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.

BusinessGovernment

Housing Starts Climb in January

Housing starts rose 2.8% in January while building permits fell 4.9%, the Commerce Department said Wednesday.

February 17, 2010
BusinessLogisticsFuelGovernment

Diesel Price Drops for Fifth Straight Week

Diesel’s national average price fell 1.3 cents to $2.756 a gallon, the fifth consecutive decline, the Department of Energy said Tuesday.

February 16, 2010
BusinessSafetyGovernment

iTECH: Virtual Dispatcher May Be Virtually Ready

In the trucking dispatch room of the future, the only sound is of cooling fans whirring inside computer casings.  Gone are the cubicles that once honeycombed the floor, as are the chattering dispatchers who once staffed them.

February 16, 2010
GovernmentBusinessFuel

Legal Foundation Files Climate Change Lawsuit Against EPA

A group including motor carriers, businesses, several members of Congress and a conservative public interest legal foundation has filed a lawsuit in federal appeals court challenging the U.S. Environmental Protection Agency’s formal finding that greenhouse gas emissions are a danger to public health.

February 16, 2010
GovernmentBusiness

Broadway Closed Permanently in New York City

NEW YORK – After a trial run that began last spring, a section of Broadway in New York City will remain permanently closed to traffic.

February 16, 2010
FuelBusinessGovernment

New Trucking Index Drops in January after December Growth

A new economic index based on diesel fuel purchasing in the trucking industry fell in January after an increase in December, the index’s authors said.

February 16, 2010
BusinessSafetyGovernmentTechnologyEquipment

Ruan Transportation Founder Dies

John Ruan, founder of Ruan Transportation Management Systems, died Saturday, the company said. He was 96.

February 16, 2010
BusinessGovernment

New York Manufacturing Index Rises

Manufacturing activity in the New York region grew this month at the fastest pace in four months, the Federal Reserve Bank of New York said Tuesday.

February 16, 2010
Business

Wright Express Sees 4Q Profit Drop

Wright Express Corp. said that its fourth-quarter profit fell to $12.1 million, or 31 cents per share, compared with $65.2 million, or $1.66, a year ago.

February 16, 2010
EditorialBusinessGovernment

Snow, Snow and More Snow

The mid-Atlantic region is the latest area to be reminded of Mother Nature’s capriciousness and unrelenting fury, as a seemingly endless string of major snowstorms has dumped record amounts from Virginia to New Jersey.

February 15, 2010