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.

FuelGovernmentBusiness

Consumer Confidence Rises in August

Consumer confidence rose in August, as fuel prices fell as gasoline prices fell, the New York-based Conference Board said Tuesday.

August 26, 2008
BusinessTechnologyGovernment

Oil Gains on Concern Over New Hurricane

Oil prices rose early Tuesday on concerns that newly formed Hurricane Gustav may be on track to move into the Gulf of Mexico, the Associated Press reported.

August 26, 2008
Business

Detroit Diesel Revamps Web Site

Engine maker Detroit Diesel Corp. said Monday it has revamped its Web site, making it easier to find Detroit Diesel products, services and dealers.

August 25, 2008
BusinessGovernmentEquipmentSafetyTechnologyAutonomous

Freightliner to Offer Meritor WABCO System

Freightliner Trucks, part of Daimler Trucks North America, said it will offer Meritor WABCO’s new automatic forward-collision warning and braking system on its models Cascadia and Century Class S/T tractors.

August 25, 2008
BusinessSafetyLogisticsAutonomous

Truck Driver Appreciation Week Is Under Way

The annual National Truck Driver Association Week began Sunday and will run through Saturday, American Trucking Associations said.

August 25, 2008
BusinessSafetyLogisticsAutonomous

Heritage Transport’s Dennis Shirar Is Truck Driving Grand Champion

Dennis Shirar, a driver with Indianapolis-based Heritage Transport who has driven 3 million accident-free miles, was named the 2008 National Truck Driving Grand Champion, American Trucking Associations said.

August 25, 2008
Business

UPS Freight Improves Transit Times

UPS Inc.’s less-than-truckload unit UPS Freight said Monday it has improved transit times on more than 1,200 traffic lanes in the Midwest, Northeast and Mid-Atlantic regions.

August 25, 2008
BusinessLogistics

Existing °®¶¹´«Ã½ Sales Rise 3.1%

Existing homes sales rose 3.1% in July, the National Association of Realtors said Monday.

August 25, 2008
BusinessEquipment

Cummins Adds to Market Share in 2008 as Caterpillar’s Engine Sales Decline

Independent engine manufacturer Cummins Inc. continued increasing its market share in heavy-duty engines during the first half of 2008, while sales by competitor Caterpillar Inc. dwindled, WardsAuto.com reported.

August 25, 2008
Business

Oil Rises Above $115 Following Big Drop Friday

Oil rose slightly in early trading Monday following a big drop Friday to below $115 a barrel, Bloomberg reported.

August 25, 2008