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.

Business, Logistics

Economic Doldrums Affect Two IT Meeting Schedules

The The Information Technology & Logistics Council, citing economic conditions, postponed until midsummer its annual conference, originally scheduled for March 22-25.

April 13, 2009
Business, Equipment

ArvinMeritor Says Cuts Have Saved $430 Million

Truck components maker ArvinMeritor said Monday it has saved about $430 million on an annual basis in cost-reduction measures taken since October.

April 13, 2009
Business, Logistics, Government

Gasoline Gains 9.6¢ to $2.048 a Gallon

Gasoline’s national average price rose nearly a dime in the three weeks ended Friday to $2.048 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

April 13, 2009
Business, Government, Safety

iTECH: Can Technology Lift the LTL Barrier?

Conga lines of idle trucks waiting to clear U.S. customs are daily a fact for trade traffic at America’s major border-crossing points, north and south.

April 13, 2009
Business, Government, Safety, Fuel

Opinion: With T&L 2.0, David Can Beat Goliath

Most Transport Topics readers have experienced the current downturn firsthand — dwindling freight demand, fluctuating fuel prices, clean-engine mandates and downward-spiraling leading indicators.

April 13, 2009
Fuel, Business, Equipment

Federal Researchers Confirm Claims Single Wide Tires Boost Fuel Economy

Federal researchers said they have confirmed manufacturers’ claims that single wide tires can boost a truck’s fuel economy, but one tire expert said they may not be suitable for every fleet.

April 13, 2009
Business, Equipment

Cadec Gets $4 Mln. Funding Boost From Thule

Cadec Global, which offers fleet management services, said it has received an additional $4 million in funding from Thule Investments that will be applied to support further growth.

April 13, 2009
Business, Fuel

FleetCor Acquires CLC to Expand Client Services

FleetCor Technologies, which operates an international network of fuel-card programs, said it has acquired Corporate Lodging Consultants from Nautic Partners of Providence, R.I., to broaden its service offerings.

April 13, 2009
Fuel, Business, Logistics

Wabash National Explores Possible Sale

Trailer maker Wabash National Corp. said it is exploring strategic alternatives — including divestitures, changes to its capital structure and a merger or a sale — following a default under a revolving credit agreement.

April 13, 2009
Business, Government

Baltimore Trucking Co. Folds

Baltimore’s Bond Transfer Co. filed for Chapter 7 bankruptcy protection and has liquidated, the Maryland Daily Record newspaper reported.

April 13, 2009