Trucking Business News

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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.

BusinessGovernmentSafetyLogisticsAutonomous

Calderon Hopeful for Settlement of U.S.-Mexico Border Dispute

Mexico’s president, Felipe Calderon, said last week that the United States and his nation would solve the countries’ ongoing trade dispute caused by the closure of the southern border to longhaul truck traffic.

May 24, 2010
FuelBusiness

Groups Urge Senators to Reconsider Plan to Use Fuel Fees for Nontransport Needs

More than two dozen transportation advocacy groups have asked the drafters of a Senate energy and climate bill to reconsider their legislation to allocate new revenue from transportation-based motor fuel fees to “activities entirely unrelated to improving the nation’s transportation infrastructure.”

May 24, 2010
BusinessFuelGovernment

Diesel Dips 3.3¢ to $3.094 as Crude Oil Price Plunges

The average price of retail diesel dipped 3.3 cents to $3.094 a gallon last week, the largest decline since Feb. 1, according to the Department of Energy.

May 24, 2010
BusinessGovernment

Obama Signs Order to Boost Trucks’ Fuel Economy

WASHINGTON — Flanked by truck manufacturers and industry executives, President Obama signed a first-of-its-kind order Friday clearing the way for medium and heavy-duty trucks to meet more stringent fuel economy targets.

May 21, 2010
BusinessLogistics

AutoInfo’s Earnings Improve

Third-party logistics provider AutoInfo said its first-quarter earnings rose to $425,000, or 1 cent a share, from $219,000, or 1 cent, last year.

May 21, 2010
BusinessSafetyGovernment

Wal-Mart Seeks More Control of Its Transportation

Wal-Mart Stores is seeking to take over its U.S. transportation services from suppliers in an effort to reduce the cost of hauling goods, Bloomberg reported Friday.

May 21, 2010
BusinessLogistics

Ceva Logistics Reports Higher Earnings

Third-party logistics provider Ceva Logistics reported an increase in first-quarter revenue compared with the same time in 2009.

May 21, 2010
Business

Iteris’ Income Drops in Fiscal 4Q

Iteris Inc., which makes lane-departure warning systems for the trucking industry, said its fiscal fourth-quarter profit fell from a year ago.

May 21, 2010
BusinessLogistics

Intermodal Traffic Rises for Week

Intermodal rail traffic continued to rise last week to its highest level since fall 2008, the Association of American Railroads said.

May 21, 2010
Business

Officials Warn of Big Weekend Backups on D.C. Beltway

Officials are urging motorists to avoid the Washington, D.C., area Capital Beltway this weekend near the new Wilson Bridge in Virginia, warning that traffic will be reduced to a single lane and could back up traffic for 10 to 15 miles.

May 21, 2010