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

BNSF Reports 4Q Profit; Revenue Reaches Record

Burlington Northern Santa Fe Corp. said Tuesday its fourth-quarter profit dipped slightly but rose on a per-share basis, while its revenue reached a record.

January 29, 2008
Fuel, Business, Logistics, Government

Diesel Dips 1.1¢ to $3.259

The average national price of diesel fuel fell for a third straight week, dropping 1.1 cents to $3.259 a gallon, the Department of Energy said Monday.

January 29, 2008
Government, Business

Consumer Confidence Falls in January

Consumer confidence declined in January, the New York-based Conference Board said Tuesday.

January 29, 2008
Business

Paccar’s 4Q Income Falls

Heavy-duty truck maker Paccar Inc. said Tuesday its fourth-quarter profit fell to $261.1 million, or 71 cents per share, from $380.5 million, or $1.01 per share, a year earlier.

January 29, 2008
Business, Government

December Durable Goods Orders Jump 5.2%

Durable goods orders jumped 5.2% in December, the Commerce Department said Tuesday.

January 29, 2008
Business, Logistics

Canadian Pacific’s Fourth-Quarter Income Gains

Canadian Pacific Railway Ltd. said Tuesday its fourth-quarter net income rose to C$342.3 million, or C$2.21 per share, compared with C95 cents, in the previous fourth quarter.

January 29, 2008
Fuel, Business, Government, Autonomous

Corporate Express to Use Biodiesel Blend

Corporate Express US said Monday it is now fueling the majority of its 45-truck delivery fleets in Colorado and Kansas with a 20% blend of biodiesel fuel.

January 28, 2008
Government, Business, Safety, Autonomous

Trucks, Autos Facing Higher Tolls, Paper Says

Drivers around the country will see big hikes in toll fees this year for roads, bridges and tunnels, USA Today reported Monday.

January 28, 2008
Business

YRC Reports Fourth-Quarter Loss

YRC Worldwide Monday reported a fourth-quarter loss of $735.8 million, or $12.99 a share, as it took a charges on writing down its acquisitions.

January 28, 2008
Business, Government

New °®¶¹´«Ã½ Sales Drop for 2007 Is Lowest on Record

New home sales fell 4.7% in December, capping the biggest annual decline on record, the Commerce Department said Monday.

January 28, 2008