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

Justice Department Approves XM, Sirius Merger

The Justice Department approved a proposed $4.6 billion merger by Sirius Satellite Radio and XM Satellite Radio Holdings, although the deal still must be cleared by the Federal Communications Commission, Reuters reported.

March 25, 2008
BusinessSafetyGovernment

New FHWA Head Says He’s Open to Changes in ’09 Highway Bill’s Size-and-Weight Limits

WASHINGTON — The new head of the Federal Highway Administration said he was open to considering changes to truck size-and-weight limits and other truck productivity issues as part of the Transportation Department’s proposals for the 2009 reauthorization of federal transportation legislation.

March 24, 2008
GovernmentBusinessSafety

N.Y. Gov. Backs Congestion-Fee Plan

Newly seated New York Gov. David Paterson (D) backs a New York City plan to charge motorists fees in parts of Manhattan during peak business hours, the Associated Press reported.

March 24, 2008
BusinessLogistics

Existing °®¶¹´«Ã½ Sales Rise 2.9%

Existing homes sales rose for the first time in seven months in February, the National Association of Realtors said Monday.

March 24, 2008
GovernmentBusinessSafety

Ontario Eyeing Mandatory 65-Mph Speed Limiters

The government of Ontario has resurrected a plan to make speed limiters mandating maximum mandatory truck speeds at about 65 miles per hour in the province, according to the Ontario trucking Association, which backs the plan.

March 24, 2008
BusinessGovernmentFuelSafety

Opinion: Carbon Tax Limits Trucking’s Green Choices

The trucking industry is part of a grand environmental experiment being conducted in British Columbia — the first North American jurisdiction to introduce a carbon tax on all fossil fuels, including diesel, at the retail level.

March 24, 2008
FuelBusinessSafetyGovernment

ATA, Coalition Want California to Ban Temperature Controls at Gas Pumps

American Trucking Associations and the Partnership for Uniform Marketing Practices recently requested that California prohibit the use of automatic temperature compensation equipment in retail fuel sales.

March 24, 2008
Business

Feb. Truck Sales Fall 37.9%; Hopes for ’08 Rebound Waning

The heavy-duty truck sales drought continued into February, with year-over-year results declining for the 14th consecutive month, and some analysts are now predicting that any recovery won’t occur until late in the year.

March 24, 2008
BusinessFuel

L.A. Port to Banish Owner-Operators Under Emissions Plan

Port of Los Angeles officials last week approved the final piece of the port’s sweeping plan to dramatically reduce diesel emissions by replacing and retrofitting dirty trucks through a controversial employee-only business model that will phase out independent drayage operators.

March 24, 2008
BusinessSafety

Truckers Gain Hazmat Business as Railroads Spurn Toxic Gases

An effort by rail carriers to reduce the amount of toxic chemicals they haul is creating new business for some trucking companies.

March 24, 2008