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

Business Inventories Rise 0.8%

Business inventories rose 0.8% in December, the Commerce Department said Tuesday.

February 15, 2011
Business

New York Manufacturing Index Expands

Manufacturing activity in the New York region expanded at a faster rate in February than January, the Federal Reserve Bank of New York said Tuesday.

February 15, 2011
Business

January Import Prices Rise 1.5%

The price of goods imported to the United States rose 1.5% in January, the Labor Department said Tuesday.

February 15, 2011
BusinessLogistics

Forward Air鈥檚 4Q Income Almost Doubles

Forward Air Corp. said late Monday its fourth-quarter net income almost doubled, to $11.8 million, or 41 cents per share, from $6.3 million, or 22 cents, a year earlier.

February 14, 2011
GovernmentBusiness

DOT鈥檚 Proposed $129 Billion Budget Is Part of Six-Year Transportation Plan

President Obama鈥檚 proposed $129 billion Department of Transportation budget is for the first year of a comprehensive six-year transportation plan that will lay a new foundation for economic growth and competitiveness by rebuilding the nation鈥檚 transportation systems, DOT said Monday.

February 14, 2011
BusinessFuel

Canada Sets 2% Biodiesel Mandate

Diesel fuel and home heating oil will be required to contain at least 2% biofuel content beginning July 1, the Canadian Broadcasting Corp. reported.

February 14, 2011
Business

Wright Express Reports Higher 4Q Profit

Wright Express Corp.鈥檚 fourth-quarter profit grew to $18.6 million, or 47 cents per share, compared with $12.1 million, or 31 cents, a year ealier.

February 14, 2011
BusinessTechnology

Qualcomm Buys Fleet Management Software Firm

Qualcomm Inc. said it has acquired Sylectus, a provider of fleet management software for small fleets.

February 14, 2011
BusinessTechnology

iTECH: Document Imaging Goes Mobile

Electronic commerce is a term associated most readily with consumer-oriented retail sales tools such as Amazon.com, eBay.com and the like, but the electronic transaction of commerce has been de rigueur for the trucking industry for years.

February 14, 2011
GovernmentBusiness

Obama Delivers $3.7 Trillion Budget to Congress

President Obama unveiled a $3.7 trillion budget Monday that includes funding for a $50 billion 鈥渋nfrastructure bank鈥 aimed at triggering private investment for some projects, Bloomberg reported.

February 14, 2011

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