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

Business Inventories Gain 0.7%

Business inventories rose 0.7% in May, the Commerce Department said Wednesday.

August 13, 2008
BusinessSafetyGovernmentLogistics

Mullen’s 2Q Income Improves

Canadian transportation firm Mullen Group Income Fund’s second-quarter profit rose to C$19.9 million, or 25 cents a unit, from C$16.6 million, or 21 cents, a year ago.

August 13, 2008
BusinessGovernment

Import Prices Rise 1.7% in June

The price of goods imported to the United States rose 1.7% in July, the Labor Department said Wednesday.

August 13, 2008
FuelBusiness

Diesel to Average $4.18 This Year, DOE Says

Diesel fuel will average $4.18 a gallon this year and $4.27 in 2009, the Department of Energy said Tuesday.

August 12, 2008
BusinessLogistics

US1 Industries Reports Lower 2Q Profit

Logistics firm US1 Industries said its second-quarter net income slipped to $813,000, or 6 cents a share, from $1.1 million, or 9 cents, a year ago.

August 12, 2008
BusinessTechnology

NYC Plans to Track Vehicles Entering City

New York City is developing a plan to track every vehicle that enters Manhattan to help guard against potential terrorist attacks, the New York Times reported Tuesday.

August 12, 2008
Business

TravelCenters of America Reports 2Q Loss

Truck stop chain TravelCenters of America lost $9.7 million, or 69 cents per share, in the second quarter, compared with a loss of $6.3 million, or 72 cents, a year ago.

August 12, 2008
FuelBusinessLogisticsGovernment

Diesel Plunges 14.9¢ to $4.353

Diesel fuel’s national average pump price continued to slide Monday, falling 14.9 cents to $4.353 a gallon, the Energy Department said.

August 12, 2008
BusinessSafetyGovernment

TSA Reinstates Company Running Clear Program for Registered Travelers

A week after suspending a traveler ID-check program, the Transportation Security Administration has reinstated Verified Identity Pass, the operator of the Clear program, and and said it may resume its Registered Traveler enrollment immediately.

August 12, 2008
Business

JDA Software Buys i2 Technologies

JDA Software Group said Monday it will acquire supply chain management firm i2 Technologies for $346 million.

August 11, 2008