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

Consumer Spending Grows in November

Consumer personal spending increased in November for the fifth consecutive month, the Commerce Department said Thursday.

December 23, 2010
Business

Durables Orders Increase in November

Durable goods orders climed 2.6% in November after a decrease the month before, the Commerce Department said Thursday.

December 23, 2010
BusinessGovernmentLogistics

Consumer Confidence Hits Six-Month High

Consumer confidence rose to a six-month high this month, according to the final monthly Thomson Reuters/University of Michigan consumer sentiment index released Thursday.

December 23, 2010
Business

Navistar鈥檚 4Q Earnings Drop; Truck Revenue Jumps

Navistar International Corp. said Wednesday its fourth-quarter profit fell 55% from a year ago, on higher costs of a new labor agreement.

December 22, 2010
Business

Medium-Duty Truck Purchases Rose 30.4% in November

A total of 22,902 medium-duty trucks were sold in the United States during November, a year-over-year increase of 30.4% that was again propelled by Classes 3 and 5, WardsAuto.com reported.

December 22, 2010
Business

Existing 91视频 Sales Rise 5.6%

Existing home sales rose 5.6% in November, the National Association of Realtors said Wednesday.

December 22, 2010
BusinessGovernmentFuel

House Passes Diesel Emissions Reduction Act

The House of Representatives passed a bill Tuesday that would extend a program of grants and loans to reduce diesel emissions.

December 22, 2010
Business

Ryder to Buy Carmenita Leasing

Ryder System said it will acquire Carmenita Leasing, a California-based truck leasing and rental company.

December 22, 2010
Business

C.H. Robinson Raises Dividend 16%

Transportation and third-party logistics firm C.H. Robinson Worldwide has raised its quarterly dividend to 29 cents per share.

December 21, 2010
GovernmentBusiness

Highway Reauthorization Bill Still Stalemated in Congress

The year began with hopes the Obama administration and Congress could end their stalemate over the highway bill. But like 2009, this year is expected to end without a new long-term reauthorization agreement.

December 21, 2010

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