Business

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

March Truck Tonnage Rises 6.3%

U.S. truck tonnage rose 6.3% in March, the 16th consecutive year-over-year increase, as U.S. economic growth continued even in the face of sharply higher fuel costs, American Trucking Associations reported.

May 2, 2011

Best Trucking Management Software Buyer’s Guide

For growing carriers, choosing the right Trucking Management Software (TMS) is vital for the efficiency and growth of your transportation business. As we move into 2024, it's crucial to understand the key features and considerations that make a TMS solution stand out, and which ones play to your unique operation.

Business, Fuel

Diesel Average Dips 0.7¢ as Crude Oil Price Stalls

The average retail price of U.S. diesel declined for only the second time in about four months last week, slipping 0.7 cent to $4.098 a gallon on the coattails of relatively stable crude oil prices, the Department of Energy said.

May 2, 2011
Business

Daimler’s 1Q Income, Truck Sales Jump

Daimler AG said Friday its first-quarter profit jumped on higher automobile and truck sales.

April 29, 2011
Business, Logistics

Universal Truckload’s 1Q Profit Improves

Universal Truckload Services’ first-quarter income rose from a year ago as load volumes improved.

April 29, 2011
Business, Equipment

Goodyear Posts 1Q Profit on Record Sales

Goodyear Tire & Rubber Co. Friday reported a first-quarter profit, turning around a loss from a year ago, as sales jumped 27% from a year ago to a record.

April 29, 2011
Business

Tornadoes Damage Trucking Facilities in South

This week’s tornado outbreak across the South destroyed damaged or several trucking facilities, company executives said.

April 29, 2011
Business

Caterpillar’s 1Q Profit Tops $1.2 Billion

Heavy equipment maker Caterpillar Inc. said Friday its first-quarter profit more than quintupled on higher sales, and its boosted its full-year earnings outlook.

April 29, 2011
Business

Personal Spending Gains 0.6%

Consumer personal spending rose 0.6% in March, the Commerce Department said Friday.

April 29, 2011
Business, Safety, Government

Chicago Manufacturing Index Slips in April

Manufacturing activity in the Chicago region slipped in April from March, but showed continued expansion, the Institute for Supply Chain Management-Chicago said Friday.

April 29, 2011
Business, Government, Logistics

Consumer Confidence Increases in April

Consumer confidence rose in April from a 16-month low, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

April 29, 2011