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

USA Truck鈥檚 3Q Profit Plunges

Truckload carrier USA Truck said Thursday its third-quarter profit dropped to a near loss, due to a 鈥渃hallenging鈥 freight environment.

October 18, 2007
GovernmentBusiness

Leading Economic Indicators Rise 0.3%

An index of leading economic indicators rose 0.3% in September, the New York-based Conference Board said Thursday.

October 18, 2007
Business

Jobless Claims Rise 28,000 for Week

Initial jobless claims rose by 28,000 last week to 337,000, the Labor Department said Thursday.

October 18, 2007
BusinessGovernment

Fed 鈥楤eige Book鈥 Notes Mixed Trucking Activity

A report from the Federal Reserve鈥檚 regional banks suggested that economic activity continued to expand, although trucking鈥檚 outlook varied by region.

October 18, 2007
BusinessSafetyGovernment

Peters Asks Congress to Approve Mexican Truck Program

Transportation Secretary Mary Peters asked Congress Wednesday to reconsider its pending prohibition and let a cross-border trucking demonstration program between the United States and Mexico聽proceed.

October 17, 2007
BusinessSafety

I-5 Tunnel Concerns Cited Following SoCal Crash

A chain-reaction crash on Interstate 5 that left three people dead was apparently caused when a trucker lost control emerging from the tunnel, and some truckers cited concerns with the tunnel鈥檚 configuration, the Los Angeles Times reported Wednesday.

October 17, 2007
FuelBusinessGovernment

Oil Inventories Rise; Crude Tops $87 a Barrel

Inventories of crude oil, gasoline and distillate fuel all rose last week, the Energy Department reported Wednesday, following Tuesday鈥檚 closing-price crude oil record of more than $87 a barrel.

October 17, 2007
Business

Pa. I-80 Toll Plan Moves Forward

Pennsylvania officials have forwarded documents to Federal Highway Administration in a first step toward converting Interstate 80 to a toll road, the Pittsburgh Post-Gazette reported Wednesday.

October 17, 2007
BusinessLogistics

CSX鈥檚 Third-Quarter Income Rises

Eastern freight rail line CSX Corp.鈥檚 third-quarter earnings jumped 24% from a year earlier, the railroad said late Tuesday.

October 17, 2007
FuelBusinessGovernment

Consumer Price Index Rises 0.3% in September

The consumer price index rose 0.3% in September, led by increases in food and fuel, the Labor Department said Wednesday.

October 17, 2007