U.S. intermodal traffic rose 6% for the week ended Saturday from a year ago, the Association of American Railroads said.
March 9, 2012Trucking 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.
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, 2012EEOC 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, 2012Diesel 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, 2012Oil 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, 2012Unemployment 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, 2012Wholesale Inventories Rise 0.4%
Wholesale inventories rose 0.4% in January, the Commerce Department said Friday.
March 9, 2012Trade 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, 2012YRC 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, 2012Delphi 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, 2012Trending
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