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.

BusinessFuel

Diesel Jumps 4.9¢ to $3 a Gallon

Diesel’s national average price jumped 4.9 cents to $3 a gallon, the first time it has been at that level since May, Department of Energy said.

October 5, 2010
BusinessLogistics

Logistics Education — A Note from the Publisher

Logistics and supply chain management are critical needs for many businesses today and many companies are looking to schools to help workers obtain the knowledge and skills needed to succeed.

October 4, 2010
Business

UPS Buys 130 Hybrid Trucks

UPS Inc. said it has purchased 130 hybrid electric vehicles, which the package carrier will launch into service next year.

October 4, 2010
Business

Xata Turnpike Geared to Trucks With Communications Units

GRAPEVINE, Texas — An executive of Xata Corp. said the company’s plans for its phone-based tracking and logging system — Xata Turnpike — include pushing the unit into trucks that already have mobile communications hardware installed.

October 4, 2010
Business

Navistar, UAW Talks Continue Following Contract Expiration

United Auto Workers employees at Navistar International Corp. remain on the job following Friday’s expiration of a contract between the two sides, news services reported.

October 4, 2010
Business

August Truck Tonnage Up 2.9%

Truck tonnage rose for the ninth consecutive month in August from year-ago levels, but the gain slowed to 2.9%, in line with the recent deceleration in the U.S. economy, American Trucking Associations reported.

October 4, 2010
Business

Private Equity Firm to Buy Dynamex

Logistics and delivery firm Dynamex Inc. said Greenbriar Equity Group has agreed to buy it for about $210 million.

October 4, 2010
Business

Factory Orders Excluding Aircraft Rise 5.1%

Factory orders excluding aircraft jumped 5.1% in August, the Commerce Department said Monday.

October 4, 2010
Business

Truck Market Strengthening, Daimler Financial Exec Says

WASHINGTON — The new truck market is showing signs of picking up further this fall as the economy improves and the nation’s truck fleet continues to grow older, the head of Daimler Truck’s U.S. financial arm said.

October 4, 2010
GovernmentBusiness

Expected Hours-of-Service Change Tops Agenda for Phoenix Meeting, ATA’s Leadership Says

Changes to the federal truck driver hours-of-service rule are among many issues trucking executives are likely to focus on when American Trucking Associations’ members gather in Phoenix for their annual meeting, the federation’s chief executive officer told Transport Topics.

October 4, 2010