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.

GovernmentBusiness

Analysts, Economists Differ on Outlook for Transportation, U.S. Growth

LAS VEGAS — Two industry analysts differed over whether trucking will tread water this year or improve its financial performance even more than it has, and economists told heavy-duty executives the danger of a double-dip recession is gone.

January 24, 2011
BusinessGovernmentSafety

Obama Calls for Simplification of Rules, Review of Regulations That Hurt Growth

President Obama signed an executive order on Jan. 18 calling for a simplification of regulations and a review of ones that stifle economic growth.

January 24, 2011
Business

Strike Threat by Canadian Rail Workers Could Affect Intermodal Shipments

Canadian Auto Workers union members have voted to strike soon at Canadian National Railway Co. and Canadian Pacific Railway Ltd. in a move that could affect both carriers’ intermodal shipments in that nation.

January 24, 2011
BusinessSafety

NTTC Asks PHMSA to Withdraw Plan for Outsourcing Regulatory Requirements

The National Tank Truck Carriers association has asked federal hazardous materials regulators to withdraw a plan to outsource regulatory requirements for the design, manufacture, test, inspection and repair of cargo tanks to a pair of professional organizations.

January 24, 2011
BusinessFuel

Diesel Rises 7.4¢ to $3.407 a Gallon

U.S. retail fuel prices rose for the seventh consecutive week, as the average price of a gallon of diesel jumped by 7.4 cents a gallon to $3.407, the Department of Energy reported.

January 24, 2011
BusinessFuel

Oil Falls for Fourth Day, Finishing Week Near $89 a Barrel

Oil fell for the fourth straight day Friday, slipping 48 cents to closing the week at $89.11 a barrel, Bloomberg reported.

January 21, 2011
Business

Heartland’s Earnings Improve for 4Q, Year

Heartland Express said its fourth-quarter and full-year profit rose from the year-ago periods.

January 21, 2011
Business

Report Cites Congestion’s Cost to Trucking

The cost of U.S. traffic congestion has jumped to $115 billion in 2009 from $24 billion in 1982, and trucks are shouldering a disproportionate share of the cost, according to a report released this week.

January 21, 2011
BusinessSafety

Intermodal Traffic Rises 5.8% for Week

Intermodal traffic rose 5.8% last week compared with a year ago, though trailer traffic was down slightly, the Association of American Railroads reported.

January 21, 2011
Business

Intermec Acquires Warehouse Tech Firm

Supply chain technology firm Intermec Inc. said it will acquire Vocollect Inc., a warehouse technology firm focused on voice-enabled products.

January 21, 2011