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.

GovernmentBusiness

DHS Sets Radiation Detection Project

The Department of °®¶¹´«Ã½land Security’s nuclear detection office has begun a pilot program to provide maritime radiation detection capabilities for state and local authorities in Washington state and California, DHS said Sept. 5.

September 12, 2007
BusinessSafetyGovernment

Senate Votes Against Mexican Trucks Program

Less than a week after the first Mexican trucks were allowed by the Transportation Department past a border zone, the Senate voted on Tuesday to ban Mexican trucks from U.S. roadways, the Associated Press reported.

September 12, 2007
GovernmentBusinessSafety

FMCSA Finishes Initial Testing of Technology for Wireless Roadside Vehicle Inspections

The Federal Motor Carrier Safety Administration said it successfully completed phase-one testing of wireless roadside inspection technology for commercial vehicles.

September 12, 2007
BusinessGovernmentSafety

Letters to the Editor: Opening the Borders, HOS (Cont’d.)

If the U.S. Department of Transportation grants entry to a Mexican truck, Transport Canada won’t do anything to keep it out of Canada.

September 12, 2007
Business

Paccar Sets 3-for-2 Stock Split

Truck maker Paccar Inc. said Tuesday it will undertake a 3-for-2 split its stock and increase its quarterly dividend by 8%.

September 11, 2007
BusinessFuelGovernment

Diesel Prices to Peak This Month, DOE Says

Retail diesel prices will peak this month before beginning a slow decline through the end of the year, the Energy Department said Tuesday.

September 11, 2007
Business

U.S. Xpress Execs Boost Offer

U.S. Xpress Enterprises executives said they boosted the company’s buyout offer to take the company private by 10 cents a share, to $20.10 per share.

September 11, 2007
BusinessGovernmentFuel

Oil Closes at Record $78.23 a Barrel

Crude oil rose to a record closing price of $78.23 a barrel Tuesday on speculation that OPEC’s agreement to boost production by 500,000 barrels a day will fall short of rising demand, Bloomberg reported.

September 11, 2007
FuelBusinessLogisticsGovernment

Diesel Gains 3.1¢ to $2.924

The average national retail price of diesel fuel rose 3.1 cents to $2.924 a gallon, the Department of Energy said Monday.

September 11, 2007
GovernmentBusiness

Senate OKs $1 Billion for Bridge Repairs

The Senate Monday approved $1 billion to repair and replacement U.S. bridges, six weeks after the Interstate 35W span collapsed in Minneapolis, the Associated Press reported late Monday.

September 11, 2007