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.

GovernmentBusinessLogistics

Port of L.A. Cites Clean Truck Program for Reduced Emissions

Officials at the Port of Los Angeles are crediting their clean trucks program, which resulted in significant turn-over of older trucks to newer and cleaner trucks, for significantly lowering port-wide diesel emissions in 2009.

June 8, 2010
BusinessSafetyGovernment

N.C. Supports Virginia’s Plan to Toll I-95

North Carolina’s secretary of transportation is supporting a plan by Virginia to put tolls on Interstate 95 near the border of the two states, the Associated Press reported.

June 8, 2010
BusinessFuel

Diesel Continues to Fall, Declining 3.4¢ to $2.946 a Gallon

Diesel fell for a fourth straight week, dropping 3.4 cents to $2.946 a gallon, its lowest price in 10 weeks, the Department of Energy said.

June 8, 2010
Business

Paccar Gets CARB Engine Certification

Truck maker Paccar Inc. said it has received certification from the California Air Resources Board for its Paccar MX 12.9 liter engine, its first heavy-duty engine.

June 8, 2010
Business

TMW Unveils Innovative IES Release 9

Software vendor TMW Systems said it unveiled Innovative IES Release 9, a new version of its green-screen dispatch and operations software.

June 7, 2010
Business

UTi Worldwide’s 1Q Profit Rises

Air and freight forwarder UTi Worldwide reported an increase in net income and revenue for its fiscal first quarter.

June 7, 2010
BusinessGovernment

Oil Holds Near $71 a Barrel

Oil held near $71 a barrel early Monday, following a big drop Friday, on concerns that Europe’s debt crisis could keep demand low, Bloomberg reported.

June 7, 2010
EditorialBusinessSafetyGovernmentFuelAutonomous

Improving Fuel Efficiency

President Obama’s recent announcement that he was kicking off a major effort to improve the fuel efficiency of commercial vehicles was welcome news to the trucking industry.

June 7, 2010
Letters to the EditorBusinessSafetyGovernmentAutonomous

Letters: Broker Bonds, Skinner and LaHood

Reading the May 24 “Opinion” column on how hard it would be for the smaller freight brokers to exist with a higher bond, my heart goes out to them, but my sympathies run with the trucking companies that use these brokers, small or large.

June 7, 2010
BusinessAutonomous

Opinion: Dedicated Contract Carriage

What a difference a year makes: Just one year ago, trucking trade publications were reporting on truckload rates plummeting 27% over the previous year, trucking companies beating down shippers’ doors looking for business, carriers dealing with 50% to 100% excess capacity over the previous two years, and thousands of trucking companies going bankrupt.

June 7, 2010