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.

GovernmentBusiness

Obama Backs Higher Truck Weights for Maine, Vermont

The Obama administration has agreed to support truck weights of up to 100,000 pounds on additional stretches of interstate highways in Maine and Vermont.

September 21, 2010
GovernmentBusinessFuel

Biodiesel Producers Hoping for Tax Credit Resurrection

The biodiesel industry suffered a setback when supporters in the U.S. Senate failed to attach an amendment to the recently-adopted Small Business Jobs Act that would have restored the industry’s tax credit.

September 21, 2010
Business

Housing Starts Rise More Than Forecast

Housing starts jumped 10.5% in August, the Commerce Department said Tuesday.

September 21, 2010
GovernmentBusiness

Port of L.A. Seeks Delay on Clean-Trucks Program

The Port of Los Angeles is recommending that harbor commissioners push back the first phase of the port’s controversial clean trucks program until the end of 2011.

September 21, 2010
BusinessFuel

Diesel Rises for Second Week, Gaining 1.7¢ to $2.96 a Gallon

Diesel’s national average retail price rose for a second straight week, climbing 1.7 cents to $2.96 a gallon, the Department of Energy said Monday.

September 21, 2010
BusinessFuel

Citgo Opens ULSD Facility at Illinois Refinery

Citgo Petroleum Corp. has built a facility to produce ultra-low sulfur diesel at its existing Lemont, Ill., refinery.

September 20, 2010
BusinessSafety

Texting Rule Sent to White House

A federal rule banning truck drivers from texting while driving has been sent to the White House Office of Management and Budget, in advance of Tuesday’s distracted driving summit being hosted by the Department of Transportation in Washington.

September 20, 2010
Business

L.A. Port Proposes Timeline for Driver Mandate

The Port of Los Angeles wants to start implementing its employee driver mandate next year, with a full requirement in place by the end of 2013.

September 20, 2010
Business

Navistar Plans Diesel Engine Plant in China

A Navistar International Corp. affiliate and a Chinese firm have signed a joint venture agreement to develop, build and market advanced commercial diesel engines in China.

September 20, 2010
Business

Truckload Firms Link Rate Gains to Tightened Capacity

NEW YORK — Many carriers, particularly in the truckload sector, said they are winning rate increases from shippers that typically are at least 5%, reflecting the industry’s tight capacity.

September 20, 2010