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.

BusinessFuel

Clean Energy Opens Natural Gas Fueling Station in Ohio

Clean Energy Fuels Corp. said it has opened a new liquefied natural gas fueling station in Ohio.

February 13, 2012
PerspectiveBusiness

Opinion: Driver Turnaround and New HOS

In the post-HOS environment, minutes matter. By reducing driver turnaround time, we can minimize the fallout from HOS-related capacity constraints.

February 13, 2012
EditorialBusiness

Editorial: Supplying the Trucking Industry

This is shaping up as one of those ā€œinteresting yearsā€ for the trucking supply industry, with demand likely to at least match capacity in several key areas, including tractors, trailers and tires.

February 13, 2012
Business

FMCSA Officials Delay Final EOBR Rule; Say Process May Extend Into Early 2013

Federal regulators will not issue a final rule this year mandating electronic onboard recorders for nearly all interstate carriers, a Federal Motor Carrier Safety Administration spokeswoman confirmed last week.

February 13, 2012
BusinessSafety

Maersk Selling Its Chassis Unit; Charged Truckers Fees for Use

Maersk Inc., owner of the largest ocean carrier, has agreed to sell its chassis rental unit to private investment firm Littlejohn & Co., marking the latest step in the ownership of the chassis that drayage truckers use to deliver containerized cargo.

February 13, 2012
BusinessGovernmentSafety

DOD Rule Fix Gives Movers Flexibility to Store Military Members’ Belongings

Household goods movers have more leeway in putting military service members’ goods into storage if the shipments arrive early, thanks to a federal rule change last month that the industry said will save money and increase available capacity in the moving industry.

February 13, 2012
Business

More LTLs Report 4Q Gains; Continued Growth Predicted

Four publicly traded less-than-truckload carriers have joined the ranks of fleets that improved fourth-quarter financial performance and signaled that prospects for continued growth are brightening.

February 13, 2012
Business

CEO Welch Considers 2012 a ā€˜Rebuilding Year’ at YRC

Six months into his bid to turn around YRC Worldwide Inc., CEO James Welch does not mince words as he mixes positives like ā€œa 180-degree turnā€ in once-flagging morale with reality, saying ā€œ2012 will be a rebuilding year.ā€

February 13, 2012
BusinessGovernmentSafetyTechnologyEquipmentAutonomous

Bendix Works to Correct Defect, but Date for Valve Fix Uncertain

Officials of brake manufacturer Bendix Commercial Vehicle Systems said they are wrestling with the challenge of manufacturing and distributing replacement parts for a defective valve that could cause braking problems, which prompted federal and heavy-duty truck manufacturer recalls.

February 13, 2012
Business

Shippers Support Trucking Industry’s Campaign to Get Congress’ OK for Longer, Heavier Vehicles

As members of Congress race to pass a federal highway reauthorization bill by the end of March, many shippers are throwing their support behind legislation that would give states the authority to allow truckers to carry loads up to 97,000 pounds on interstate highways — a change they say would cut shipping costs considerably.

February 13, 2012