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

Neighbors Oppose Truck Parking Expansions

Mark Zaluski was one of the lucky ones. At 3:10 p.m. on Oct. 25, his rig occupied one of only 16 truck parking spaces on the north side of a travel plaza off Interstate 94 about 40 miles north of Chicago.

November 26, 2007
FuelBusinessGovernment

Diesel Dips 1.5¢ to $3.41 a Gallon

The average price of retail diesel fell 1.5 cents last week to $3.41 a gallon, ending a string of five straight increases that had pushed the fuel to record levels, the Department of Energy reported.

November 26, 2007
GovernmentBusiness

Leading Indicators Decline in October

The index of leading economic indicators fell in October, the New York-based Conference Board said Wednesday.

November 21, 2007
Business

Initial Jobless Claims Rise for Week

Initial jobless claims fell by 11,000 last week to 330,000, the Labor Department said Wednesday.

November 21, 2007
BusinessSafetyTechnologyGovernmentEquipment

Allied Systems to Buy PTS

Performance Transportation Services, a Wayne, Mich., auto transporter, said it, along with certain subsidiaries, will file for chapter 11 bankruptcy as part of a $67 million deal to sell nearly all of its assets to Allied Systems Holdings.

November 21, 2007
Business

UPS Teamsters Approve New Contract

UPS employees represented by the International Brotherhood of Teamsters have voted to approve a new five year labor contract, the parcel carrier said.

November 21, 2007
Business

Fed Minutes Highlight Credit Market Concerns, Slower Growth Prospects

Federal Reserve officials lowered their growth forecast and said that they remain concerned about the credit market during their Oct. 30-31 meeting, Bloomberg News reported.

November 20, 2007
BusinessTechnology

McLeod Software Adds Asset Program

McLeod Software said it added a new program to allow customers to manage assets from any computer.

November 20, 2007
Business

Lawson Gets Global Container Terminals Business

Lawson Software, St. Paul, Minn., announced Monday that container terminal operator Global Container Terminals has licensed the Lawson S3 Enterprise Performance Management and Enterprise Financial Management software suites.

November 20, 2007
BusinessGovernment

I-10 Gas Fire Sparks Extended Delays in Louisiana

The head of the Louisiana state trucking association said that shippers and freight transporters should expect major delays after a part of Interstate 10 was closed in the wake of a natural gas fire.

November 19, 2007