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, Safety, Government, Logistics

NTSB Urges Tougher Measures to Fight Drivers’ Sleep Apnea

The Federal Motor Carrier Safety Administration should identify commercial truck and bus drivers who are at high risk for obstructive sleep apnea, and require drivers diagnosed with the condition to prove they are being treated, the National Transportation Safety Board recommended last week.

October 26, 2009
Business

UPS’ Third-Quarter Profit Declines 43%, but Company Says It Sees Signs of Recovery

Lower profits at its key U.S. domestic package unit slashed UPS Inc.’s third-quarter earnings by 43% to $549 million, but the company said signs of an economic recovery should bring better results in the months ahead.

October 26, 2009
Business, Safety, Government

U.S. Must Tackle Broad Transport Issues when Economy Recovers, Mendez Says

WASHINGTON — When the economy recovers and freight traffic begins to grow again, the nation needs to turn its attention to broader transportation issues that address everything from funding to livability, said Victor Mendez, newly appointed Federal Highway Administrator.

October 26, 2009
Business, Government, Safety

‘Safe Driver’ Program Educates Teens to Be Careful Around Trucks

BETHESDA, Md. — Law enforcement officers, government officials and trucking executives joined together to emphasize the dangers of driving aggressively around large trucks, particularly among younger motorists.

October 26, 2009
Business, Safety, Government

PHMSA Says It Will Issue Wetlines Rule Covering Both New, Existing Tank Trailers

The Pipeline and Hazardous Materials Safety Administration said it would issue a new regulation early next year that will prohibit the transportation of flammable liquids in unprotected product piping on both existing and newly manufactured cargo tank trucks.

October 26, 2009
Business, Government, Safety, Fuel

ATA, Long Beach Settle Port Suit

The Port of Long Beach and American Trucking Associations last week reached an out-of-court settlement of ATA’s federal lawsuit challenging portions of the port’s Clean Trucks Plan. The agreement will simplify the registration process for carriers moving containers at the port.

October 26, 2009
Business, Logistics, Government

Diesel Soars 10.5¢ to $2.705

The average U.S. price of diesel jumped more than 10 cents a gallon and gasoline rose nearly as much last week, while petroleum closed above $81 a barrel on national commodities markets for the first time in more than a year.

October 26, 2009
Business, Safety

Truck Tonnage Sees 7.3% Drop

U.S. truck tonnage fell 7.3% in September from the same month last year, the best year-to-year showing since November 2008, American Trucking Associations said Friday.

October 23, 2009
Business

Mack, Volvo Trucks to Merge

Mack Trucks and Volvo Trucks North America will merge next month into a single corporate entity, the (Allentown, Pa.) Morning Call reported.

October 23, 2009
Business

Saia Increases 3Q Profit

Saia Inc. said its third-quarter profit increased to $3.3 million, from $2.8 million the prior year.

October 23, 2009