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

YRC, Lenders Agree to Extension on Covenant

YRC Worldwide said it has finalized an agreement with its lenders to suspend payments to its covenant until Oct. 30.

October 13, 2009
BusinessSafetyLogistics

Ontario Truckers to Be Exempt for 3 Years from Ban on Handheld Radio Devices

Truckers in Ontario got a three-year exemption from the Canadian province’s broad new ban on using handheld devices for their use of citizens band or two-way radios.

October 13, 2009
FuelBusinessLogisticsGovernment

Gas Falls 4.5¢ in Two Weeks to $2.47, Lundberg Says

Gasoline’s national average price continued its downward trend, falling 4.5 cents in the past two weeks to $2.47 a gallon, according to latest Lundberg Survey of fuel prices.

October 13, 2009
Business

Oil Tops $74 a Barrel

Oil rose above $74 Tuesday for the first time in two months, as the dollar declined against world currencies, Bloomberg reported.

October 13, 2009
GovernmentBusinessSafety

Economy, Government Rules Lead ATRI Survey of Truckers’ Concerns

LAS VEGAS — The economy and government regulations top the list of the trucking industry’s concerns, according to the latest survey from the American Transportation Research Institute.

October 12, 2009
GovernmentBusinessSafetyFuel

Ports’ Clean Trucks Goals Will Be Met by 2010, Los Angeles and Long Beach Officials Say

Officials with the ports of Los Angeles and Long Beach said they expect to reach their clean trucks goal of reducing port diesel emissions 80% by the end of 2010 — a year or more ahead of schedule.

October 12, 2009
Letters to the EditorBusinessSafetyGovernment

Letters to the Editor: Distracted Driving, Cap & Trade Redux

Cell-phone use, particularly texting while driving any vehicle, is as dangerous an act as is driving while impaired and makes no sense at all — especially while driving a commercial motor vehicle.

October 12, 2009
EditorialBusinessSafety

The Tough Keep Going

“That which does not kill you makes you stronger.” That would have been an appropriate theme for the 2009 American Trucking Associations’ Management Conference & Exhibition.

October 12, 2009
Business

Job Losses in Trucking Slow During September

The U.S. economy lost 263,000 jobs in September, bringing the overall unemployment rate to 9.8%, the highest level since 1983, but the number of job cuts in trucking was less than 5,000 for the third month in a row, the Labor Department said.

October 12, 2009
GovernmentBusinessSafetyFuel

Fleet Execs See Green in Going Green

LAS VEGAS — Fleet executives said that while going green does provide societal and environmental benefits, the biggest benefit to carriers is that is saves money in fuel and other costs.

October 12, 2009