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.

BusinessSafetyGovernmentLogistics

Brokers Saw Decreased Profits in 2008, Survey Shows

Freight brokers and logistics providers saw profit margins decrease 5% in 2008 compared to the previous year due to volatile market conditions, a survey by transportation technology company TransCore shows.

April 6, 2009
BusinessTechnologyEquipmentSafety

Navman Wireless Tracking Software Adds Reporting

Navman Wireless has added a reporting system to its Internet-based tracking software, Online-AVL, the company said.

April 6, 2009
BusinessTechnologyEquipmentSafety

Old Dominion to Install PeopleNet’s Onboard Systems

Less-than-truckload carrier Old Dominion Freight Line said it will install PeopleNet’s onboard communications systems across its entire fleet of 5,100 trucks.

April 6, 2009
Business

Frozen Food Express Cuts Jobs

Frozen Food Express Industries said it has reduced its workforce since January due to lower freight volumes and that it lower anticipated first-quarter revenues and earnings.

April 6, 2009
Business

Navistar Gets $180 Million U.K. Deal

Navistar International Corp. said Monday that its defense unit has finalized a $180 million deal with the United Kingdom to purchase 262 tactical wheeled vehicles and parts.

April 6, 2009
BusinessGovernment

Illinois Trucking Company Folds

An Illinois trucking company that carries mail in 14 states has closed its doors, a Wisconsin television station reported.

April 6, 2009
BusinessLogistics

Private Equity Firm Buys L.A. Trucking Company

Private equity firm Atlantic Street Capital said Monday it has acquired EZE Trucking, which provides specialty logistics services for the infrastructure market. Terms were not disclosed.

April 6, 2009
Letters to the EditorGovernmentBusinessSafety

Letters: Closed Rest Areas, Those Railroad Ads (Cont.), Diesel Prices, Road Tax, Honoring Covenants

Someone needs to read the article that was published about the truck driver shot and killed in Knoxville, Tenn.

April 6, 2009
EditorialBusinessSafetyGovernment

Reopening the Border

We’re pleased to see that President Obama’s administration is at work crafting a plan to reopen the United States to trucks from Mexico, as agreed to years ago when the North American Free Trade Agreement was ratified.

April 6, 2009
GovernmentBusinessSafety

Coast Guard to Review Biometric Devices in Bid to Make TWIC Cards More Secure

The U.S. Coast Guard is beginning to review how biometric devices should be added to federal transport security cards that are becoming mandatory for truckers and everyone else who wants access to secure port areas.

April 6, 2009