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.

BusinessFuelGovernment

Diesel Falls 4.4¢ to $4.648; Gas Dips 0.3¢ to $4.079

The average price of diesel fell for the third time in the past four weeks, declining 4.4 cents to $4.648 a gallon, the Department of Energy said Monday.

June 24, 2008
FuelBusinessGovernment

ASTM Panel Votes to Modify Biodiesel Standards

Engineering standards group ASTM International voted to tighten standards on pure and blended biodiesel fuel during meetings last week in Vancouver, British Columbia.

June 23, 2008
FuelBusinessGovernment

ASTM Panel Votes to Modify Biodiesel Standards

Engineering standards group ASTM International voted to tighten standards on pure and blended biodiesel fuel during meetings last week in Vancouver, British Columbia.

June 23, 2008
BusinessFuel

Oil Rises Above $137 Despite Saudi Pledge to Boost Output

Crude oil rose to topped $137 a barrel on Monday before falling back, despite a pledge by Saudi Arabia over the weekend to boost production by 200,000 barrels a day, Bloomberg reported.

June 23, 2008
FuelBusinessTechnologyEquipmentSafety

Ryder Offers New GPS Tool

Ryder System is offering its customers a new high-tech tool to help its customers save fuel, the Miami Herald reported Monday.

June 23, 2008
Business

XATANET Adds Proof-of-Delivery Functions

Mobile communications and software provider Xata Corp. said it has added proof-of-delivery functionality to its flagship XATANET fleet operations software.

June 23, 2008
BusinessSafetyGovernment

iTECH: Putting the ‘Gee!’ in GPS

Dynamic traffic reporting — and eventually predictive analysis that forecasts when and where those soul-draining backups and bottlenecks will pop up — could be just what the doctor ordered.

June 23, 2008
BusinessLogisticsGovernment

Gasoline Average Rises to $4.10 a Gallon, Lundberg Says

Gasoline prices rose 10 cents in the past weeks ended Friday to a national average of $4.10 a gallon, the latest Lundberg Survey of filling stations reported.

June 23, 2008
BusinessSafety

Driver Turnover Rates Decline, but Trucking Expects Reversal

Driver turnover at truckload carriers with annual revenue of more than $30 million declined to 103% in the first quarter, the lowest annualized rate in five years, American Trucking Associations reported.

June 23, 2008
GovernmentBusinessSafety

Car Haulers, Teamsters Union Set Deal

The Teamsters union last week agreed to a new labor contract with 10 auto transporters, six days after Performance Transportation Services Inc., the sector’s second-largest fleet, closed its doors.

June 23, 2008