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.

GovernmentBusinessLogistics

UPS Boosting Asian Operations Centers

UPS Inc. announced plans Tuesday to boost its global post-sales service options by expanding a field stocking location network in India and enhancing its Asia logistics customer support center in the Philippines.

May 5, 2009
BusinessSafetyGovernment

ISM Services Index Improves in April

The U.S. economy鈥檚 service sector rate of contraction slowed last month, the Institute for Supply Management said Tuesday.

May 5, 2009
FuelBusinessLogisticsGovernment

Diesel Falls 1.6垄 to $2.185

The national average price of diesel fuel fell for a third consecutive week, dropping 1.6 cents to $2.185, the Department of Energy said.

May 5, 2009
BusinessFuelGovernment

Minn.鈥檚 5% Biodiesel Mandate Takes Effect

Minnesota has implemented its requirement mandating that all diesel sold in the state contain at least 5% biodiesel, the Associated Press reported.

May 5, 2009
Business

Sysco Corp.鈥檚 3Q Income Declines

Food-services provider and private fleet operator Sysco Corp. said Monday its fiscal third-quarter operating income fell to $740.6 million, or $1.24 a share, from $772 million, or $1.26, a year ago.

May 4, 2009
BusinessLogistics

Wabash Makes 790 Layoffs Permanent

Wabash National Corp. has told the 790 workers it laid off in January that it does not expect to call them back, the Associated Press reported Saturday.

May 4, 2009
GovernmentBusiness

Construction Spending Increases 0.3%

Construction spending rose in March for the first time in six months, the Commerce Department said Monday.

May 4, 2009
Business

Love's Travel Stops to Install DEF Containers for 2010 Trucks

Love's Travel Stops and Country Stores said it will begin installing bulk containers for diesel exhaust fluid, an additive needed for most 2010 diesel truck engines, at 50 of its truck stops beginning in the fourth quarter of this year.

May 4, 2009
GovernmentBusinessSafety

EPA Faces Question on Ethanol鈥檚 Effects

The Environmental Protection Agency is close to proposing standards for ethanol use, but officials face a question on whether or not ethanol鈥檚 indirect effects on the environment should be considered in the rule-making process, the Associated Press reported Sunday.

May 4, 2009
BusinessSafetyGovernment

Xata Narrows Loss in 2Q

Transportation software firm Xata Corp. said Monday it lost $443,000, or 5 cents per share, in its fiscal second quarter, compared with a loss of $1.3 million, or 17 cents, a year ago.

May 4, 2009