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.

BusinessGovernment

Fleet Execs Confront Dealers on Padded Bills, Estimates

ORLANDO, Fla. — Fleet executives complained bluntly about what they said were padded bills for repair services, unreliable estimates and failures by service operators to offer realistic completion times.

February 16, 2009
BusinessGovernment

Less-Than-Truckload Pricing Fades in 4Q

Less-than-truckload pricing dwindled during the fourth quarter, contributing to an increase in operating ratios toward the break-even point, according to a survey of results from publicly traded companies.

February 16, 2009
BusinessSafetyGovernment

Knight Praises Trucking’s ā€˜Green’ Measures

ORLANDO, Fla. — Kevin Knight, chief executive officer of Knight Transportation, touted trucking’s efforts in recent years to become more environmentally friendly, and said the industry should work to improve its green message to the public.

February 16, 2009
Business

Pa. Governor Proposes $227 Million for Bridge Repairs, More Rail Capacity

Pennsylvania Gov. Edward Rendell (D) has proposed spending $200 million for highway bridge repairs, plus $27 million to increase freight capacity for railroads, one of which plans to build an intermodal terminal in Pittsburgh.

February 16, 2009
BusinessGovernmentSafetyTechnologyEquipment

Postal Service, UPS Team Up to Make Online Returns Easier

UPS Inc. and the U.S. Postal Service have agreed to work together to make it easier for consumers to return goods purchased online, a move that more closely aligns the nation’s mail delivery system with the largest commercial package carrier.

February 16, 2009
Business

FMC Lets Calif. Ports Collect Fees on Containers to Fund Truck Retrofits

The Federal Maritime Commission said it will allow the Ports of Los Angeles and Long Beach, Calif., starting Feb. 18, to collect container fees that will help carriers fund the replacement of older trucks with less-polluting newer models.

February 13, 2009
BusinessSafety

Rail, Intermodal Traffic Fall for Week

Rail and intermodal traffic fell for the week ended Saturday from a year ago, the Association of American Railroads said.

February 13, 2009
BusinessSafetyGovernment

Opinion: Choosing Truck-Driving Instructors

Last January, our company launched an ā€œinstructor-of-the monthā€ program. We began by inviting directors of truck-driver training programs to nominate individuals, and then we interviewed the winning instructors.

February 12, 2009
BusinessGovernment

Consumer Confidence Index Declines

U.S. consumer confidence declined this month, according to the Reuters/University of Michigan’s final monthly consumer sentiment index released Thursday.

February 12, 2009
BusinessGovernment

Retail Sales Rise 1% in January

Retail sales rose 1% in January, halting a six-month slide, the Commerce Department said Thursday.

February 12, 2009