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, Safety, Government

ISM Services Index Improves in August

The economy鈥檚 service sector showed improved activity in August, the Institute for Supply Management said Thursday.

September 3, 2009
Business

Initial Jobless Claims Fall for Week

Initial jobless claims declined 4,000 last week, the Labor Department said Thursday.

September 3, 2009
Business, Government

July Factory Orders Rise 1.3%

Factory orders rose 1.3% in July, the fourth straight gain, the Commerce Department said.

September 2, 2009
Government, Business, Safety

Second-Quarter Productivity Jumps 6.6%

U.S. workers鈥 productivity rose in the second at an annual rate of 6.4%, higher than previously reported, the Labor Department said Wednesday.

September 2, 2009
Business, Logistics

Phoenix Group Gets Contract With H.E.B. Unit in Mexico

Logistics provider the Phoenix Group landed a construction logistics contract with the Mexican division of H.E.B. Grocery Co. of Houston that will more than double the size of its construction management division, Phoenix said.

September 2, 2009
Business

Opinion: LTLs: Get Back in the Box

Most carriers were ill-prepared to manage in the current recession, and much has been written lately about 鈥減ost-recession operation,鈥 a term that strikes me as limiting and defensive 鈥 particularly in the case of less-than-truckload carriers.

September 2, 2009
Business, Fuel

Oil Rises Following DOE Inventory Report

Oil rose slightly Wednesday after falling to near $67 a barrel, following a Department of Energy report showed that inventories declined last week, Bloomberg reported.

September 2, 2009
Business, Safety, Government

ISM Factory Index Shows Manufacturing Expansion

U.S. manufacturing showed expansion in August for the first time in more than a year and half, the Institute for Supply Management said Tuesday.

September 1, 2009
Government, Business

Construction Spending Falls 0.2% in July

U.S. construction spending slipped 0.2% in July, the Commerce Department said Tuesday.

September 1, 2009
Fuel, Business, Logistics, Government

Diesel Rises 0.6垄 to $2.674 in Sixth Straight Increase

Diesel fuel鈥檚 national average price rose slightly, gaining 0.6 cent to $2.674 a gallon, its sixth straight gain, the Department of Energy reported.

September 1, 2009