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

UPS Sees Higher Trucking Profits Ahead

UPS Inc. officials Thursday set ambitious financial targets based on profit growth of about 10% companywide, reiterated its adjusted 2011 earnings and said its trucking profits could double over the next three years.

September 15, 2011
Business

Volvo鈥檚 August North American Deliveries Rise 57%

Volvo AB鈥檚 North American truck sales rose 57% in聽August from a year ago to 3,096 units, the company said Thursday.

September 15, 2011
Business

Industrial Production Rises 0.2%

Industrial production increased for the fourth straight month, rising 0.2% in August,聽the Federal Reserve said Thursday.

September 15, 2011
BusinessGovernment

Consumer Price Index Rises 0.4% in August

The consumer price index rose 0.4% in August as food, energy and housing costs increased, the Labor Department said Thursday.

September 15, 2011
BusinessGovernment

N.Y. Manufacturing Index Contracts for Fourth Month

Manufacturing activity in the New York region contracted in September for the fourth straight month, the Federal Reserve Bank of New York said Thursday.

September 15, 2011
Business

Initial Jobless Claims Rise to Highest Level Since June

Initial jobless claims climbed by 11,000 last week to 428,000, the highest level in nearly three months, the Labor Department said Thursday.

September 15, 2011
BusinessLogistics

Jacobson Expands In Asia

Third-party logistics operator Jacobson Cos.聽is expanding in Asia through the acquisition of G-Link Express Logistics assets, the company announced.

September 15, 2011
BusinessLogistics

Inspiron Logistics Launches Fleet Notification System

Inspiron Logistics announced it has launched a new notification system that enables fleet managers to alert trucks and personnel about current weather impacts, route closures and time sensitive information with in-cab voice or text alerts.

September 15, 2011
Business

DOT Freight Transport Index Rises 3.8% in July

The Department of Transportation鈥檚 July freight transportation services index rose 3.8% from a year ago, DOT said Wednesday.

September 14, 2011
Business

UPS Sets 鈥楳y Choice鈥 Service to Boost Delivery Options

UPS Inc. said Wednesday it is launching a new service called 鈥淢y Choice,鈥 which aims to give consumers greater control over home delivery.

September 14, 2011