Trucking 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.
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, 2008Deutsche 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, 2008International 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, 2008Rail 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, 2008Daimler 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, 2008Two Trucking Firms Project Lower Results
Two trucking firms forecast difficult quarters for their upcoming earnings statements.
February 14, 2008Goodyear 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, 2008N.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, 2008Jobless 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, 2008TTNews 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.
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