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.

Business, Fuel, Safety, Government

Forward Air to Buy Houston Firm

Forward Air Corp. said it will buy transportation firm Pinch Holdings and a related company, AFTCO Enterprises, for an undisclosed sum.

March 11, 2008
Government, Business, Safety, Fuel

Con-way Reducing Its Fleet Speed to 62 MPH

Less-than-truckload company Con-way Freight said Monday it has turned back the speed governors on its 8,400-tractor fleet to run at a maximum 62 miles per hour, down from a previous 65 mph, in an effort to improve fuel conservation and reduce carbon emissions.

March 10, 2008
Fuel, Business

Survey Says 70% of Carriers Are Satisfied With ’07 Engines

A survey of 87 trucking companies operating 2007-model engines showed 70% were satisfied with them, but fuel economy, soot filters and onboard computers were the top complaints of those that were not satisfied.

March 10, 2008
Business, Safety, Government, Technology

Letters to the Editor: HOS, Crash Statistics, No Driver Shortage, Aerodynamics

I have been driving for 46 years and have been with Roadway 25 years. I think the 11-hour rule is very good. It gives you some flexibility if you have any delays.

March 10, 2008
Business, Safety, Fuel

ATA Seeks to Block Calif. Port Talks Over Clean Trucks Proposals

American Trucking Associations’ Intermodal Motor Carriers Conference has asked the Federal Maritime Commission to block the ports of Long Beach and Los Angeles and terminal operators from discussing and entering into agreements related to the ports’ clean trucks program.

March 10, 2008
Business, Government, Fuel

CARB Set to Distribute $25 Million in Truck Retrofit, Replacement Grants

California environmental regulators said they will soon decide how to distribute early grants totaling $25 million for truck retrofits and replacements to help reduce diesel emissions at the state’s ports and intermodal facilities.

March 10, 2008
Business, Safety, Government

Peters Urges Congress to Back Mexican Trucks Program

Transportation Secretary Mary Peters said Monday that Congress should not halt efforts of a cross-border trucking program between the United States and Mexico.

March 10, 2008
Business, Safety, Government

Sen. Dorgan Tells Peters DOT is ‘Arrogant’ for Refusing to Block Cross-Border Funding

Sen. Byron Dorgan (D-N.D.) told Transportation Secretary Mary Peters that her department was “arrogant†in its refusal to go along with what he said Congress intended when it prohibited funding for the DOT’s controversial U.S.-Mexico border trucking program.

March 10, 2008
Government, Business, Technology, Equipment, Safety

Midwest Hit By Snowstorm

Highway and utility crews worked overtime Sunday to recover from a big storm system that buried Ohio and other parts of the Midwest in snow, the Associated Press reported.

March 10, 2008
Business, Safety, Government

Trimac Reports Fourth-Quarter Profit

Canada-based transportation firm Trimac Income Fund said its fourth-quarter net earnings were C$2.2 million or about 9 cents per unit, compared with C$3.1 million or 8 cents a year earlier.

March 10, 2008