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, Fuel

Diesel Average Slips 0.6¢ to $3.067

The average retail price of both diesel and gasoline dipped last week for the first time in a month, the Department of Energy reported.

November 1, 2010

Daily Briefings from Transport Topics

Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.

Business

Explosives Found on U.S.-Bound Cargo Plane

President Obama said Friday that federal authorities had uncovered a “credible terrorist threat” against the United States following the overseas discovery of U.S.-bound packages containing explosives aboard cargo jets, the Associated Press reported.

October 29, 2010
Business

Intermec Reports Loss in 3Q

Supply chain technology firm Intermec Inc. said its third-quarter net earnings loss was $6.9 million, or 11 cents per share, compared with a profit of $64,000, or zero cents, a year ago.

October 29, 2010
Business, Logistics

TransForce Reports Higher 3Q Earnings

TransForce Inc., Canada's largest trucking company, said Friday its third-quarter profit rose to C$25 million as it cut costs to offset weak conditions across the industry, Bloomberg reported.

October 29, 2010
Business

Thompson to Step Down as J.B. Hunt’s President/CEO; Will Become Chairman

J.B. Hunt Transport Services said that Kirk Thompson will step down as president and CEO at the end of the year and become the company’s chairman.

October 29, 2010
Business, Logistics

Intermodal Traffic Increases for Week

Intermodal rose 13.6% last week from a year earlier, the Association of American Railroads said.

October 29, 2010
Business, Safety, Government

Chicago Manufacturing Index Increases in October

Manufacturing activity in the Chicago region improved in October, showing continued expansion, the Institute for Supply Chain Management-Chicago said Friday.

October 29, 2010
Business

Opinion: Moving Forward Despite Industry Challenges

In 1933, my grandfather, James Russell Hahn, founded Hahn Transportation on the understanding that trucking was essential, especially to Maryland farmers who needed to move the crops from the fields to the canneries, the milk to the creameries, and coal or oil to the homes, schools and hospitals for heat.

October 29, 2010
Business

Daimler Posts 3Q Profit; Truck Sales Jump 44%

Daimler AG said its third-quarter worldwide truck sales jumped 44% from a year ago and that its truck unit would post a profit before interest and taxes of more than $1.5 billion for the full year.

October 28, 2010
Business, Government, Logistics

Judge’s Temporary Ruling Backs ATA in L.A. Port Case

A federal judge has temporarily blocked a ban on owner-operators at the Port of Los Angeles, granting an injunction sought by American Trucking Associations.

Eric Miller | Senior Reporter
October 28, 2010