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

ATA Hires McNally as VP of Communications

American Trucking Associations last week named Sean McNally as its new vice president of communications and press secretary.

February 14, 2011
Business

Fourth-Quarter LTL Results Improve as Pricing, Truck Tonnage Gain

Seven of the eight publicly traded less-than-truckload carriers reported improved financial performance in the fourth quarter, as pricing and tonnage gained across the industry, giving hope for better 2011 results.

February 14, 2011
Business

Roadrunner Purchases Morgan Southern in Effort to Broaden Its Service Offerings

In a move to broaden its service offerings, Roadrunner Transportation Systems has made what’s believed to be the first purchase of an intermodal drayage fleet by a primarily less-than-truckload carrier.

February 14, 2011
GovernmentBusinessTechnologyEquipment

Truckload Carriers Association Opposes EOBR Proposal

The 700-member Truckload Carriers Association plans to oppose a proposed federal mandate requiring the use of electronic onboard recorders because there is no evidence that the technology will improve highway safety, the association’s president said.

February 14, 2011
BusinessEquipment

Cummins Maintains Top Spot in Heavy-Duty Engine Market

Cummins Inc. maintained its market-share lead in Class 8 engines during 2010, although Detroit Diesel Corp. grabbed a bigger portion of the market, according to WardsAuto.com.

February 14, 2011
BusinessLogistics

Intermodal Growth Accelerates in 2010 as Truck Capacity Tightens, IANA Says

Intermodal traffic grew at the fastest pace in nearly three decades during 2010, and the combination of a strengthening economy and tightening truck capacity will spark further growth this year, the Intermodal Association of North America reported.

February 14, 2011
Business

FMCSA Holding Feb. 17 Hours-of-Service ‘Listening Session’

Members of the trucking industry will have their first opportunity to make an in-person case for preserving the current hours-of-service rules on Feb. 17 when the Federal Motor Carrier Safety Administration conducts a listening session in Arlington, Va.

February 14, 2011
BusinessFuel

Diesel Jumps 7.5¢ to $3.513 Pushed By Cold Wave, Egyptian Concerns

Continuing cold weather across much of the United States and Europe and political unrest in Egypt helped push domestic fuel prices higher. The average retail cost of a gallon of diesel rose 7.5 cents to $3.513 a gallon last week.

February 14, 2011
BusinessEquipment

Yokohama to Boost Auto, Light-Truck Tire Prices 8%

Yokohama Tire Corp. said Friday it will increase prices by up to 8% on all of its consumer tires, which include passenger, performance and light-truck tires, effective March 1.

February 11, 2011