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

Paccar Sets Special Dividend

Truck and engine maker Paccar Inc.’s board of directors has declared an extra cash dividend of 70 cents per share.

December 7, 2011
Business

Decorated Mack Truck Hauls Capitol Christmas Tree to D.C.

A festively decorated Mack truck embarked this month on a three-week journey to deliver the Christmas tree that will brighten the U.S. Capitol grounds this holiday season.

December 7, 2011
BusinessTechnology

Telular to Acquire SkyBitz

Remote monitoring company Telular Corp. said Monday it will acquire SkyBitz, a provider of technology used to track and manage truck trailers, intermodal containers and other assets.

December 6, 2011
GovernmentBusiness

North Carolina Senate Rejects Capping Fuel Taxes

The North Carolina State Senate has killed a proposal to cap the state’s 35-cent tax on gasoline and diesel, which is about to rise sharply, by voting to end its session.

December 6, 2011
GovernmentBusinessSafety

FMCSA Accepts Hazmat Carriers’ Petition

Federal regulators have accepted a petition from several trade organizations who have complained that fluctuating federal hazardous materials safety permit requirements are causing some safe motor carriers to loose their eligibility and even cease operations.

December 6, 2011
BusinessEquipment

Dana, Eaton to End Joint Marketing Relationship by Mid-2012

Truck component makers Eaton Corp. and Dana Holding Corp. said Tuesday they will end the marketing relationship between the two companies by the middle of 2012.

December 6, 2011
Business

Vermont Makes Progress Repairing Roads, Bridges Following Irene

Vermont roads and bridges washed out by Hurricane Irene in August have been repaired quickly since then, the New York Times reported Tuesday.

December 6, 2011
Business

Postal Service Targets Cuts to First-Class Service

Faced with mounting red ink, the U.S. Postal Service is planning cuts to first-class mail service that could eliminate next-day delivery.

December 6, 2011
BusinessFuel

Diesel Declines for Second Week, Falling 3.3¢ to $3.931 a Gallon

Diesel fell for a second straight week, declining 3.3 cents to $3.931 a gallon, while gasoline fell for a third week, the Department of Energy reported.

December 6, 2011
Business

FedEx Ground Sets 4.9% Rate Increase for 2012

FedEx Corp. said it will boost rates for its FedEx Ground and FedEx home delivery services by 4.9% next year.

December 5, 2011