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.
American Trucking Associations’ advanced seasonally adjusted truck tonnage index for February fell 1.7% from the same month a year ago, marking the eighth straight year-to-year decline, ATA said late Monday.March 27, 2007
Paccar Inc. said it will shut down truck production for several days in April at two Kenworth Truck Co. plants and two Peterbilt Motor Co. factories, cut its build rate for heavy trucks and lay off an unspecified number of workers.March 27, 2007
A coalition of shippers and marine terminal operators are supporting an overhaul of regulations in California that would include fees on port drayage trucks that do not meet environmental standards, the Long Beach Press-Telegram reported Monday.March 27, 2007
Consumer confidence fell in March from a five-year high last month, the New York-based Conference Board said Tuesday.March 27, 2007
Driver turnover at large truckload carriers dropped 13 percentage points last year — the first decline since 2001 — while it rose by an identical percentage at smaller truckload carriers, according to a survey produced by American Trucking Associations.March 27, 2007
March 26, 2007
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UPS Inc. on Monday announced a new service that would allow customers to re-route shipments already en route to their destination.March 26, 2007
New home sales fell last month to the lowest level in almost seven years, the Commerce Department reported Monday.March 26, 2007
Average U.S. retail gasoline prices rose 5.6 cents in the past two weeks to about $2.61 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.March 26, 2007