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

Scania鈥檚 4Q Profit Declines

Swedish truck maker Scania AB鈥檚 fourth-quarter net income fell to about $180 million, or 23 cents a share in the first quarterly earnings drop in more than three years, Bloomberg reported.

February 3, 2009
BusinessLogistics

Carrier Logistics Offers Fleets Web-Based Software Product

Carrier Logistics Inc., a software provider focused on less-than-truckload carriers and logistics companies, said that it rolled out a Web-based, pay-as-you-go version of its FACTS freight management software.

February 3, 2009
BusinessSafetyGovernment

ISM Manufacturing Index Contracts

Manufacturing in the U.S. contracted in January for the 12th straight month, the Institute for Supply Management said Monday.

February 2, 2009
FuelBusiness

Wal-Mart to Test Hybrid and Alternative Fuel Trucks

Wal-Mart Stores will test two types of hybrid trucks and two types of alternatively fueled trucks, the company announced Monday.

February 2, 2009
GovernmentBusiness

Construction Spending Falls 1.4%

Construction spending fell 1.4% in December, the Commerce Department said Monday.

February 2, 2009
BusinessLogistics

Vitran Opens Southern Calif. 3PL Facility

Vitran Logistics has opened a distribution center in Ontario, Calif., in order to serve Sam鈥檚 Club, the company said.

February 2, 2009
Business

Pickens Calls for Federal Funding for Natural Gas-Powered Trucks

WASHINGTON 鈥 Billionaire oil executive T. Boone Pickens told a group of mayors he still hopes the federal government will allocate $28 billion for natural gas-powered heavy-duty trucks as a 鈥渂ridge鈥 to future technologies.

February 2, 2009
EquipmentBusinessFuelGovernmentTechnologySafety

Paccar Offers Aftermarket Particulate Filter

Paccar Inc.鈥檚 parts dealers are offering the company鈥檚 Engine Control Systems Purifilter, an aftermarket passively regenerating diesel particulate filter approved by the California Air Resources Board for installation and use in a wide variety of Class 8 trucks.

February 2, 2009
GovernmentBusiness

Lawmakers Consider Requiring Snow and Ice Removal from Vehicles

Two states and the District of Columbia may soon enact legislation requiring drivers to remove snow and ice from atop their vehicles, news outlets have reported.

February 2, 2009
BusinessSafety

Letters to the Editor: Cell-Phone Ban, Infrastructure Funds

Why is using a cell phone while driving likened to drunken driving? As long as you have your hands free and you have a Bluetooth device or a headset, I do not see a problem.

February 2, 2009