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

MAN Sees Trucking Alliance With Scania, VW

German truck maker MAN AG expects a merger with Swedish truck maker Scania AB and the trucks business of German carmaker Volkswagen AG will happen after VW took control of the Swedish competitor, Bloomberg reported Tuesday.

March 11, 2008
GovernmentBusinessSafetyFuelLogistics

Diesel Soars 16.1Ā¢ to $3.819; Gasoline Sets Record $3.225

The price of retail diesel fuel jumped 16.1 cents to a third straight record, reaching a national average of $3.819 a gallon, and gasoline hit a new record, the Department of Energy said Monday.

March 11, 2008
BusinessFuelSafetyGovernment

Forward Air to Buy Houston Firm

Forward Air Corp. said it will buy transportation firm Pinch Holdings and a related company, AFTCO Enterprises, for an undisclosed sum.

March 11, 2008
GovernmentBusinessSafetyFuel

Con-way Reducing Its Fleet Speed to 62 MPH

Less-than-truckload company Con-way Freight said Monday it has turned back the speed governors on its 8,400-tractor fleet to run at a maximum 62 miles per hour, down from a previous 65 mph, in an effort to improve fuel conservation and reduce carbon emissions.

March 10, 2008
FuelBusiness

Survey Says 70% of Carriers Are Satisfied With ’07 Engines

A survey of 87 trucking companies operating 2007-model engines showed 70% were satisfied with them, but fuel economy, soot filters and onboard computers were the top complaints of those that were not satisfied.

March 10, 2008
BusinessSafetyGovernmentTechnology

Letters to the Editor: HOS, Crash Statistics, No Driver Shortage, Aerodynamics

I have been driving for 46 years and have been with Roadway 25 years. I think the 11-hour rule is very good. It gives you some flexibility if you have any delays.

March 10, 2008
BusinessSafetyFuel

ATA Seeks to Block Calif. Port Talks Over Clean Trucks Proposals

American Trucking Associations’ Intermodal Motor Carriers Conference has asked the Federal Maritime Commission to block the ports of Long Beach and Los Angeles and terminal operators from discussing and entering into agreements related to the ports’ clean trucks program.

March 10, 2008
BusinessGovernmentFuel

CARB Set to Distribute $25 Million in Truck Retrofit, Replacement Grants

California environmental regulators said they will soon decide how to distribute early grants totaling $25 million for truck retrofits and replacements to help reduce diesel emissions at the state’s ports and intermodal facilities.

March 10, 2008
BusinessSafetyGovernment

Peters Urges Congress to Back Mexican Trucks Program

Transportation Secretary Mary Peters said Monday that Congress should not halt efforts of a cross-border trucking program between the United States and Mexico.

March 10, 2008
BusinessSafetyGovernment

Sen. Dorgan Tells Peters DOT is ā€˜Arrogant’ for Refusing to Block Cross-Border Funding

Sen. Byron Dorgan (D-N.D.) told Transportation Secretary Mary Peters that her department was ā€œarrogantā€ in its refusal to go along with what he said Congress intended when it prohibited funding for the DOT’s controversial U.S.-Mexico border trucking program.

March 10, 2008