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.

Government, Business

Housing Starts, Construction Permits Drop in February

Housing starts fell in February and construction permits fell to the lowest level in 16 years, the Commerce Department said Tuesday.

March 18, 2008
Business

I-95 in Philadelphia May Reopen Wednesday Night

A two–mile stretch of Interstate 95 in Philadelphia that has been closed since early Tuesday morning could open as soon as Wednesday night, Pennsylvania Gov. Ed Rendell’s office said in a statement.

March 18, 2008
Business, Fuel, Government

EPA to Award $5 Million for Midwest Clean-Diesel Projects

The Environmental Protection Agency’s Midwest Clean Diesel Initiative said Friday today announced that it expects to award about $5 million in grants for diesel-emission reduction projects in five Midwestern states.

March 17, 2008
Business

Industrial Production Falls 0.5% in February

U.S. industrial production fell 0.5% in February, the first decline in four months, the Federal Reserve said Monday.

March 17, 2008
Fuel, Business, Safety, Government

ATA Projects Record Diesel Fuel Costs for 2008

American Trucking Associations is projecting a record high diesel fuel bill for the trucking industry this year, at $135 billion.

March 17, 2008
Fuel, Business

Volvo Displays ‘Green’ Trucks to Run on Alternative Fuels

WASHINGTON — Global truck producer Volvo AB recently demonstrated trucks that can run on one of seven different alternative fuels, but company officials said they could not forecast when an over-the-road model of any of these seven trucks might be available.

March 17, 2008
Business, Fuel, Logistics

Schneider Sets Fuel-Hauling Service

Truckload carrier Schneider National said Monday it has added fuel-hauling capabilities to its bulk hauling division.

March 17, 2008
Business, Technology, Equipment, Safety

Navistar, BAE Awarded Military Truck Order

Navistar International Corp. and BAE Systems won 99% of a $1.1 billion Pentagon order for blast-resistant trucks, Bloomberg reported.

March 17, 2008
Business, Government

New York State Manufacturing Index Falls to Record Low

Manufacturing growth in New York state fell to the lowest rate ever in March, the Federal Reserve Bank of New York said Monday.

March 17, 2008
Business, Safety, Government, Technology, Equipment

DOT’s Road-Privatization Policy Draws Criticism

The Department of Transportation’s plan to privatize many public roadways by using more tolls has come under intense criticism by those who believe the federal highway system was set up to be paid for by taxpayers, the Washington Post reported Monday.

March 17, 2008