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, Government

Wyoming Considers Truck-Only Tolls on I-80

A Wyoming state legislative committee said that if part of Interstate 80 in the state becomes a toll road, they would prefer charging trucks only, the Associated Press reported.

June 15, 2009
Business, Safety

Volvo’s North American Deliveries Fall 62% in May

The Volvo Group said Monday its North American heavy-duty truck deliveries fell to 1,115 vehicles, down 62% from a year ago.

June 15, 2009
Business, Logistics, Government

Gas Climbs 17¢ to $2.66 a Gallon, Lundberg Says

The national average price of regular gasoline continued to climb, gaining 17 cents in the past two weeks to $2.66 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

June 15, 2009
Letters to the Editor, Business, Government, Safety

Letters: Dropping Rates, Volvo Disagrees

Since 1978, when I started operations, I have watched the trucking industry continually tear itself down. There will always be another fool with enough money to buy a cheap truck, charge below-profit rates and go out of business, while the next fool is in line to take his or her place.

June 15, 2009
Editorial, Business, Safety, Government

Safety Begins Behind the Wheel

An emphasis on driver behavior runs through an 18-point plan developed by American Trucking Associations to reduce crashes involving cars and trucks. Chilling statistics illuminate why this kind of focus is essential.

June 15, 2009
Business

Optimism Grows Among Fleet Owners about Economic Recovery, Survey Finds

Fleets are becoming more optimistic about a trucking recovery in the next 12 months, but carriers said the current market still is plagued by freight rates that are scraping the bottom.

June 15, 2009
Business, Fuel, Safety, Government

Hodges Says Cap-and-Trade Plan Threatens Trucking’s Viability

A House cap-and-trade energy bill would “add another layer of volatility†to the already erratic price of diesel fuel that could jeopardize the economic viability of trucking companies, Tommy Hodges, first vice chairman of American Trucking Associations, said last week.

June 15, 2009
Business, Safety, Government

Coalition Urges Congress to Curb Oil Speculation

A coalition of industry groups including American Trucking Associations petitioned congressional leaders to pass legislation to rein in “excessive speculation and opaque trading activity†in oil markets.

June 15, 2009
Business, Government, Safety

Teamsters Considering Reopening Labor Deal With YRC to Help Carrier Conserve Cash

The Teamsters union, which already has agreed to pay cuts for workers it represents at YRC Worldwide Inc., said it is considering whether to reopen its labor contract to help the less-than-truckload carrier conserve cash.

June 15, 2009
Business, Safety, Government

ATA Calls for Federal Action on Highway Safety Agenda

WASHINGTON — American Trucking Associations has called on Congress and the Department of Transportation to back an 18-point plan to reduce truck-involved crashes, with a particular emphasis on driver behavior.

June 15, 2009