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

GM, Teijin Aim for Stronger, Lighter Parts

General Motors and Japanese carbon fiber and composites supplier Teijin have teamed up in hopes of producing stronger and lighter parts for GM trucks, cars and crossovers.

December 12, 2011
Business

Truck Orders Drop 21.2%; Decline Is First in 13 Months

Class 8 truck orders in North America dropped 21.2% in November, the first year-over-year decline in 13 months, as the industry recovered from the bruising recession, according to ACT Research Co.

December 12, 2011
Business

FMCSA Agrees to Review Permit Regulation; Hazmat Haulers Say It Excludes Safe Carriers

The Federal Motor Carrier Safety Administration has agreed to review a hazardous materials safety permit regulation that several trade organizations said is causing some safe carriers to unfairly lose their eligibility to haul hazmat.

December 12, 2011
BusinessLogistics

National Rail Strike Is Averted As Carriers, Two Unions Settle

Two rail unions settled with carriers on a tentative agreement in the days leading up to a possible Dec. 6 walkout, averting a strike and allowing shippers and fleets to utter a collective sigh of relief.

December 12, 2011
Business

Senate Committee Sets Highway Bill Hearing

The Senate Commerce Committee said it plans to hold its first hearing Wednesday on a series of bills as part of two-year transportation reauthorization legislation.

December 12, 2011
Business

Online Holiday Season Shopping Benefits Some LTLs, Execs Say

Less-than-truckload companies may not be getting a large slice of the online holiday shopping delivery pie, but for some of them, they bring in the extra business they can find at just the right time, fleet executives have said.

December 12, 2011
Business

ATA Names Hulett Chief Financial Officer

American Trucking Associations has named Karla Hulett, a tax expert, accountant and business and technology consultant, as its new chief financial officer.

December 12, 2011
Business

Dana, Eaton Agree to Drop Roadranger Joint Venture

Truck component manufacturers Dana Holding Corp. and Eaton Corp. will drop their 13-year Roadranger joint marketing venture next year in a separation initiated by Dana, the two Ohio-based companies said last week.

December 12, 2011
BusinessTechnology

Telular Acquires SkyBitz for $42 Million

Wireless alarm company Telular Corp. has agreed to buy trailer tracking supplier SkyBitz Corp. for a total of $42 million — $35 million in cash and $7 million in new Telular stock.

December 12, 2011
Business

Ford’s V-10 Gas Engine Set for F650 Trucks

DEARBORN, Mich. — Ford Motor Co. said it will offer its V-10 gasoline engine to power its Super Duty F650 line of trucks in a bid to reduce costs for fleets that don’t pile up miles on their vehicles.

December 12, 2011