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

House Approves Three-Month Highway Funding Extension

The House of Representatives this week approved a three-month extension of the federal highway funding law.

September 25, 2009
Business, Government

Durable Goods Orders Fall 2.4%

Durable goods orders dropped 2.4% in August, the worst performance since January, the Commerce Department said Friday.

September 25, 2009
Business, Government, Safety

Opinion: A Year of Changes and Challenges

The old saying, “Time flies,” fits my year as chairman of American Trucking Associations. I remember my phone ringing with the first call from Fred Burns to say I was nominated to vice chairman.

September 25, 2009
Business, Government

Oil Falls Below $66 a Barrel

Oil prices continued their recent slide, falling $3 Thursday to close below $66 a barrel, Bloomberg reported.

September 24, 2009
Government, Business, Safety

FMCSA Nominee Ferro Faces Questions in Confirmation Hearing

Anne Ferro, the Obama administration’s pick to head the Federal Motor Carrier Safety Administration, faced tough questioning in a Wednesday hearing from a key Senator over her trucking industry background, the Associated Press reported.

September 24, 2009
Business

Tolls Proposed for New Md. Highway

A toll road under construction in Maryland would cost trucks $36.85 to drive its entire length under a proposed toll schedule.

September 24, 2009
Business, Logistics

Existing ý Sales Decline for First Time in Four Months

Existing homes sales fell in August for the first time in four months, the National Association of Realtors said Thursday.

September 24, 2009
Business

Peterbilt Delivers Hybrid Truck to House of Representatives

Peterbilt Motors Co. said that it delivered the U.S. House of Representatives its first hybrid truck Wednesday.

September 24, 2009
Business

Initial Jobless Claims Fall for Week

Initial jobless claims fell by 21,000 last week to 530,000, the lowest level in two months, the Labor Department said Thursday.

September 24, 2009
Business, Fuel, Government

FedEx, DHL Express Boost Air Capacity

DHL Express and FedEx Express each said this week they have taken delivery of new, larger freight aircraft.

September 24, 2009