Trucking 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.
House Subcommittee Plans Field Hearing After Wetlines Bill Markup Is Postponed
A House subcommittee was scheduled to hear testimony at a Nov. 16 field hearing in Baltimore on a controversial House bill that would prohibit the transportation of flammable liquids in unprotected product piping both on existing and on newly manufactured cargo tank trucks.
November 16, 2009Senate Confirms Anne Ferro as Next FMCSA Administrator
The Senate has unanimously confirmed Anne Ferro, the former head of the Maryland Motor Truck Association, to direct the Federal Motor Carrier Safety Administration.
November 16, 2009ATA Seeks DOT Meeting to Discuss Future of HOS
American Trucking Associations has requested a meeting with Department of Transportation officials to discuss the agency’s intention to revise federal driver work rules issued during the Bush administration.
November 16, 2009October Truck Orders Spike
North American Class 8 truck orders shot up sharply in October to about 22,000 vehicles, double the previous month’s total and more than twice the year-ago total, according to data from two research firms.
November 16, 2009Daimler Trucks to Bolster Western Star Presence in Heavy-Duty Marketplace
LAS VEGAS — Daimler Trucks North America moved to publicly strengthen its commitment to its small Western Star brand, hosting gatherings of dealers and industry media here last week.
November 16, 2009Diesel, Gasoline Averages Dip, Ending Monthlong Increase
U.S. retail diesel and gasoline price averages reversed a monthlong string of increases last week, as diesel dipped 0.7 cent to $2.801 a gallon and gas declined 2.8 cents to $2.666, the Department of Energy reported.
November 16, 2009FedEx Trade Networks Adds Freight Forwarding Offices in Asia, Europe
FedEx Trade Networks said that it has opened seven new freight forwarding offices in Asia and Europe.
November 13, 2009Consumer Confidence Declines in November
U.S. consumer confidence declined this month, according to the preliminary Reuters/University of Michigan monthly consumer sentiment index released Friday.
November 13, 2009Wal-Mart’s 3Q Income Rises
Wal-Mart Stores said that its profit rose 3.2% to $3.24 billion, or 84 cents a share in the quarter ended Oct. 31, compared with $3.14 billion, or 80 cents, a year ago.
November 13, 2009Mullen Group Makes Offer for Livingston
Canadian transporter Mullen Group offered to buy Ontario-based logistics firm Livingston International Income Fund in an all-stock deal that tops a previous buyout offer from a consortium of other investors.
November 13, 2009Follow Us
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