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.

BusinessEquipment

GM to Exit Medium-Duty Truck Production

General Motors Corp. will exit its medium-duty truck business, ending production of its two models in the class by the end of July, the Associated Press reported Monday.

June 8, 2009
BusinessGovernment

Teamsters to Review YRC’s Pension Issues

The Teamsters union said it has formed a committee that will consider elements of less-than-truckload carrier YRC Worldwide’s pension plan provisions.

June 8, 2009
GovernmentBusinessSafety

Teamsters Oppose Ferro Nomination; Trucking Groups Supportive

The Teamsters union said it opposes the nomination of Anne Ferro to be the next administrator of the Federal Motor Carrier Safety Administration, but one of the main groups that has often been allied with the union on safety issues was not a signatory to its letter to the Obama administration.

June 8, 2009
BusinessSafetyGovernment

ATA, Trade Groups Seek Review of Commodity Speculation

American Trucking Associations said it has joined other trade associations in asking Congress to help prevent excessive speculation in commodities markets.

June 8, 2009
BusinessEquipment

Eaton Launches Site to Target Stimulus Projects

Vehicle parts manufacturer Eaton Corp. said it has created a new Web site designed to help companies and government agencies launch projects funded through the federal stimulus plan.

June 8, 2009
Business

Obama Says 600,000 New Jobs Coming from Stimulus

President Obama said Monday his administration would deliver more than 600,000 jobs through its $787 billion stimulus plan this summer, the Associated Press reported.

June 8, 2009
Letters to the EditorBusiness

Letter to the Editor: Technology and Training

Where would the trucking industry be without technology? Consider for a moment the vast array of technology available to carriers and the benefit each provides.

June 8, 2009
EditorialBusinessFuelGovernment

Ongoing Fuel Price Increases

Retail diesel prices in the United States hit their highest mark since December, as increasing crude oil costs work deeper into the fuel supply.

June 8, 2009
BusinessGovernmentSafety

Navistar’s Stance on 2010 Regulations Difficult, Analysts Say

Navistar Inc. could face an uphill battle in its challenge to the Environmental Protection Agency’s 2010 truck exhaust regulations, industry analysts and other manufacturers said.

June 8, 2009
BusinessGovernment

Truck Size Issue a Challenge, FHWA Nominee Mendez Says

WASHINGTON — Victor Mendez, the Obama administration’s choice to head the Federal Highway Administration, said safety and productivity would be among the factors he would consider when examining possible changes to federal truck size-and-weight limits.

June 8, 2009