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.

GovernmentBusinessSafety

SEC Issues Climate-Change Guidance

The Securities and Exchange Commission for the first time has voted to provide public companies with guidance on disclosing business or legal risk related to climate change.

February 2, 2010
BusinessEquipment

ArvinMeritor Reports Improved Fiscal 1Q

Truck components maker ArvinMeritor Inc. said Tuesday its fiscal first-quarter was break-even, compared with loss of $961 million, or $13.29 a share, a year ago, which included $856 million in write-downs.

February 2, 2010
BusinessGovernmentEquipment

Cummins’ Fourth-Quarter Profit Jumps to $270 Million

Diesel engine maker Cummins Inc. said Tuesday its profit jumped in the fourth quarter due in part to strong sales in China, India and Brazil.

February 2, 2010
BusinessLogisticsFuelGovernment

Diesel Drops 5.2¢ to $2.781 in Third Straight Decline

Diesel’s national average price fell 5.2 cents to $2.781 a gallon, matching the biggest drop in six months, the Department of Energy said Monday.

February 2, 2010
GovernmentBusinessSafety

Napolitano Stresses Need for Port Security

°®¶¹´«Ã½land Security Secretary Janet Napolitano addressed the need to strengthen cargo screening procedures at a meeting Monday in Fort Lauderdale, Fla., with law enforcement officials and members of the private sector doing business at ports.

February 1, 2010
GovernmentBusiness

Trucking Cool to Higher Speed Limit in Va.

The trucking industry is hesitant about a proposal from Virginia Gov. Bob McDonnell (R) to raise the speed limit to 70 mph in some places.

February 1, 2010
BusinessSafetyGovernmentFuel

Knight Orders 370 New 2010 Trucks from Volvo

Knight Transportation has placed an order for 370 2010 model Volvo VN trucks with selective catalytic reduction technology, Volvo Trucks North America said Monday.

February 1, 2010
BusinessSafetyGovernment

ISM Manufacturing Index Rises for Sixth Month

An index of U.S. manufacturing activity expanded in January for the sixth straight month to the highest level in five and a half years, the Institute for Supply Management said Monday.

February 1, 2010
GovernmentBusiness

Construction Spending Falls 1.2%

Construction spending fell 1.2% in December, the Commerce Department said Monday.

February 1, 2010
GovernmentBusiness

Michigan Seeks Private Partners For Bridge Project

Michigan has issued a request for “proposals of interest†from private investors to partner with the state and Canada in building the planned new bridge between Detroit and Windsor, Ontario.

February 1, 2010