Trucking Business News

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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.

EditorialBusinessLogisticsAutonomous

Editorial: Life Is Good

There was some interesting advice offered by two of our industry鈥檚 best-known economists last week to fleet executives who were attending the National Tank Truck Carriers annual conference in San Francisco.

May 14, 2012
PerspectiveGovernmentBusinessTechnologyEquipment

Opinion: Why an EOBR Mandate Is a Bad Idea

The Federal Motor Carrier Safety Administration continues to be dead set on forcing every commercial vehicle in the United States to carry an electronic onboard recorder 鈥 better known as an EOBR 鈥 despite the device鈥檚 hefty price tag and general uselessness as a safety tool.

May 14, 2012
Business

ATA鈥檚 Graves Cites Transportation Needs as Election-Year Casualty, Blasts Parties

ARLINGTON, Va. 鈥 American Trucking Associations President Bill Graves blasted federal lawmakers in a recent speech, telling an audience of a shippers鈥 association here that the upcoming election has halted the legislative process and Republicans鈥 pushes to decrease the federal role in transportation are missing the mark, among other criticisms.

May 14, 2012
BusinessGovernment

Daimler Bets Big on India鈥檚 Booming Truck, Bus Market

CHENNAI, India 鈥 The world鈥檚 largest commercial vehicle maker, Daimler AG, is making one of its biggest-ever bets by pouring $850 million into production and sales operations here, in what is now the world鈥檚 fastest-growing market for trucks and buses.

May 14, 2012
BusinessSafety

Industry Seeks Relief from FMCSA Policy in Crashes When Truckers Are Not at Fault

Royce Brooks, an experienced tank truck driver, was hauling gasoline to Lockhart, Texas, south of Austin, when a BMW driver blew through a stop sign and a flashing red light.

May 14, 2012
Business

Analysts View Truck Orders Dip as 鈥楶ause鈥 in Growing Market

The decline in truck orders 鈥 including the 55% drop last month compared with a year ago and declines in the previous three months 鈥 represents a 鈥減ause鈥 in the fleet replenishment process rather than a sign of fundamental market weakness, several analysts and dealers have said.

May 14, 2012
GovernmentBusiness

Trucking鈥檚 Recovery Is Sound, Likely to Last, Economists Say

SAN FRANCISCO 鈥 Two of trucking鈥檚 leading economists said last week the industry鈥檚 economic recovery was well under way and should continue for at least several more years.

May 14, 2012
Business

Internationals Are Recalled to Fix Possible Cable Flaw

Navistar has issued a recall for 21,831 International brand trucks to check for a possible defect that could cause an alternator cable to chafe and potentially lead to an electrical short.

May 14, 2012
Business

Western Star Aims to Boost Market Share With New 4700; Another Model to Come

LAS VEGAS 鈥 Executives at Western Star Trucks, Daimler AG鈥檚 North American niche brand, want to boost U.S. heavy-duty market share toward the 3% level from its current neighborhood of 1.2%, hoping that its new 4700 and another model to come will increase sales toward that level.

May 14, 2012
Business

ATA Asks Congress to Prohibit States from Taxing Nonresident Carriers

Congress should pass legislation to prohibit states from imposing business taxes on for-hire interstate carriers unless the carriers have real property in the state or received operating authority from it, American Trucking Associations told the U.S. Senate Finance Committee.

May 14, 2012