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.

BusinessTechnology

Con-way Truckload Goes With Maptuit

Con-way Truckload said it is installing Maptuit NaviGo technology in all its trucks and owner-operator tractors equipped with Qualcomm computers.

March 12, 2012
PerspectiveBusinessLogistics

Opinion: Information Logistics Improves Efficiency

In order to grow their revenue, many carriers say they want to be as flexible as possible in adapting to the specific needs of shippers and freight brokers.

March 12, 2012
GovernmentBusiness

February Truck Orders Drop 7.3%, But Dealers Still Confident on 2012

North American trucking fleets ordered 22,500 new Class 8 vehicles in February, a 7.3% decrease from last February and the second straight monthly decline, ACT Research reported. However, truck dealers told Transport Topics they were not concerned a downward trend had begun.

March 12, 2012
Business

TCA Backs 65-mph National Speed Limit

KISSIMMEE, Fla. — The Truckload Carriers Association has decided to endorse a 65-mph national speed limit in the latest sign of consensus-building within the industry.

March 12, 2012
BusinessGovernmentAutonomous

Consumer Market Shaping Handheld Devices Used by Trucking Industry, Manufacturers Say

Although today’s handheld devices continue to become smaller, tougher and far more capable than their clunky, limited-application predecessors, manufacturers and officials at the freight companies that rely on them said the next technological developments will be influenced by what’s happening in the consumer market.

March 12, 2012
BusinessFuel

Obama Touts Natural Gas for Trucking

MOUNT HOLLY, N.C. — President Obama proposed a federal tax credit designed to encourage the trucking industry to move toward natural-gas and electric vehicles by helping underwrite their higher acquisition costs.

March 12, 2012
BusinessSafety

Truck-Involved Fatality Rate Up 9% in 2010, DOT Data Show

The rate at which fatalities occurred in truck-involved crashes increased 9.4% in 2010 from the previous year’s all-time low, according to an analysis of Department of Transportation mileage data made public last week.

March 12, 2012
Business

Truckload Leaders Urge Changes in Assessing Value of Loads

KISSIMMEE, Fla. — The increasing need to conserve driver hours, coupled with the spread of electronic onboard recorders and analytical tools, are driving more fleets to adopt a new yardstick, revenue per hour, to measure productivity, industry officials said.

March 12, 2012
Business

Daimler Recalls 110,000 Trucks to Fix Defect in Detroit Diesel Engines

Daimler Trucks North America said it was recalling all 110,000 of its 2006-2013 Freightliner, Western Star and Sterling trucks equipped with Detroit Diesel 13-, 15- and 16-liter engines to fix a defect the National Highway Traffic Safety Administration said could cause accidents, fuel leaks and fires.

March 12, 2012
Business

Navistar Blames 1Q Loss on Costs for Engine Repairs

Truck producer Navistar International Corp. reported a loss of $153 million for its fiscal first quarter, attributing $112 million of the loss to costs of repairing faulty engines, including initial models of its 2010 technology engines.

March 12, 2012