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

YRC, Teamsters Discuss Cost Reduction Plan

YRC Worldwide and Teamsters union met last week to talk about cost reductions intended to help the largest less-than-truckload carrier lower its expenses and return to profitability.

July 6, 2009
Business, Safety, Government

TTNews to Close Friday for July 4th Holiday

Transport Topics Online will be closed Friday for the Independence Day holiday. Please check back Monday, July 6, for the latest trucking and freight transportation news.

July 2, 2009
Business, Safety, Government, Autonomous

TTNews to Close Monday for July 4th Holiday

Transport Topics Online will be closed on Monday, July 5, for the Independence Day holiday. Please check back on Tuesday, July 6, for the latest trucking and freight transportation news.

July 2, 2009
Business, Safety, Logistics

Truck Traffic Deaths Decline 12%, NHTSA Says

The number of Americans killed in truck-related crashes fell 12% in 2008 to 4,229, the National Highway Traffic Safety Administration said.

July 2, 2009
Business, Safety, Government, Logistics

Amerijet Acquires Nations Express

Transportation and logistics firm Amerijet International said it will acquire a majority interest in Nations Express.

July 2, 2009
Business, Government

Factory Orders Rise in May

U.S. factory orders rose in May for the third time in four months, the Commerce Department said Thursday.

July 2, 2009
Business, Safety, Government, Technology, Equipment

Landstar Buys Two Supply Chain Companies

Landstar System said it has purchased two Michigan-based supply chain transportation firms that focus on transportation technology systems.

July 2, 2009
Business

Unemployment Rate Rises to 9.5%

The U.S. unemployment rate rose to 9.5% in June from 9.4% in May, the Labor Department said Thursday.

July 2, 2009
Business

Jobless Claims Fell Last Week

Initial jobless claims fell by 16,000 last week, the Labor Department said Thursday.

July 2, 2009
Business, Safety, Government

Opinion: Consider GAAP Financial Statements

Finding quality financing for trucks and trailers recently has become more difficult for many trucking companies. The market has changed. Since last autumn, several transportation lenders have exited the business either permanently or temporarily, in large part because of losses and a lack of liquidity.

July 2, 2009