Trucking Business News

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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

January Import Prices Rise 1.7%

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

February 15, 2008
Business

Deutsche Post CEO to Resign in Tax Scandal

Deutsche Post AG Chief Executive Officer Klaus Zumwinkel will step down from the position he has held for 18 years after German prosecutors announced he was under investigation for tax evasion, Bloomberg reported Friday.

February 15, 2008
Business, Equipment

International Introduces LoneStar Class 8 Truck

Navistar International Corp. introduced its new LoneStar heavy-duty truck at last week’s Chicago Auto show, which it said has improved ergonomics, enhanced suspension, advanced electronics and a quiet cab.

February 14, 2008
Business, Safety

Rail Traffic Gains, Intermodal Declines for Week

Rail carload traffic edged up but intermodal fell for week ended Saturday compared with a year ago, the Association of American Railroads said.

February 14, 2008
Business, Safety

Daimler Posts Profit; N. American Truck Sales Drop

Daimler AG said Thursday it posted a fourth-quarter profit of $2.5 billion compared with a loss of about $17.5 million a year ago.

February 14, 2008
Business

Two Trucking Firms Project Lower Results

Two trucking firms forecast difficult quarters for their upcoming earnings statements.

February 14, 2008
Business, Equipment

Goodyear Reports Fourth-Quarter Profit

Goodyear Tire & Rubber Co. said Thursday it earned $52 million, or 23 cents a share, in the fourth quarter, compared with a loss of $358 million, or $2.02 per share, a year earlier.

February 14, 2008
Business, Government

N.J. Tolls Plan Could Cut Trucking, Warehouse Business

Trucking companies and warehouses in New Jersey that are bracing for higher tolls may exit the state altogether to avoid what could be 800% increases in toll costs by 2020, the New York Times reported Thursday.

February 14, 2008
Business

Jobless Claims Drop by 9,000 for Week

Initial jobless claims fell by 9,000 for the week ended Saturday, the Labor Department said Thursday.

February 14, 2008
Business, Safety, Government

TTNews to Close Monday for Holiday

Transport Topics Online will be closed Monday for the Presidents’ Day holiday. Please check back on Tuesday, Feb. 17, for the latest trucking and freight transportation news.

February 13, 2008