Trucking Business News

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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.

BusinessEquipment

Accuride Posts 4Q Profit, Annual Loss

Improving North American trucks sales led parts maker Accuride Corp. to post a fourth-quarter profit but a net loss for the year, the Evansville, Ind., company said.

March 1, 2012
Business

Construction Spending Dips in January

Construction spending slipped 0.1% in January, the first decline since July, the Commerce Department said Thursday.

March 1, 2012
Business

Jobless Claims Decline to Almost Four-Year Low

Initial jobless claims decreased last week, matching the lowest level in nearly four years, the Labor Department said Thursday.

March 1, 2012
Business

Personal Spending Rises in January

Consumer personal spending rose 0.2% in January following little change the previous month, the Commerce Department said.

March 1, 2012
Business

Celadon Buys Tennessee Carrier鈥檚 Assets

Celadon Trucking Services said it purchased almost 200 trucks and 300 trailers from Teton Transportation, Knoxville, Tenn.

March 1, 2012
BusinessLogistics

Equity Firm Buys Sprint Logistics Unit

Aperion Management has teamed with the management of Sprint Logistics to acquire that company鈥檚 municipal solid waste transfer station management and transportation business.

March 1, 2012
GovernmentBusiness

Economy Shows Moderate Growth, Fed Says

The U.S. economy expanded at a 鈥渕odest to moderate pace鈥 in January and early February as factories boosted production, while transportation service showed mixed results, the Federal Reserve said Wednesday.

February 29, 2012
BusinessGovernmentSafetyLogisticsAutonomous

TransForce Reports Higher 4Q Earnings

TransForce Inc.鈥檚 fourth-quarter net income rose to C$41.7 million, or 41 cents a share, from C$34.8 million, or 36 cents, a year earlier, the Montreal-based trucking and logistics company said Wednesday.

February 29, 2012
Business

Chicago Manufacturing Index Rises

An index of manufacturing activity in the Chicago area increased in February, the Institute for Supply Management-Chicago said Wednesday.

February 29, 2012
GovernmentBusinessAutonomous

Quality Swings to Fourth-Quarter Profit

Tank truck carrier Quality Distribution reported a fourth-quarter profit, turning around a loss in the same quarter a year ago.

February 29, 2012

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