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.

BusinessGovernment

New °®¶¹´«Ã½ Sales Rise 3.3%

New home sales increased 3.3% in April, the Commerce Department said Tuesday.

May 27, 2008
BusinessSafetyGovernment

Knight Boosts Dividend

Knight Transportation said Tuesday its board increased its quarterly dividend to 4 cents a share, from 3 cents.

May 27, 2008
FuelBusinessGovernment

More Truckers Selling Their Rigs, Times Says

Thousands of U.S. truckers unable to make money because of rising fuel prices are selling their trucks, in what may be the biggest cut in the U.S. trucking fleet since trucking deregulation in 1980, the New York Times reported Tuesday.

May 27, 2008
GovernmentBusinessSafety

British Truckers Jam London in Diesel Protest

Hundreds of trucks blocked traffic in central London Tuesday to protest soaring diesel prices there, the Associated Press reported.

May 27, 2008
GovernmentBusiness

Consumer Confidence Plunges to 16-Year Low

Consumer confidence fell to a 16-year low this month, the New York-based Conference Board said Tuesday.

May 27, 2008
BusinessSafetyGovernment

Seat-Belt Use to Be Focus of CVSA’s Roadcheck Event

The use of safety belts by commercial drivers will be a major focus of the International Roadcheck 2008 event, safety officials said.

May 27, 2008
BusinessGovernmentSafety

Truck Pre-Buy Unlikely in ’09; Execs Confident in New Engines

NEW YORK — Executives with four of the largest U.S. trucking fleets all said they are not planning to pre-buy trucks next year.

May 27, 2008
Business

Navteq Updates Database on Traffic Patterns

Digital map provider Navteq said it has released version 3.0 of its Traffic Patterns North America database.

May 27, 2008
BusinessGovernment

House OKs Excise Tax Exemptions for APUs

The House of Representatives passed a bill last week that included a tax break for companies purchasing trucks with auxiliary power units or advanced insulation by exempting the cost of those items from the federal excise tax on trucks.

May 27, 2008
Business

SoCal Thieves Steal Six Big Rigs; Strip Steel Rolls

Thieves stole six tractor trailers in Long Beach, Calif., that were carrying 40,000-pound steel coils valued at $150,000, the Long Beach Press-Telegram reported Tuesday.

May 27, 2008