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.

GovernmentBusiness

March Construction Spending Rises 0.2%

Construction spending rose 0.2% in March, the second straight monthly increase, the Commerce Department said Monday.

April 30, 2007
BusinessEquipment

Accuride Takes 1Q Loss

Commercial vehicle component maker Accuride Corp. said Monday it lost $1.9 million or 5 cents a share in the first quarter, compared with a profit of $20 million or 58 cents a year ago.

April 30, 2007
BusinessLogistics

Chicago Manufacturing Activity Slows

A gauge of Chicago manufacturing activity fell in April, the National Association of Purchasing Management said Monday.

April 30, 2007
BusinessGovernmentAutonomous

Dongfeng’s 1Q Profit Jumps 24%

Dongfeng Automobile Co. said its profit increased for a third straight quarter, rising 24% as China's surging economy boosted demand for trucks and other commercial vehicles, Bloomberg reported.

April 30, 2007
BusinessGovernment

Personal Spending Climbs 0.3%

Consumer personal spending rose 0.3% in March, the Commerce Department said Monday.

April 30, 2007
BusinessFuelAutonomous

CVG’s First-Quarter Income Falls

Auto and truck parts supplier Commercial Vehicle Group said its first-quarter profit fell by 78% to $3 million or 14 cents a share, from $13.4 million or 62 cents last year.

April 30, 2007