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.

GovernmentBusinessSafety

Navman Adds Truck Routing to M-Nav Series of Handheld GPS Units

Navman Wireless has added truck-specific routing to the M-Nav 750, the latest incarnation of the Glenview, Ill., company’s handheld GPS unit for fleet users.

July 13, 2009
BusinessSafetyGovernment

DOT Gives $386 Mln. Loan for N.C. Highway

The Department of Transportation has approved a $386 million loan to finance construction on the Triangle Expressway in North Carolina.

July 13, 2009
BusinessLogistics

Expeditors Releases 2Q Earnings Guidance

Logistics firm Expeditors International of Washington said Monday its second-quarter earnings will likely be 24 cents to 26 cents per share, down from 32 cents a year ago.

July 13, 2009
BusinessTechnologyFuel

Navistar Says Final 2010 Engine Testing on Track

Navistar International Corp. said Monday that it is on track with final testing of its exhaust gas recirculation MaxxForce engines to meet 2010 emissions standards.

July 13, 2009
Letters to the EditorBusiness

Letters: Factor vs. Bank, Highway Reauthorization

In normal financial times, banks usually turn down 95% of all loan requests. During today’s difficult times, banks are just not making loans — especially to new clients. So, what should you do: Give up, or go the route that can keep your business prospering and even growing?

July 13, 2009
EditorialGovernmentBusinessSafetyLogistics

Trucking’s Safety Emphasis Pays Off

At a time when good news in the trucking industry is hard to come by, the National Highway Traffic Safety Administration served up a generous helping of it last week when it said that truck-related highway fatalities plummeted 12% last year.

July 13, 2009
Business

Credit Activity Showing Positive Signs, Say Daimler, Navistar Finance Units

Truck finance executives said recent credit activity indicates financial improvement in trucking, although they saw no signs of a truck sales recovery, while separately, market researcher R.L. Polk & Co. said new truck registrations are likely to hit bottom this year.

July 13, 2009
BusinessGovernmentSafetyFuel

EU Imposes Tariffs on U.S. Biodiesel Fuel

The European Union last week imposed tariffs on biodiesel imported from the United States to counter low prices it said were caused by subsidies, but a spokesman for the U.S. Trade Representative denied subsidies were the main reason for the growth of U.S. sales in Europe and that the United States would review the tariffs “closely.â€

July 13, 2009
Business

Freightliner Unveils Tractors Powered by Natural Gas

Freightliner Trucks introduced its first natural gas-powered tractor this month, and it will offer natural gas-powered vehicles in 90% of its truck applications by 2010.

July 13, 2009
GovernmentBusinessSafetyLogistics

Don’t Ignore NTSB Suggestions, Nominee Hersman Tells Congress

WASHINGTON — Debbie Hersman, President Obama’s choice to lead the National Transportation Safety Board, told a Senate committee that other transportation agencies should voluntarily adopt the board’s recommendations, and if they don’t, Congress should order them to.

July 13, 2009