Trucking 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.
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, 2009Navman 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, 2009Old 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, 2009Frozen 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, 2009Navistar 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, 2009Illinois Trucking Company Folds
An Illinois trucking company that carries mail in 14 states has closed its doors, a Wisconsin television station reported.
April 6, 2009Private 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, 2009Letters: 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, 2009Reopening 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, 2009Coast 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, 2009Trending
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