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.

Business

Top ATA Attorney Digges Will Retire After 28 Years in Defense of Trucking

Robert Digges Jr., vice president and chief counsel for American Trucking Associations and a top attorney for ATA鈥檚 Litigation Center, is retiring from his post effective Jan. 27, ATA announced last week.

January 23, 2012
Business

FedEx, UPS Seen Gaining Delivery Business From Planned U.S. Postal Service Cutbacks

FedEx Corp. and UPS Inc. could see more business if the U.S. Postal Service closes more than half of its 478 processing centers, eliminates Saturday deliveries and slows first-class delivery to two to three days from one to two days, said sources who closely monitor postal cargo operations.

January 23, 2012
Business

STB Revises Ruling on Consumer Options When Movers Damage Goods in Transit

The Surface Transportation Board has revised a year-old decision that was meant to enhance consumer awareness of damage-protection options when they use household goods carriers.

January 23, 2012
BusinessFuelGovernment

Diesel Rises 2.6垄 to $3.854 as Iran Threats Push Oil Up

Retail diesel prices increased for the second week in a row, rising 2.6 cents to $3.854 a gallon, the Department of Energy reported last week.

January 23, 2012
Business

Heartland鈥檚 4Q, Full-Year Income Improve

Heartland Express said its fourth-quarter net income rose $17.1 million, or 20 cents per share, from $15.4 million, or 17 cents, a year ago.

January 20, 2012
Business

Existing 91视频 Sales Rise for Third Month

Existing home sales rose 5% for a third straight increase in December, reaching the highest level since January, the National Association of Realtors said.

January 20, 2012
BusinessFuel

Oil Falls Below $100 in Third Straight Decline

Oil fell under $100 a barrel Friday, the third straight daily decline, on signs that China鈥檚 manufacturing was declining and European economic growth slowed, Bloomberg reported.

January 20, 2012
BusinessLogistics

Intermodal Traffic Rises 7.4% for Week

U.S. intermodal traffic rose 7.4% for the week ended Saturday from a year ago, the Association of American Railroads reported.

January 20, 2012
BusinessEquipment

Philadelphia Manufacturing Index Rises to Three-Month High

Manufacturing activity in the Philadelphia region expanded at a faster pace in January, the Federal Reserve Bank of Philadelphia said.

January 20, 2012
BusinessFuel

Judge Dismisses Navistar鈥檚 SCR Lawsuit

A federal judge rejected a request by Navistar Inc. to force the U.S. Environmental Protection Agency to recall all 2010 trucks with selective catalytic reduction engines.

January 20, 2012

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