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

Retail Sales Rise 0.2% in March

Retail sales rose 0.2% in March, the Commerce Department said Monday.

April 14, 2008
Business

Volvo Field Testing Hybrid Refuse Trucks in Sweden

Volvo Truck Corp. said Monday it launching two hybrid refuse trucks in Sweden that will be tested in regular daily operations by two refuse firms there.

April 14, 2008
GovernmentBusiness

iTECH: RFID Finds Place on Trucks in Port Service

Shippers may have more interest in radio frequency identification tags than do general freight truckers. After all, RFID tags are a wireless form of bar-code stickers and data capture, and RFID is widely marketed as a tool for inventory and warehousing.

April 14, 2008
GovernmentBusinessSafetyEquipment

UAW Rejects Mediator on American Axle Strike, Paper Reports

Parts supplier American Axle & Manufacturing Holdings has asked a federal mediator to help broker a deal to end the a 48-day strike, but offer was rejected by the United Auto Workers union, the Detroit News reported Monday.

April 14, 2008
BusinessFuelGovernment

DOE Says 89% of Biodiesel Met Standards In 2006; Trucking Calls Rate Unacceptable

Nearly 90% of the biodiesel available for sale in the United States meets the established standards for quality, an improvement over past surveys but still an unacceptable situation for trucking, a new report by the Department of Energy said.

April 14, 2008
FuelGovernmentBusiness

Fleets Seek Fuel Savings

Stung by the sharp rise in diesel prices, fleet executives are pushing to find new ways to stretch their fuel dollars and recover as much of their costs as possible.

April 14, 2008
BusinessFuelSafetyGovernment

China’s Olympics Clean-Up Plan Could Snarl Shipments to U.S.

Plans by the Chinese government to close factories in and around Beijing and Shanghai this summer to reduce air pollution for the 2008 Summer Olympics could cause early or late peak seasonal surges in exports to the United States, shipping industry executives and transportation experts said.

April 14, 2008
FuelBusinessGovernment

Analysts Predict Lower Profits for Trucking in First Quarter

Unfavorable economic trends and fuel prices will collaborate to propel trucking companies’ first-quarter earnings below year-ago levels and will lead to a shrinkage of the fleet in the truckload sector, industry analysts said.

April 14, 2008
BusinessGovernment

Diesel Slips to $3.955; Gas at Record

U.S. diesel prices remained at historically high levels last week, even though the official retail average dropped 0.9 cent to $3.955 a gallon, leading several trucking executives to express concern over the future of independent drivers and small fleets, and others to push for government action.

April 14, 2008
BusinessSafetyGovernment

California Bonds Will Help Boost Freight Movement

A $3 billion slate of highway, rail and seaport improvements approved for funding by the California Transportation Commission includes $825 million for 14 projects in Northern California, the San Francisco-area Metropolitan Transportation Commission said.

April 11, 2008