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.

BusinessFuelGovernmentAutonomous

China’s Largest Truck Company’s Profit Rises 40%

China’s largest truck maker, Sinotruk, boosted a first-half profit 40% as consumers rushed to buy vehicles before the introduction of a new emissions regulation, Bloomberg reported Thursday.

August 28, 2008
Business

Jobless Claims Fall for Third Week

Initial jobless claims fell for a third straight week, the Labor Department said Thursday.

August 28, 2008
BusinessSafety

Missouri Sets Some Left-Lane Restrictions

Beginning Thursday, Missouri will ban big rigs from driving in the left lane of highways with three or more lanes in a single direction, the Kansas City Star reported.

August 28, 2008
GovernmentBusinessSafetyAutonomous

Editorial: Truck Driver Appreciation

A good rule of thumb is that you cannot appreciate truck drivers too much. But we’re convinced that expression of admiration for what America’s 3.5 million professional drivers accomplish on a daily basis carries a certain value.

August 27, 2008
BusinessSafetyAutonomous

Volvo’s North American Sales Drop 2%

Volvo AB said deliveries by its four truck brands rose 2% worldwide in July, but fell by 2% in North America, Bloomberg reported Wednesday.

August 27, 2008
BusinessSafetyGovernmentAutonomous

Chicago’s O’Hare Conducts Mobile Cargo Screening

The Transportation Security Administration for the first time has used a mobile X-ray machine capable of screening contents of large cargo containers to check trucks entering Chicago’s O’Hare International Airport, the Associated Press reported.

August 27, 2008
BusinessGovernment

Durable Goods Orders Rise 1.3% in July

Durable goods orders rose 1.3% in July, the Commerce Department said Wednesday.

August 27, 2008
FuelBusinessLogisticsGovernment

Diesel Falls 6.2¢ to $4.145 a Gallon

The average national price of retail diesel fuel continued its downward trend, falling 6.2 cents to $4.145 a gallon, the Department of Energy said Monday.

August 26, 2008
BusinessGovernmentSafety

Opinion: Outsourcing — Trucking’s Elephant in the Room

The transportation industry is in a dangerous place, one where even well-known industry players such as Jevic Transportation, which closed its doors in May, and Jim Palmer Trucking, which filed for Chapter 11 bankruptcy protection in July, can go under — taking their employees with them.

August 26, 2008
BusinessGovernment

New °®¶¹´«Ã½ Sales Rebound in July

New home sales rose in July from a 17-year low the previous month, the Commerce Department said Wednesday.

August 26, 2008