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.

BusinessSafetyGovernment

Xata Narrows Loss in 2Q

Transportation software firm Xata Corp. said Monday it lost $443,000, or 5 cents per share, in its fiscal second quarter, compared with a loss of $1.3 million, or 17 cents, a year ago.

May 4, 2009
Letters to the EditorBusiness

Letters: After the Recession

Outside of short-term survival, the biggest risk to a trucking company operating in a recession is how it is positioned when freight levels return.

May 4, 2009
EditorialBusinessGovernmentSafety

Port Plan Progress

The most onerous and misguided portions of the plan by the ports of Los Angeles and Long Beach to reshape the trucking industry there have been enjoined by a federal court, at least for now.

May 4, 2009
GovernmentBusiness

Highway Bill to Focus on Policy Changes Rather Than Costs, Oberstar Predicts

WASHINGTON — With the expiration of the current highway authorization just five months away, leaders in the House and Senate said they were preparing to draft its replacement with an eye on major structural changes.

May 4, 2009
GovernmentBusiness

ArvinMeritor Opens Remanufacturing Plant for Mascot Truck Parts Division in Ontario

MISSISSAUGA, Ontario — ArvinMeritor Inc. officially opened its new remanufacturing facility here for its Mascot Truck Parts division, the latest development in the company’s expanding presence in this niche of the truck equipment business.

May 4, 2009
GovernmentBusinessSafetyFuel

Judge Blocks Calif. Owner-Operator Ban

A federal judge last week issued a preliminary injunction blocking many of the provisions in the clean trucks plans of the Ports of Los Angeles and Long Beach, including the controversial ban on independent drayage owner-operators at Los Angeles.

May 4, 2009
BusinessGovernmentSafety

Refrigerated Fleets Stable as Other Sectors Struggle

The refrigerated sector of the trucking industry has been the only healthy activity for fleets in the current recession. Refrigerated truckload shipments grew slightly from last year, but dry vans, tankers and flatbeds all dropped substantially, industry executives and American Trucking Associations said.

May 4, 2009
GovernmentBusinessEquipment

Slumping Sales Lead to Lower Earnings For Truck Makers in North America

Weak Class 8 truck sales around the world led to plunging revenue and either losses or vastly diminished first-quarter profits for three of the four major heavy-duty truck manufacturers and both independent engine makers operating in North America.

May 4, 2009
BusinessSafetyGovernment

Corporations Review Transport Operations as Pressure Grows to Reduce Expenses

Corporate-owned truck fleets are facing growing pressure to justify their in-house freight operations as manufacturers and retailers target transportation expenses in response to the sharp nationwide downturn in sales.

May 4, 2009
BusinessSafety

Truck Tonnage Falls to ’02 Level

Truck tonnage fell in March to its lowest level in seven years, as it declined 12.2% below the levels recorded one year earlier, according to an April 27 report from American Trucking Associations.

May 4, 2009