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 Freight Sets 5.9% Rate Hike

UPS Freight, the less-than-truckload unit of UPS Inc., said it will institute an average 5.9% general rate increase later this month.

October 1, 2010
BusinessFuel

Oil Closes Week Over $80 a Barrel

Oil finished the trading week over $80 a barrel, closing above that level for the first time in almost two months, Bloomberg reported.

October 1, 2010
GovernmentBusiness

ATA Backs Freight-Movement Bill

American Trucking Associations said it is backing legislation proposed by a California congresswoman aimed at improving freight movement throughout the country.

October 1, 2010
Business

Construction Spending Rises in August

Construction spending rose 0.4% in August, the Commerce Department said Friday.

October 1, 2010
Business

YRC Changes Ticker Symbol for Month

YRC Worldwide said Friday its ticker symbol has temporarily changed to 鈥漎RCWD,鈥 from 鈥淵RCW,鈥 a standard practice in conjunction with its reverse stock split.

October 1, 2010
Business

Consumer Spending Rises in August

Consumer personal spending rose 0.4% in August as incomes improved, the Commerce Department said Friday.

October 1, 2010
Business

Freight Forwarders Admit to Price Fixing

Six international freight forwarders have agreed to plead guilty and pay $50.3 million in fines in relation to a price-fixing investigation, federal officials said.

October 1, 2010
BusinessLogistics

Logistics and Supply Chain Certification Programs

Following is a list of major logistics and supply chain education programs and what they offer.

October 1, 2010
BusinessGovernmentLogistics

Consumer Confidence Falls in September

Consumer confidence declined in September, according to the latest Thomson Reuters/University of Michigan monthly consumer sentiment index released Friday.

October 1, 2010
GovernmentBusiness

NAFTA Surface Trade Rises 18.8% in July

Surface transportation trade among the United States, Canada and Mexico rose 18.8% in July from a year earlier, the Department of Transportation said.

September 30, 2010