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

Navistar to Release Financial Statements

Navistar International Corp. said Friday it will issue restated financial results for 2003-2005, as well as its 2007 third quarter fiscal operational metrics at an investor meeting in New York next month.

September 21, 2007
BusinessTechnologyFuel

Crude Tops $83 in Latest Record

Crude oil hit a new closing record Thursday, its sixth in seven trading days, as a tropical depression formed in the Gulf of Mexico that was on track to make landfall near New Orleans, Bloomberg reported.

September 21, 2007
EquipmentBusiness

Freightliner Considers Moving Some Jobs East

Truck maker Freightliner LLC is studying relocating some of the operations in its aftermarket division from Oregon to the East Coast, the Oregonian newspaper reported Friday.

September 21, 2007
BusinessSafetyGovernment

Five Indiana Counties to Switch Time Zones, DOT Says

Five counties in southwestern Indiana will switch from Central to Eastern time beginning Nov. 4, the U.S. Department of Transportation said.

September 21, 2007
Business

IdleAire Files with SEC for Initial Public Offering

IdleAire Technologies Corp. said it has filed for a possible initial public offering with the Securities and Exchange Commission.

September 21, 2007
BusinessGovernment

Philadelphia Factory Index Improves

Manufacturing levels increased in the Philadelphia area this month, the Federal Reserve Bank of Philadelphia said Thursday.

September 20, 2007
BusinessFuel

FedEx Reports Higher Earnings; Cuts Forecast

FedEx Corp. Thursday reported a higher first-quarter profit from a year ago, but cut its full-year forecast by 4% due to overall economic volatility and high energy costs.

September 20, 2007
GovernmentBusiness

Leading Indicators Decline in August

The index of leading economic indicators fell in August, the New York-based Conference Board said Thursday.

September 20, 2007
BusinessLogistics

Dynamex Reports Higher 4Q Earnings

Logistics and delivery firm Dynamex Inc. said late Wednesday its fiscal fourth-quarter profit rose to $4.1 million or 38 cents a share, from $3.3 million or 31 cents a year earlier.

September 20, 2007
Business

Jobless Claims Fall 9,000 for Week

Initial jobless claims fell by 9,000 last week to 311,000, the Labor Department said Thursday.

September 20, 2007