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.

GovernmentBusinessSafety

Smith to Build Electric Trucks in U.S.

Smith Electric Vehicles said it plans to establish a factory in the United States to produce up to 10,000 battery-powered trucks a year, starting in 2010.

December 17, 2007
BusinessGovernment

New York State Economic Index Drops

Manufacturing growth in New York state fell this month, the Federal Reserve Bank of New York said Monday.

December 17, 2007
BusinessLogisticsSafety

Ontario Issuing High-Tech Licenses

The Canadian province of Ontario has issued 15,000 new high-tech driver licenses to help combat identity theft, the Associated Press reported.

December 17, 2007
BusinessGovernmentLogistics

Canadian Trucking Revenue Shows Gain

Statistics Canada said an estimated 3,579 for-hire trucking companies in that country had annual revenues of at least C$1 million in the first quarter of 2007.

December 17, 2007
GovernmentBusinessSafety

FMCSA Keeps HOS Rule Intact

WASHINGTON — The Federal Motor Carrier Safety Administration, in a long-awaited response to a ruling striking down key portions of its driver hours-of-service regulation, said it would continue allowing drivers 11 hours behind the wheel daily and letting them reset the weekly limit after a 34-hour break.

December 17, 2007
GovernmentBusinessSafety

Trailer Registrations Down 24.7%

Truck trailer sales and production continued to lag through the third quarter, with U.S. registrations of new units down 24.7%, year-over-year, and the decline of industrywide production levels accelerating.

December 17, 2007
GovernmentBusinessSafety

Truck Fatality Rate Falls in ’06

The number of people killed in large-truck crashes for every mile driven and the rate of fatal crashes involving large trucks fell to all-time lows in 2006, according to a Transport Topics analysis of data from the Department of Transportation.

December 17, 2007
GovernmentBusinessSafetyFuel

Diesel Average Drops 9.1¢ To $3.325

Retail diesel posted its largest weekly decline of 2007, falling 9.1 cents to $3.325 a gallon following recent inventory gains and lower crude oil prices, the Department of Energy reported.

December 17, 2007
BusinessGovernmentSafetyFuel

Letters to the Editor: Port Restrictions, Biodiesel, HOS

Restricting older trucks in the ports seems to be restricting trade. If these trucks are legal to use in the state of California, they should be allowed in the ports.

December 17, 2007
BusinessLogistics

YRC, Teamsters Reach Accord

Less-than-truckload carrier YRC Worldwide and the Teamsters union said late Thursday they have agreed on a new five-year National Master Freight Agreement to replace the current pact that expires March 31.

December 14, 2007