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.

BusinessSafetyEquipmentGovernment

APU Makers Show Wares at Conference

ORLANDO, Fla. — An empty booth at the Technology & Maintenance Council’s 2009 Transportation Technology Exhibition marked the spot where auxiliary power manufacturer Rigmaster Power Corp. was to display its wares.

February 23, 2009
BusinessEquipment

Class 8 Truck Sales Hit 17-Year Low

U.S. trucking customers bought just 7,374 new Class 8 tractors in January, the lowest one-month total in 17 years and a drop of more than 5,000 units from December, WardsAuto.com reported.

February 23, 2009
BusinessSafetyGovernment

Graves Says Trucking Ready for Highway Bill Despite Uncertainty About Obama’s Agenda

With so much attention being placed on the economic stimulus legislation, trucking has not been able to uncover much about the Obama administration’s transportation policy, said Bill Graves, president of American Trucking Associations.

February 23, 2009
GovernmentBusinessSafety

Some Firms Cut New-Driver Pay as Freight Demand Stays Low

Some truckload fleets said they are selectively cutting driver pay for the first time in years to counter cost pressures as the recession dries up freight demand.

February 23, 2009
BusinessGovernmentTechnologyEquipmentSafety

State Registration Fee Plan Would Double Fleet Charges

State truck registration fees would more than double under a proposal being prepared for the Federal Motor Carrier Safety Administration under a two-year-old system Congress set up to reduce fees for for-hire carriers.

February 23, 2009
GovernmentBusiness

Glitches Cause Traffic Jam as Ports Collect New Fee

Technological glitches related to the launch of a container fee program are being blamed for congestion that jammed the ports of Los Angeles and Long Beach, Calif., on Feb. 18.

February 23, 2009
GovernmentBusinessSafety

Government Raises Presence During Recession

ORLANDO, Fla. — With the United States in a recession, the federal government is commanding a larger presence, two business lobbyists said, and while that does bring with it the potential for trouble, many executives at a manufacturers’ conference here welcomed the potential for help.

February 23, 2009
Business

Obama Signs Stimulus Package Into Law

President Obama signed a $787 billion economic stimulus package into law last week that included about $27.5 billion in highway funding, some of which already is being put to use.

February 23, 2009
GovernmentBusinessSafetyFuel

California Finishing Plans to Issue Vouchers to Help Small Carriers Buy Cleaner Vehicles

California environmental regulators are drawing up plans to issue vouchers as early as this spring to small fleets to help them pay for replacing old trucks with units carrying a 2007 or newer diesel engine.

February 23, 2009
Business

TL Fleets Review Purchase Plans as Economic Concerns Deepen

CORAL GABLES, Fla. — Some truckload fleets that plan to purchase new tractors in 2009 say they may scale back their purchases as the U.S. economy weakens further, but others said they intend to keep buying.

February 23, 2009