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.

BusinessFuel

Diesel Fuel Price Falls 6.4¢ to Below $4 a Gallon

The average cost of a gallon of retail diesel fell 6.4 cents to $3.997 a gallon last week, the largest weekly drop in a year, the Department of Energy reported.

May 30, 2011
BusinessSafetyGovernmentAutonomous

TTNews.com to Be Closed Monday for Memorial Day

Transport Topics Online will be closed Monday for the Memorial Day holiday. Please check back on Tuesday, May 31, for the latest trucking and freight transportation news.

May 27, 2011
Business

FMCSA to Issue HOS Rule by Oct. 28

The Federal Motor Carrier Safety Administration will publish its revised hours-of-service rule by Oct. 28, not the July 26 deadline previously set by a court, the agency said in a court filing.

May 27, 2011
Business

Consumer Confidence Remains in Upswing

Consumer confidence continues to improve in May, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

May 27, 2011
Business

Personal Spending Grows 0.4% in April

Consumer personal spending rose 0.4% in April, the Commerce Department said Friday.

May 27, 2011
Business

CLX Medical Adds Flatbed, Step Deck Service

Austin, Texas, motor carrier and logistics service CLX Medical has begun offering flatbed and step deck trucking logistics from its trucking division in McAlester, Okla.

May 27, 2011
BusinessLogistics

Intermodal Traffic Rises 8.7% for Week

Intermodal traffic rose 8.7% last week from a year ago, the Association of American Railroads reported.

May 27, 2011
Business

CSC Wins 3-Year Postal Repair Contract

Computer Sciences Corp. announced it has won a $42 million, three-year contract from the U.S. Postal Service to repair mail containers, trays and sacks at a postal facility near Los Angeles.

May 27, 2011
Business

Iteris’ Fiscal 4Q Income Slips

Iteris Inc., which makes lane-departure warning systems for the trucking industry, said its fiscal fourth-quarter earnings fell from a year ago, but turned around a loss in the previous quarter.

May 26, 2011
BusinessFuel

Oil Falls, but Holds Over $100 a Barrel

Oil fell more than $1 Thursday but remained over $100 a barrel for a second day, Bloomberg reported.

May 26, 2011