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

Daimler, Cummins 1Q Earnings Increase, Show Gains in North American Market

Original equipment manufacturers Daimler AG and Cummins Inc. reported more success in North American truck markets during the year’s first quarter, compensating for problems in other parts of the world.

May 7, 2012
BusinessSafetyGovernment

Trucking Failures Decline

Truck fleet failures continued to decline early this year, despite high diesel prices that stubbornly remained above $4 per gallon, according to a new report.

May 7, 2012
Business

FMCSA to Weigh Costs, Benefits of Crash Accountability Process

BELLEVUE, Wash. — Examining whether creating a better crash-accountability process would be worth the cost to taxpayers will be part of the Federal Motor Carrier Safety Administration’s study of ways to assess and assign fault in truck-related crashes, FMCSA Administrator Anne Ferro said in an interview.

May 7, 2012
BusinessTechnology

Fleets’ Use of Anti-Rollover Systems Climbs as NHTSA’s Proposed Rulemaking Nears

With the National Highway Traffic Safety Administration moving closer to announcing a proposed rulemaking focusing on preventing truck rollovers, fleets increasingly are choosing to install anti-rollover systems on their tractors and trailers, according to industry experts.

May 7, 2012
BusinessFuel

YRC Worldwide, Arkansas Best Report Losses, but First Quarter Is Brighter for Other LTLs

YRC Worldwide Inc. and Arkansas Best Corp.’s less-than-truckload unit reported losses in the first quarter, although three other major carriers reported marked improvement during the period.

May 7, 2012
BusinessFuel

Diesel Dips for Third Week as Middle East Tensions Ease

Retail diesel prices retreated for the third consecutive week, dipping 1.2 cents to put the national average at $4.073 a gallon, the U.S. Department of Energy reported.

May 7, 2012
Business

Heavy-Duty Truck Orders Drop 55% in April

Truck producers received 17,200 new orders in April for Class 8 vehicles, a 55% drop from 38,094 in April 2011, ACT Research Co. reported.

May 4, 2012
Business

Trucking Adds Jobs as Unemployment Falls to Three-Year Low 8.1%

The April unemployment rate fell to a three-year low 8.1% and the trucking industry gained 1,800 jobs, the Labor Department said Friday.

May 4, 2012
BusinessSafetyGovernmentTechnologyEquipment

Roadrunner’s First-Quarter Profit Grows

Roadrunner Transportation Systems’ first-quarter profit climbed to $7.9 million, or 25 cents a share, from $4.4 million, or 14 cents, a year ago.

May 4, 2012
BusinessTechnology

Xata Reports Wider 2Q Loss

Xata Corp. reported a fiscal second quarter loss of $2.1 million, or 20 cents per share, compared to a loss of $800,000, or seven cents, a year ago.

May 4, 2012