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.

BusinessLogistics

Trailer Maker Wabash National Reports Fourth-Quarter Loss

Trailer maker Wabash National Corp. reported a fourth-quarter loss of $5 million or 16 cents a share, compared with earning $20 million or 55 cents a year earlier.

February 14, 2007
BusinessGovernment

January Retail Sales Unchanged; Rise 0.3% Excluding Autos

U.S. retail sales were unchanged in January following a 1.2% gain in December, the Commerce Department said Wednesday.

February 14, 2007
BusinessSafetyGovernment

FMCSA Seeks $528 Million to Boost Safety, Enforcement

In addition to providing billions of dollars for congestion relief, the Department of Transportation’s $67 billion fiscal 2008 budget proposal included millions of dollars for commercial vehicle safety.

February 14, 2007
BusinessGovernment

Business Inventories Unchanged in December

U.S. business inventories were unchanged in December, and business sales rose 1.4%, the biggest gain since May, the Commerce Department said Wednesday.

February 14, 2007
BusinessGovernmentSafetyAutonomous

Opinion: Trucking Braces for Hours-of-Service Decision

In May 2000, the Federal Motor Carrier Safety Administration issued a number of proposed changes to the existing hours-of-service rules — rules which, until this point, had remained virtually unchanged for 60 years.

February 14, 2007
BusinessGovernment

U.S. Trade Deficit Hit Record in 2006

The U.S. trade deficit widened to a record for a fifth straight year in 2006 as purchases of Chinese goods and imported oil overwhelmed an increase in exports, the Commerce Department said Tuesday.

February 13, 2007
BusinessSafety

Winter Storm Causes Havoc From Midwest to East Coast

A winter blast of snow, freezing rain and frigid temperatures created headaches for travelers across the Midwest Tuesday, pushing cars and tractor-trailer rigs off highways, the Associated Press reported.

February 13, 2007
BusinessGovernmentAutonomous

California May Build More Toll Roads, Paper Reports

California state lawmakers are planning toll-road projects that could be a future trend in the state, and some of the first projects will be targeted to roads that move goods from the state’s ports, the Los Angeles Times reported Tuesday.

February 13, 2007
BusinessFuelLogisticsGovernment

Diesel Price Jumps 4.1 Cents to $2.476 a Gallon

The average national price of retail diesel fuel jumped 4.1 cents to $2.476 a gallon, the Department of Energy said Monday.

February 13, 2007
BusinessFuelGovernmentSafety

Forward Air Reports Flat Fourth-Quarter Profit

Forward Air Corp., a contractor to the air cargo industry, reported its fourth-quarter net income matched the previous year’s, at $12.2 million, while earnings per share climbed to 40 cents a share from 38 cents.

February 13, 2007