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.

Business

LTL Quarterly Results Worsen as Freight Levels Remain Low

Earnings at publicly traded less-than-truckload companies took a beating in the first quarter, as carriers competed fiercely to wrest freight from a dwindling market still mired in recession, a review of the companies鈥 financial reports shows.

May 4, 2009
GovernmentBusinessSafety

U.S. Working on Border Plan, Despite Swine Flu Concerns

The Obama administration is continuing to work on a plan to restart cross-border trucking between the United States and Mexico, even as the two countries battle the spread of 鈥渟wine flu.鈥

May 4, 2009
GovernmentBusinessSafetyFuel

Calif. Demands 10% Carbon Cut in Transportation Fuels by 2020

California environmental regulators have approved a new standard that will require a 10% reduction in the carbon content of transportation fuels by 2020 and encourage a transition to nonpetroleum-based fuels.

May 4, 2009
Business

Navistar Unveils Updated ProStar Plus

Navistar will deliver International ProStar sleepers and day cabs powered by 2010 Environmental Protection Agency-certified MaxxForce 13 big bore engines using exhaust gas recirculation technology.

May 3, 2009
BusinessSafetyGovernment

ISM Manufacturing Index Improves

Manufacturing in the U.S. improved last month but still showed overall contraction, the Institute for Supply Management said Friday.

May 1, 2009
Business

Dynamex Lowers FY 2009 Guidance

Dynamex has lowered its earnings guidance for the 2009 fiscal year, saying that a downturn in shipping volumes will bring sales down.

May 1, 2009
BusinessGovernment

Consumer Sentiment Index Improves

U.S. consumer confidence improved in April to the highest level since late last year, according to the Reuters/University of Michigan鈥檚 monthly consumer sentiment index released Friday.

May 1, 2009
BusinessSafetyGovernment

P.A.M. Reports $3.4 Million First-Quarter Loss

Truckload carrier P.A.M. Transportation Services reported a first-quarter loss of $3.4 million, or 36 cents per share, compared with a loss of $2.8 million, or 29 cents, a year ago.

May 1, 2009
BusinessSafety

Intermodal, Rail Traffic Fall for Week

Intermodal rail traffic fell 17.8% for the week ended Saturday, compared with the same week last year, the Association of American Railroads said.

May 1, 2009
BusinessSafetyGovernment

NAFTA Trade Falls 30.9% in Record Decline

Surface transportation trade among the United States, Canada and Mexico plunged 30.9% in February from a year earlier, the biggest year-to-year decline on record, the Department of Transportation said Thursday.

April 30, 2009