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.

GovernmentBusinessSafety

Rule Would Allow More Hazmat Inspections

An impending Department of Transportation rule will expand enforcement authority of federal regulators to conduct “enhanced inspections” and investigations of packaged hazardous materials.

March 8, 2011
BusinessFuel

DOE Boosts Diesel, Gas Price Projections

The Department of Energy boosted its projected diesel average this year by 38 cents, to $3.81 a gallon, though the most recent weekly price already tops that level.

March 8, 2011
Business

Correction

Due to a production error, Navistar’s ad in this week’s print edition, entitled “The Customer-Friendly Emissions Solution,” failed to print properly. As a result, much of the text on Page 3 is missing. We will be printing a corrected version of the ad in the March 14 edition.

March 8, 2011
GovernmentBusiness

CARB Reefer Compliance Deadline is March 31

The California Air Resources Board’s deadline for food transporters with model-year 2003 transport refrigeration units to install retrofits is March 31, the agency said.

March 8, 2011
Business

ABF’s Regional Network Adds Western Reach

ABF Freight System said it is expanding service to the western United States to provide increased shipment velocity to 95% of lanes between major markets in the West.

March 8, 2011
BusinessLogistics

NFI Acquires 3PL World Warehouse and Distribution

NFI Industries said it acquired World Warehouse and Distribution, a Champlain, N.Y., third-party logistics and warehousing firm. Terms were not disclosed.

March 8, 2011
BusinessFuel

Diesel Surges 15.5¢ to $3.871; Gasoline Jumps 13.7¢ to $3.52 a Gallon

Diesel took a big jump for the second straight week, spiking 15.5 cents to $3.871 a gallon — its biggest increase and highest pump price since 2008, the Department of Energy said.

March 8, 2011
Business

Trimac’s 4Q Income Improves

Trimac Transportation Ltd.’s fourth-quarter earnings rose to C$4.5 million, or 10 Canadian cents per unit, up from C$1.2 million, or 2 cents, a year ago.

March 8, 2011
Business

YRC Board Member Trubeck to Replace Taylor as CFO

YRC Worldwide said Monday that William Trubeck will replace Chief Financial Officer Sheila Taylor, who is leaving the company at the end of the month.

March 7, 2011
Business

TravelCenters of America Launches iPhone App

TravelCenters of America has launched an iPhone application to help truck drivers find its truck stop locations.

March 7, 2011