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.

GovernmentBusinessSafety

Small Plane Makes Rush Hour Landing on N.J. Turnpike

A small airplane reporting on traffic made an emergency landing on the New Jersey Turnpike Monday morning, the Associated Press reported. No one was injured.

February 1, 2010
BusinessGovernment

Consumer Spending Rises for Third Month

Consumer personal spending rose 0.2% in December, the third straight increase, the Commerce Department said Monday.

February 1, 2010
BusinessSafety

Trucking Cargo Thefts on Rise, Journal Reports

Cargo theft from big rigs jumped 67% last year, the Wall Street Journal reported Monday.

February 1, 2010
Letters to the EditorBusinessGovernmentSafety

Letters: Truck Size & Weight, HOS Not Safe, Game Plan

In questions of safety, heavier trucks are not the answer.

February 1, 2010
EditorialBusinessSafetyGovernment

The Return of Growth

At long last, we report this week that American Trucking Associations’ freight index actually rose, as tonnage carried by fleets in December was 6.6% greater than what was moved in the same month of 2008.

February 1, 2010
BusinessSafetyGovernment

Sleeper Flexibility Would Improve HOS Rule, Trucking Industry Tells FMCSA at Hearing

DALLAS — Carrier officials and drivers told federal regulators that the hours-of-service rules work well, but could be improved by allowing more flexibility in the use of truck sleeper berths.

February 1, 2010
BusinessGovernmentSafety

DOT Bans Truck, Bus Operators from Texting While Driving

WASHINGTON — Transportation Secretary Ray LaHood last week issued an order immediately forbidding commercial drivers from texting on handheld mobile devices and instituting steep fines for violators.

February 1, 2010
BusinessSafetyTechnologyEquipment

Bose Corp. Unveils Sophisticated Truck Seat Designed to Ease Wear and Tear on Drivers

FRAMINGHAM, Mass. — Bose Corp., the acoustics company best known for its high-end audio equipment and noise-canceling headphones, last week unveiled a sophisticated heavy-duty truck seat designed to ease the wear and tear on drivers.

February 1, 2010
BusinessGovernment

Infrastructure Funds, Tax Cuts Can Create Jobs, Obama Says

In his first State of the Union address, President Obama called on Congress to pass legislation to create jobs through infrastructure spending and tax cuts, but his proposed freeze in nondefense spending starting in 2011 could complicate the passage of a new highway bill, observers said last week.

February 1, 2010
Business

Financing Market Seen Returning to Normal, But Loans to Fleets Are Becoming More Costly

Although the overall credit market appears to be returning to some semblance of normalcy, trucking executives said they still face higher borrowing costs as many commercial banks remain cautious about lending and uncertainty persists about the U.S. economic recovery.

February 1, 2010