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

Officials Postpone Weekend Closures on Capital Beltway

Bad weather in the forecast has delayed closure of parts of Interstate 95/495 near Washington, D.C., that had been scheduled for this weekend, the Maryland State Highway Administration said.

April 2, 2008
BusinessLogistics

Pacer, BNSF Expand Intermodal Service

Pacer International said it has expanded intermodal services between its Pacer Stacktrain unit and BNSF Railway Co., which will allow it to begin full service on BNSF’s network.

April 2, 2008
Business

Morgan Stanley Downgrades Daimler, Boosts Volvo’s Outlook

Financial firm Morgan Stanley downgraded Germany-based truck maker Daimler AG, and upgraded Sweden-based truck maker Volvo AB, Bloomberg reported Wednesday.

April 2, 2008
BusinessGovernment

Bernanke Warns of Possible Recession

Federal Reserve Chairman Ben Bernanke warned Congress Wednesday that the U.S. economy may contract in the first half of this year, saying a recession was possible, the Associated Press reported.

April 2, 2008
BusinessGovernment

Congress Grills Oil Executives on High Prices

A congressional panel questioned the huge profits of oil companies, as prices soared to records, the Washington Post reported Wednesday.

April 2, 2008
GovernmentBusinessSafety

Road Safe America Backs ATA in Call for Speed Governors

Safety advocacy group Road Safe America said it supports an effort by American Trucking Associations in urging the federal government to order the use of speed governors on heavy-duty trucks.

April 2, 2008
BusinessSafety

Railroad Accident Reports Now Available Online

The Federal Railroad Administration said it is making its investigation reports of major train accidents and other incidents available online for the first time.

April 2, 2008
Business

U.S. Auto Sales Fall 12% in March

U.S. automobile sales plunged 12% in March, the 10th downturn in the past 12 months, Bloomberg reported.

April 2, 2008
Business

U.S. Auto Sales Fall 12% in March

U.S. automobile sales plunged 12% in March, the 10th downturn in the past 12 months, Bloomberg reported.

April 2, 2008
Business

TravelCenters of America Reports 4Q Loss

Truck stop chain TravelCenters of America reported a net loss for the fourth quarter compared with a year earlier.

April 2, 2008