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, Safety, Government, Autonomous

Truck Tonnage Dips in Sept., but Economy Shows Gains

The freight recovery paused in September as American Trucking Associations’ tonnage index dipped 0.3% from the month be-fore after recording larger gains in July and August.

November 2, 2009

EDI for Trucking: Everything You Need to Know

Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.

Business, Government, Safety

TWIC Running Smoothly at U.S. Ports Despite Initial Glitches, Officials Say

After several initial delays and glitches, freight hauling and government officials say the Transportation Worker Identification Credential program is moving along smoothly at U.S. ports, and they project additional security measures could be incorporated in coming years.

November 2, 2009
Business

YRC Trims Its 3Q Loss

YRC Worldwide lost $158.7 million, or $2.67 a share, in the third quarter, compared with a loss of $720.9 million, or $12.58, a year ago.

October 30, 2009
Business, Equipment

Cummins’ Third-Quarter Profit Drops

Diesel engine maker Cummins Inc. said Friday its third-quarter profit fell 59% due to sharply lower demand for its engines and other products.

October 30, 2009
Business, Government

Consumer Confidence Declines in October

U.S. consumer confidence declined this month, according to the final Reuters/University of Michigan monthly consumer sentiment index released Friday.

October 30, 2009
Business, Safety, Government

Chicago Manufacturing Index Improves

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

October 30, 2009
Business, Safety

Intermodal Traffic Drops for Week

U.S. intermodal rail traffic fell 10.1% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.

October 30, 2009
Business, Government

Personal Spending Falls in September

Consumer personal spending dropped in September for the first time in five months, the Commerce Department said Friday.

October 30, 2009
Government, Business, Safety, Logistics

P.A.M. Narrows Third-Quarter Loss

Truckload carrier and logistics firm P.A.M. Transportation Services reported a third-quarter loss of $1.2 million, or 13 cents per share, compared with a loss of $3.2 million, or 33 cents, a year ago.

October 30, 2009
Business, Government, Safety

Opinion: LTLs Can Profit Even in a Poor Economy

I agree — the economy is bad. Now let’s go out there and make some profit. As excess capacity continues to plague the less-than-truckload segment of the trucking industry with reduced revenues and profits, transportation executives are increasingly frustrated.

October 30, 2009