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.

BusinessTechnologyEquipmentSafety

Navteq Will Add Red Lights to Speed-Camera Alert Sites

Navteq developed a red-light camera warning system that is being bundled into an existing speed-camera alert system, the company said.

June 15, 2009
BusinessGovernment

Congress Views Hybrid Truck Demonstration

Seventeen medium- and heavy-duty trucks with hybrid engines rolled onto Capitol Hill June 11 as equipment manufacturers demonstrated the vehicles for legislators and staff.

June 15, 2009
BusinessGovernment

Wyoming Considers Truck-Only Tolls on I-80

A Wyoming state legislative committee said that if part of Interstate 80 in the state becomes a toll road, they would prefer charging trucks only, the Associated Press reported.

June 15, 2009
BusinessSafety

Volvo’s North American Deliveries Fall 62% in May

The Volvo Group said Monday its North American heavy-duty truck deliveries fell to 1,115 vehicles, down 62% from a year ago.

June 15, 2009
BusinessLogisticsGovernment

Gas Climbs 17¢ to $2.66 a Gallon, Lundberg Says

The national average price of regular gasoline continued to climb, gaining 17 cents in the past two weeks to $2.66 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

June 15, 2009
Letters to the EditorBusinessGovernmentSafety

Letters: Dropping Rates, Volvo Disagrees

Since 1978, when I started operations, I have watched the trucking industry continually tear itself down. There will always be another fool with enough money to buy a cheap truck, charge below-profit rates and go out of business, while the next fool is in line to take his or her place.

June 15, 2009
EditorialBusinessSafetyGovernment

Safety Begins Behind the Wheel

An emphasis on driver behavior runs through an 18-point plan developed by American Trucking Associations to reduce crashes involving cars and trucks. Chilling statistics illuminate why this kind of focus is essential.

June 15, 2009
Business

Optimism Grows Among Fleet Owners about Economic Recovery, Survey Finds

Fleets are becoming more optimistic about a trucking recovery in the next 12 months, but carriers said the current market still is plagued by freight rates that are scraping the bottom.

June 15, 2009
BusinessFuelSafetyGovernment

Hodges Says Cap-and-Trade Plan Threatens Trucking’s Viability

A House cap-and-trade energy bill would “add another layer of volatility†to the already erratic price of diesel fuel that could jeopardize the economic viability of trucking companies, Tommy Hodges, first vice chairman of American Trucking Associations, said last week.

June 15, 2009
BusinessSafetyGovernment

Coalition Urges Congress to Curb Oil Speculation

A coalition of industry groups including American Trucking Associations petitioned congressional leaders to pass legislation to rein in “excessive speculation and opaque trading activity†in oil markets.

June 15, 2009