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 Rises 1.2¢ to $2.943 a Gallon

The average cost of a gallon of diesel fuel in the United States rose 1.2 cents last week to $2.943 a gallon, the first increase in five weeks, the Department of Energy reported.

September 20, 2010
Business

ATA Files Appeal in L.A. Port ‘Clean Trucks’ Case

Attorneys for American Trucking Associations have filed formal notice that they are appealing a federal judge’s ruling late last month that the Port of Los Angeles’ employee-only concession clean trucks plan is legal.

September 17, 2010
Business

Dynamex’s Fiscal 4Q Profit Improves

Logistics and delivery firm Dynamex Inc.’s fiscal fourth-quarter profit grew to $2.8 million, or 28 cents a share, from $1.8 million, or 18 cents, a year ago.

September 17, 2010
BusinessLogistics

Appeals Court Blocks Emissions Limits on Idling Trains

Air quality agencies tasked with reducing pollution in Southern California cannot impose emissions limits on idling trains, a federal appeals court ruled.

September 17, 2010
BusinessGovernment

Consumer Confidence Drops in September

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

September 17, 2010
BusinessLogistics

Intermodal Traffic Improves in Holiday Week

Intermodal traffic rose 18.1% last week from a year earlier, the Association of American Railroads said.

September 17, 2010
Business

FedEx’s 1Q Income Jumps; Company Will Combine Freight, LTL Units In January

FedEx Corp.’s first-quarter earnings more than doubled and the company said it will combine its freight and less-than-truckload units in January.

September 16, 2010
Business

UPS Sets New Ocean Service from Asia

UPS Inc. has launched a new ocean shipping service from Asia to the United for less-than-container loads it said will be 20% faster.

September 16, 2010
BusinessGovernment

Philadelphia Manufacturing Index Shrinks

Manufacturing levels in the Philadelphia region showed contraction for the second consecutive month, the Federal Reserve Bank of Philadelphia said Thursday.

September 16, 2010
Business

New Jobless Claims Fall for Week

Initial jobless claims dropped by 3,000 last week to the lowest level in two months, the Labor Department said Thursday.

September 16, 2010