Trucking Business News

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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.

GovernmentBusiness

January Sales of Used Class 8 Trucks Decline

Wholesale used Class 8 truck dealers have seen more of a drop-off in their business than retailers and auctioneers because of the difficulty of getting product, but the used truck market could get some relief from trade-ins resulting from burgeoning new truck sales, according to ACT Research Co. and some dealers.

March 12, 2012
BusinessAutonomous

EEOC Sues Celadon Over Disqualifying Drivers for Disabilities Found During Physical Exams

Celadon Trucking Services Inc.’s practice requiring pre-employment physical exams for drivers is the subject of a new lawsuit, in which the federal government said the exams violate a federal law prohibiting discrimination related to certain disabilities.

March 12, 2012
BusinessFuel

Diesel Gains 4.3¢ to $4.094 a Gallon

Retail diesel prices advanced an additional 4.3 cents a gallon to a national average of $4.094 last week, a level not seen in 10 months, the U.S. Department of Energy reported.

March 12, 2012
BusinessFuel

Oil Finishes Week Over $107 a Barrel

Oil rose for a third day, finishing the trading day over $107 a barrel for the first time in 10 days, Bloomberg reported.

March 9, 2012
Business

Unemployment Rate Holds at 8.3%; Trucking Adds 10,000 Jobs

The U.S. unemployment rate held at 8.3% in February, and trucking added more than 10,000 jobs, the Labor Department said Friday.

March 9, 2012
BusinessLogistics

Intermodal Traffic Rises 6% for Week

U.S. intermodal traffic rose 6% for the week ended Saturday from a year ago, the Association of American Railroads said.

March 9, 2012
Business

Wholesale Inventories Rise 0.4%

Wholesale inventories rose 0.4% in January, the Commerce Department said Friday.

March 9, 2012
BusinessFuelGovernment

Trade Gap Is Highest in More Than Three Years

The U.S. trade deficit widened in January to its highest level since October 2008, the Commerce Department said Friday.

March 9, 2012
Business

YRC Selling Stake in Chinese Firm

YRC Worldwide said late Thursday it is selling its stake in Chinese firm Shanghai Jiayu Logistics, its 35% joint-venture partner. Terms were not disclosed.

March 9, 2012
BusinessLogistics

Delphi Extends Logistics Contract With ProTrans

Third-party logistics provider ProTrans International Inc. said it was awarded a multi-year contract from heavy truck parts supplier Delphi Inc.

March 8, 2012