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.

Business

Pickens Calls for Federal Funding for Natural Gas-Powered Trucks

WASHINGTON 鈥 Billionaire oil executive T. Boone Pickens told a group of mayors he still hopes the federal government will allocate $28 billion for natural gas-powered heavy-duty trucks as a 鈥渂ridge鈥 to future technologies.

February 2, 2009
EquipmentBusinessFuelGovernmentTechnologySafety

Paccar Offers Aftermarket Particulate Filter

Paccar Inc.鈥檚 parts dealers are offering the company鈥檚 Engine Control Systems Purifilter, an aftermarket passively regenerating diesel particulate filter approved by the California Air Resources Board for installation and use in a wide variety of Class 8 trucks.

February 2, 2009
GovernmentBusiness

Lawmakers Consider Requiring Snow and Ice Removal from Vehicles

Two states and the District of Columbia may soon enact legislation requiring drivers to remove snow and ice from atop their vehicles, news outlets have reported.

February 2, 2009
BusinessSafety

Letters to the Editor: Cell-Phone Ban, Infrastructure Funds

Why is using a cell phone while driving likened to drunken driving? As long as you have your hands free and you have a Bluetooth device or a headset, I do not see a problem.

February 2, 2009
BusinessGovernment

Ohio Truckers Seek 65-mph Speed Limit

Truck drivers in Ohio are asking state lawmakers to raise the highway speed limit for large trucks to a 65 mph limit, matching the speed limit for passenger cars, saying such a change would help make roadways safer, the Associated Press reported.

February 2, 2009
GovernmentBusiness

Personal Spending Falls for Sixth Straight Month

Consumer personal spending fell for a record sixth straight month in December, the Commerce Department said Monday.

February 2, 2009
Business

Opinion: Survival of the Fittest 鈥 and Hungriest

Picture yourself traveling across hundreds of miles of rural farmland dotted with tiny villages. Men are out in the fields, working the soil with oxen. Others are cutting down wheat by hand and stacking the stalks for market. It鈥檚 hard work by anyone鈥檚 standards.

February 2, 2009
BusinessSafetyGovernment

December Truck Tonnage Plummets 14.1%

December truck tonnage plummeted 14.1% from year-earlier levels and 11.1% from November, the worst freight performance in more than a decade.

February 2, 2009
GovernmentBusinessFuel

Spot Market Freight Rates Dive as Recession Slashes Demand

Rates for freight services bought on the spot market have nose dived to 1990s levels as shrinking fuel surcharges have sent prices falling further while the recession continues to ravage shipping demand.

February 2, 2009
GovernmentBusinessSafety

FMCSA Withdraws EOBR Rule For Review, Possible Expansion

The Federal Motor Carrier Safety Administration has pulled back its formal proposal to require some carriers to use electronic onboard recorders, with indications the Obama administration may want to expand their use.

February 2, 2009