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

Senate GOP Kills ā€˜Card-Check’ Bill

Senate Republicans on Tuesday blocked a bill that would have allowed labor unions to organize workplaces without holding secret-ballot elections, the Associated Press reported.

June 26, 2007
BusinessGovernment

Refineries’ Output Seen Sluggish This Summer

Continued sluggish oil refinery capacity may keep gasoline prices — and oil company profits — high this summer, the Wall Street Journal reported Tuesday.

June 26, 2007
Business

Navistar Sees ā€˜Solid’ 2007 Despite Truck Sales Downturn

Navistar International Corp. said Tuesday that its 2007 results will be ā€œsolid,ā€ despite a drop in truck sales.

June 26, 2007
BusinessGovernment

New °®¶¹“«Ć½ Sales Drop 1.6%

New home salesĀ fell 1.6% in May, the Commerce Department said Tuesday.

June 26, 2007
GovernmentBusiness

Consumer Confidence Dips in June

U.S. consumer confidence declined this month, the New York-based Conference Board said Tuesday.

June 26, 2007
FuelBusinessGovernment

Diesel Gains 3Ā¢ to $2.835; Gas Dips 2.7Ā¢ to $2.982

The average retail price of U.S. diesel fuel rose 3 cents $2.835 a gallon, the Department of Energy said Monday following its weekly price survey.

June 26, 2007
GovernmentBusinessSafetyEquipment

OOIDA, C.R. England Claim Partial Victory in Class-Action Suit

Truckload carrier C.R. England and the Owner-Operator Independent Drivers Association each claimed partial victory after a federal district court ruled on a case involving federal truth-in-leasing regulations.

June 26, 2007
BusinessSafetyGovernment

July 4 Travel to Reach Record, AAA Says

Despite continued high gasoline prices, a record 41.1 million Americans are expected to travel during the July 4 holiday week, up 0.8% over last year, AAA said.

June 26, 2007
Business

Hino to Build Medium-Duty Truck Plant in W.Va.

Japan's Hino Motors said it will spend $8.6 million to open a medium-duty truck assembly plant in West Virginia, which is scheduled to openĀ in November.

June 25, 2007