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.

GovernmentBusinessSafety

Bigger Ships to Bring Changes To Ports鈥 Container Handling

Sometime in the near future, a new generation of supersized containerships 鈥 up to 50% larger than current vessels 鈥 will make its first appearance on the East Coast of the United States.

November 12, 2007
BusinessSafetyGovernment

TTNews.com to Close Tuesday for Veterans Day

Transport Topics Online will be closed Tuesday because of the Veterans Day holiday. Please check back on Wednesday, Nov. 12, for the latest trucking and freight transportation news.

November 10, 2007
BusinessFuelGovernment

UPS Announces 4.9% Rate Increase for 2008

Parcel carrier UPS Inc. said Friday it would raise shipping rates for its air and ground services by nearly 5%, effective Dec. 31.

November 9, 2007
BusinessSafety

Intermodal Traffic Drops for Week

Rail traffic rose slightly, but intermodal traffic continued a downward trend in falling for the week ended Saturday from the same week last year, the Association of American Railroads said.

November 9, 2007
BusinessSafetyGovernment

Legislators Preserve Language to Block Mexican Trucks in Spending Bill

Lawmakers preserved language in a transportation funding bill that would block a federal pilot program allowing Mexican trucking companies to operate inside the United States, news services reported Friday.

November 9, 2007
BusinessFuelLogisticsGovernment

Editorial: Still Missing a National Fuel Policy

The fuel price spiral has resumed, sending diesel and crude oil costs to never-before-seen levels, even as the economy stumbles along and fleets grapple with declining freight levels in 10 of the past 12 months.

November 9, 2007
BusinessGovernment

Fed Chief Warns on 4Q Slowdown

Federal Reserve Chairman Ben Bernanke said the U.S. economy is likely to 鈥渟low noticeably鈥 this quarter while high commodity prices and a weaker dollar may stoke inflation 鈥渇or a time,鈥 Bloomberg News reported Thursday.

November 8, 2007
Business

DHL's 3Q Profits Fall 35%

Deutsche Post AG, parent of DHL Americas, said its third-quarter profit fell 35% as declining U.S. shipping volumes cramped earnings at its DHL Express unit, Bloomberg News reported.

November 8, 2007
Business

Jobless Claims Fall 13,000 for Week

Initial jobless claims fell by 13,000 last week to 317,000, the Labor Department said Thursday.

November 8, 2007
Business

Express-1 Reports Lower 3Q Earnings

Express-1 Expedited Solutions said Thursday it earned $499,000 or 2 cents a share in the third quarter, down from with $905,000 or 3 cents last year.

November 8, 2007