?

Carriers have many reasons for maintaining good scores on the new Compliance, Safety, Accountability program introduced by the Federal Motor Carrier Safety Administration.

April 30, 2012
Business

Ferro Says FMCSA Is Determined to Weed Out Bad Drivers, Carriers

BELLEVUE, Wash. — The Federal Motor Carrier Safety Administration is continuing to develop new tools to weed out bad drivers and motor carriers, the nation’s top trucking regulator told a group of law enforcement officials and inspectors meeting here.

April 30, 2012