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.

BusinessFuel

Diesel Declines 3.3¢ to $3.931; U.S. Exports of Fuel Grow

U.S. diesel prices declined for a second straight week, while gasoline declined for a third consecutive week, according to the Department of Energy.

December 12, 2011
BusinessLogistics

Intermodal Traffic Rises 3.5% for Week

U.S. intermodal traffic rose 3.5% for the week ended Saturday from a year ago, the Association of American Railroads reported.

December 9, 2011
Business

Senate Panel to Hear Transportation Bills

The Senate Commerce Committee has set Dec. 14 to hear three bills introduced this week as part of the two-year transportation reauthorization package moving through the Senate.

December 9, 2011
BusinessGovernmentLogistics

Consumer Confidence Improves

Consumer confidence rose this month to a six-month high, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

December 9, 2011
BusinessFuelGovernment

U.S. Trade Deficit Narrows in October

The U.S. trade deficit narrowed by 1.6% in October, shrinking to its lowest level of the year, the Commerce Department said Friday.

December 9, 2011
BusinessLogistics

C.H. Robinson Boosts Quarterly Dividend

C.H. Robinson Worldwide announced late Thursday that its board has declared an increase to its regular quarterly cash dividend.

December 8, 2011
Business

Highway Fatalities Fall to Record Low; Truck-Related Deaths Rise

U.S. highway deaths fell to the lowest level in 2010 since 1949, but truck-related fatalities rose for the first time since 2005, the Department of Transportation said Thursday.

December 8, 2011
Business

Ford to Offer Gasoline Option on Super Duty Model

DEARBORN, Mich. — Ford Motor Co. officials said the company will offer gasoline-powered versions of their Super Duty F-650 trucks in a bid to undercut the cost of competing diesel models offered by Ford and its competitors.

December 8, 2011
BusinessLogistics

Echo Global Logistics Buys Intermodal Company

Echo Global Logistics has announced its acquisition of Trailer Transport Systems, an intermodal marketing company, to enhance Echo’s truck/rail service offerings.

December 8, 2011
Business

Wholesale Inventories Rise in October

Wholesale inventories climbed 1.6% in October, the largest increase in five months, the Commerce Department said Thursday.

December 8, 2011