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, Safety, Fuel

Opinion: Use Pixels Not Paper

With the transportation industry challenged by extraordinary economic conditions, executives are devoting much time and effort to dealing with factors beyond their direct control, such as escalating fuel, vehicle and equipment costs. I believe they are leaving money on the table by not streamlining back-office processes that can offset these often-unforeseen external costs.

May 26, 2009
Letters to the Editor, Business, Fuel, Safety, Government

Letters: Transportation Needs, Heavy Trucks, Raise Fuel Taxes

With respect to the senators, when planning the needs for surface transportation, what practical experience do they or anyone reporting to them have in transportation?

May 25, 2009
Editorial, Government, Business, Safety

The Price of Safety

Some 10,000 enforcement officers plan to mix a little fiscal accountability with their safety inspections during next week’s Roadcheck campaign, and we hope that is not a bad idea.

May 25, 2009
Business, Government

Firms May Turn to Congress for Pension Funding Help

NEW YORK — Trucking fleets saddled with potential multibillion-dollar liability for underfunded union pension plans will look to Congress for a legislative remedy this year, company officials and experts said.

May 25, 2009
Business, Government, Safety, Fuel

Fleet Execs See Likely Delay of New Truck Buying in 2010

NEW YORK — Trucking executives said the uncertainty about new engine technology required to meet federal emissions standards next year would likely keep them from buying many trucks during 2010.

May 25, 2009
Business

FMCSA Rejects UCR Proposal Raising 2010 Fees

The Federal Motor Carrier Safety Administration said it rejected a proposal to raise Unified Carrier Registration fees for 2010.

May 25, 2009
Business, Government, Safety

CVSA, Police Officers Prep for Roadcheck

For 72 continuous hours covering June 2-4, law enforcement officers throughout the United States, Canada and Mexico will conduct commercial vehicle inspections in the annual Roadcheck, the Commercial Vehicle Safety Alliance announced.

May 25, 2009
Business, Fuel, Logistics

Diesel Inches Up to $2.231

The national diesel fuel average rose 1.5 cents a gallon last week, while gasoline posted a much larger 6.9-cent jump, widening the gap between the two fuels as gas stockpiles declined ahead of the traditional Memorial Day start of summer driving season.

May 25, 2009
Business, Government

Mack, UAW Reach Tentative Labor Contract

Mack Trucks said it has reached a new tentative labor agreement with the United Auto Workers after more than 19 months of talks, which would cover about 1,700 employees at seven facilities in three states.

May 25, 2009
Business, Government

YRC’s Performance Improving as Firm Cuts Costs, Zollars Says

NEW YORK — YRC Worldwide Inc. has received relief from lenders who waived an earnings target for the second quarter, and company head William Zollars said the less-than-truckload carrier’s performance is improving because of several cost-cutting moves, including potential pension-payment relief from the Teamsters union.

May 25, 2009