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.

BusinessGovernmentSafetyAutonomous

DOT Awards Five States $6.25 Million to Help Ease Shortage of Safe Truck Parking

The U.S. Department of Transportation in June awarded grants totaling $6.25 million to five states to “ease truck parking shortages on U.S. interstates.â€

July 5, 2010
BusinessFuel

Diesel Dips a Half-Cent to to $2.956

The national average price of diesel dropped 0.5 cent last week to $2.956 a gallon, the sixth decline in seven weeks, the Department of Energy reported.

July 5, 2010
GovernmentBusiness

Five States Get $6 Million in Truck Parking Grants

Five states received federal grants totaling $6 million from the U.S. Department of Transportation and Secretary Ray LaHood in June with the purpose of easing truck parking shortages on U.S. interstates.

July 3, 2010
GovernmentBusiness

Pa Lawmakers Move to Ban Indemnification Contracts

The Pennsylvania House has unanimously passed a bill that would ban indemnification contracts that some shippers and receivers force trucking firms to sign.

July 3, 2010
GovernmentBusinessSafety

Massachusetts, Iowa Enact Distracted Driving Laws

Massachusetts and Iowa enacted laws to combat distracted driving late last week, with Massachusetts Gov. Deval Patrick (D) signed legislation Friday outlawing texting while driving, making his the 29th state to outlaw the practice.

July 3, 2010
BusinessLogistics

Con-way, Caterpillar Units Expand Deal

Less-than-truckload carrier Con-way Freight said it won more business from Caterpillar Logistics Services.

July 2, 2010
Business

Factory Orders Fall in May

U.S. factory orders declined 1.4% in April, the biggest drop since March 2009, the Commerce Department said Friday.

July 2, 2010
Business

Unemployment Rate, Payrolls Fall in June

The U.S. unemployment rate dropped to 9.5% in June, though payrolls fell for the first time this year, the Labor Department said Friday.

July 2, 2010
BusinessLogistics

Intermodal Traffic Grows for Week

Intermodal rail traffic jumped 20.5% last week compared with a year ago, the Association of American Railroads said Thursday.

July 2, 2010
Business

Covenant Expects 2Q Profit

Covenant Transportation Group said Thursday it expects to report a second-quarter profit of 12 to 20 cents per share.

July 1, 2010