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

Natural Gas Engines a Niche Product, Daum Says, and Daimler Has No Plans to Make Them

OXON HILL, Md. — Expressing some skepticism about the near-term strength of the market for natural-gas engines in heavy-duty trucks, Daimler Trucks’ chief U.S. executive said the truck maker will continue using Cummins Inc. engines rather than developing its own natural-gas power plants.    

June 4, 2012
Business

Volkswagen Shuffles Execs; Changes Truck Chief

Volkswagen AG appointed a new trucks chief, added a top executive for China and replaced three Audi board members as part of a shakeup to push forward with growth plans, Bloomberg reported Monday.

June 4, 2012
BusinessFuel

Oil Continues to Fall on Growth Concerns

Oil fell for a fifth trading day Monday, dropping more than $2 to just over $81 a barrel on concerns about economic growth in the U.S. and China, Bloomberg reported

June 4, 2012
PerspectiveGovernmentBusinessTechnologyEquipment

Opinion: Might as Well Adapt — EOBRs Are Here to Stay

Those in our industry can make whatever excuses they want for not using EOBRs. The bottom line is they haven’t wrapped their minds around how to make money legally. I mean, they might as well be bootlegging whiskey. It’s the same damn thing.

June 4, 2012
Business

Kenworth Begins Producing T680 Tractor, Completing 4-Year, $400 Million Investment

KIRKLAND, Wash. — Kenworth Truck Co. began production of its T680 at its Chillicothe, Ohio, truck factory late last month, company officials announced here.

June 4, 2012
BusinessLogistics

Shippers, Fleets Seek Competitive Edge by Tailoring More Services to Customers

When shippers search for the right carrier to transport their goods, price is often just one of their considerations, according to industry experts and trucking executives.

June 4, 2012
Business

Daimler Says New Cascadia Tops 9 MPG in Road Trials

OXON HILL, Md. — Daimler Trucks North America unveiled what will become its primary over-the-road heavy-duty tractor next year and said the new model — named the Cascadia Evolution — will be about 7% more fuel-efficient than its 2010 model.

June 4, 2012
BusinessTechnology

Distracted Driving a Growing Challenge, Trucking and Technology Leaders Find

PRINCETON, N.J. — As mobile phones with transportation apps become more common in truck cabs, carriers face a growing safety and compliance challenge — making sure that their drivers aren’t using the devices while they’re on the road.

June 4, 2012
Business

Fleets With Stability Controls Favor New NHTSA Mandate

Trucking companies that use stability control systems said they support the federal government’s proposal to mandate electronic stability control for all heavy vehicles, citing their own positive experiences with the systems.

June 4, 2012
BusinessLogistics

Fleets Weigh Creating Pool to Run Intermodal Chassis

The Intermodal Motor Carriers Conference, dissatisfied with developments in the freight chassis business, is considering establishment of a trucker-based pool that would be the first of its kind, the conference’s executive director said.

June 4, 2012