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

ATA Demands Release of Years-Old Study on Weighting of Violations in CSA Scores

In its second request in a week for closely held federal research, American Trucking Associations is asking federal regulators to publicly release a five-year-old study that contains data explaining how regulators weight violations that it used to compute Compliance, Safety, Accountability program safety scores for drivers and carriers.

June 18, 2012
Business

Small Truckload Fleet Turnover Rises

Driver turnover at small truckload fleets rose sharply in the first quarter to 71% from 55% in the fourth quarter of 2011, the largest quarter-to-quarter increase in seven years, propelled by financial pressures and other factors, American Trucking Associations reported.

June 18, 2012
Business

Court Voids Interim Engine Rule That Allows Navistar’s Sales

A federal appeals court overturned a stopgap Environmental Protection Agency regulation that allowed Navistar Inc. to pay fines to sell heavy-duty diesel engines that do not meet 2010 emissions standards.

June 18, 2012
Business

Suspension Makers Work to Counter Effects of Deteriorating Roads on Truck Chassis

The failure of Congress to pass legislation to provide funding to improve and expand the nation’s highway system has left many roads covered with cracks, potholes and uneven pavement, which are creating additional challenges for some vehicle suspension makers, according to company officials.

June 18, 2012
Business

FedEx Freight Raises Rates; Other LTLs Increase Prices

FedEx Freight levied a 6.9% rate increase, prompting other less-than-truckload carriers to signal similar moves as they try to capitalize on a strong rate environment.

June 18, 2012
BusinessFuel

Diesel Drops 6.5¢, Most Since December

Retail diesel prices dropped for the ninth week in a row, and analysts said they could fall even more as the national average declined 6.5 cents to $3.781 a gallon last week, the Energy Department reported.

June 18, 2012
BusinessLogistics

Intermodal Traffic Rises 3.8% for Week

U.S. intermodal traffic rose 3.8% for the week ended Saturday from a year ago, the Association of American Railroads said.

June 15, 2012
GovernmentBusiness

Michigan, Canada to Build New Detroit Bridge

Michigan and Canada have agreed to build a second bridge linking Detroit and Windsor, Ontario, Bloomberg reported Friday.

June 15, 2012
Business

Industrial Production Declines in May

Industrial production dipped 0.1% in May in the second decline in three months, the Federal Reserve said Friday.

June 15, 2012
BusinessGovernmentLogistics

Consumer Confidence Drops in June

Consumer confidence dropped in June to the lowest level this year, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

June 15, 2012