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

Oregon’s Weight-Mile Tax to Increase Oct. 1 by an Average of 24.5%

Oregon’s truck weight-mile tax is set to increase Oct. 1 by an average of 24.5%, along with the flat fees some truckers pay.

September 27, 2010
Business

Obama Seeks Weight Exemption For Vermont, Maine Highways

President Obama has asked that a pilot program allowing trucks up to 100,000 pounds to run on interstate highways in Maine and Vermont become a permanent exemption to the federal 80,000-pound limit.

September 27, 2010
BusinessGovernmentLogistics

L.A. Port Staff Suggests Delaying Start Date of Owner-Operator Ban Until End of 2011

Port of Los Angeles staff members are recommending that harbor commissioners push back until the end of 2011 the first phase of the port’s clean trucks program requiring that employee-only drivers move drayage trucks.

September 27, 2010
BusinessFuelGovernment

Diesel Inches Up 1.7¢ to $2.96 for Second Straight Increase

The U.S. diesel average price rose 1.7 cents to $2.96 a gallon last week, the second straight week it has inched upward, the Department of Energy reported.

September 27, 2010
BusinessFuel

Oil Takes Biggest Gain in Two Weeks, Topping $76 a Barrel

Oil rose by the most in two weeks Friday, gaining $1.31 to finish the week at $76.49 a barrel, Bloomberg reported.

September 24, 2010
Business

US 1 Industries Gets Buyout Proposal

Logistics firm US 1 Industries said it has received a proposal from its two top executives to buy all of the shares they don’t already own in a transaction that is worth about $8 million.

September 24, 2010
Business

New °®¶¹´«Ã½ Sales Unchanged in August

New home sales were unchanged in August, following a record drop in July, the Commerce Department said Friday.

September 24, 2010
BusinessSafetyGovernment

Durable Goods Orders Fall 1.3%

Durable goods orders fell 1.3% in August, the Commerce Department said Friday. Orders excluding transportation equipment rose 2%, more than forecast.

September 24, 2010
BusinessLogistics

Intermodal Traffic Continues Upward Trend

Intermodal traffic increased 16.9% last week from a year earlier, the Association of American Railroads said.

September 24, 2010
Business

Daimler Sees No Medium-Duty Sales Bubble in North America

HANOVER, Germany — There is no sales bubble coming soon for medium-duty trucks in North America, according to Martin Daum, president of Daimler Trucks North America.

September 23, 2010