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, Safety, Government

NAFTA Surface Trade Jumps 15.9%

Surface trade among the United States, Canada and Mexico jumped 15.9% in July from the same month a year ago, the Department of Transportation said Tuesday.

September 30, 2008
Fuel, Business, Logistics, Government

Diesel Gains 0.1¢ to $3.959; Oil Falls Below $100 a Barrel

Diesel fuel’s national average price rose 0.1 cent to $3.959 a gallon, its first increase in 11 weeks, the Department of Energy said Monday.

September 30, 2008
Business, Government

Consumer Confidence Improves in September

U.S. consumer confidence improved in September, according to the latest Reuters/University of Michigan monthly consumer sentiment index, released Tuesday.

September 30, 2008
Business, Logistics, Government

Chicago Manufacturing Index Slows

Manufacturing activity in the Chicago region grew in September, the National Association of Purchasing Management said Tuesday.

September 30, 2008
Business

Volvo to Trim European Truck Production

Volvo AB, the world’s second-largest truckmaker, will cut about 1,400 jobs at factories in Belgium and Sweden because of a slowdown in European demand, the company said Tuesday.

September 30, 2008
Business, Fuel, Technology, Equipment, Safety, Government

Demand for Fuel Optimization Product Gains as Pump Prices Increase, TMW Systems Says

ORLANDO, Fla. — A fuel-optimization module acquired 12 months ago has since become a leading growth product for software vendor TMW Systems, which held its annual user conference in the heart of this resort-rich peninsula last week.

September 29, 2008
Business, Fuel

EPA Awards $3.4 Million in Clean Diesel Grants

The U.S. Environmental Protection Agency Wednesday announced the first $3.4 million for clean diesel projects under the agency’s diesel emissions reduction program.

September 29, 2008
Fuel, Business

Clean Energy Building CNG Fueling Stations Near Airports

Clean Energy Fuels Corp. said Monday it will own, operate and supply fuel for new compressed natural gas public access stations to support ground operations at airports in Atlanta and Oklahoma City.

September 29, 2008
Business

Minnesota Trucker Buys Wisconsin Carrier

J&R Schugel Trucking, New Ulm, Minn., is buying Wisconsin-based Martin Trucking Co., and will make Martin’s facility its fifth terminal, the Tomah (Wis.) Journal reported Sunday.

September 29, 2008
Fuel, Business

Diesel Volumes at Truck Stops Declined in August, NATSO Says

Diesel volumes at truck stops continue this year to decline over volumes a year ago, according to a fuel survey conducted by a truck stop trade group.

September 29, 2008