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, Government, Safety, Technology, Equipment

Postal Service, UPS Team Up to Make Online Returns Easier

UPS Inc. and the U.S. Postal Service have agreed to work together to make it easier for consumers to return goods purchased online, a move that more closely aligns the nation’s mail delivery system with the largest commercial package carrier.

February 16, 2009
Business

FMC Lets Calif. Ports Collect Fees on Containers to Fund Truck Retrofits

The Federal Maritime Commission said it will allow the Ports of Los Angeles and Long Beach, Calif., starting Feb. 18, to collect container fees that will help carriers fund the replacement of older trucks with less-polluting newer models.

February 13, 2009
Business, Safety

Rail, Intermodal Traffic Fall for Week

Rail and intermodal traffic fell for the week ended Saturday from a year ago, the Association of American Railroads said.

February 13, 2009
Business, Safety, Government

Opinion: Choosing Truck-Driving Instructors

Last January, our company launched an “instructor-of-the month” program. We began by inviting directors of truck-driver training programs to nominate individuals, and then we interviewed the winning instructors.

February 12, 2009
Business, Government

Consumer Confidence Index Declines

U.S. consumer confidence declined this month, according to the Reuters/University of Michigan’s final monthly consumer sentiment index released Thursday.

February 12, 2009
Business, Government

Retail Sales Rise 1% in January

Retail sales rose 1% in January, halting a six-month slide, the Commerce Department said Thursday.

February 12, 2009
Business

Jobless Claims Decline for Week

Initial jobless claims fell last week and continuing claims reached a new record the previous week, the Labor Department said Thursday.

February 12, 2009
Business, Government

Business Inventories See Largest Decline Since 2001

Business inventories fell 1.3% in December, the fourth consecutive month of decline and the largest drop since 2001, the Commerce Department said Thursday.

February 12, 2009
Business, Safety, Government, Logistics

Pacer Reports Loss for 4Q, Year

Transportation and third-party logistics firm Pacer International said late Wednesday it took a fourth-quarter loss of $65.1 million, or $1.87 a share, compared with a profit of $20.6 million, or 59 cents, a year earlier.

February 11, 2009
Business, Safety, Government

DOT Freight Transportation Index Falls 3%

The Department of Transportation’s freight transportation services index declined 3% in December from a year earlier, DOT said Wednesday.

February 11, 2009