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.

BusinessSafetyEquipment

Growth of Class 8 Fleet Slows After Pre-Buy, Cooling Economy

Expansion of the U.S. Class 8 truck fleet is slowing as carriers continue to put off new truck purchases and demand for freight hauling remains soft, according to a new report by research firm R.L. Polk & Co.

September 10, 2007
Business

UPS, Teamsters Return to Table

UPS Inc. and the Teamsters union returned to the bargaining table Sept. 5 after an eight-week hiatus for what could be a sprint to a new labor contract by month’s end —10 months before the current six-year contract expires.

September 10, 2007
BusinessGovernmentSafety

ATA Seeks Hours-of-Service Reprieve

With less than two weeks left before a federal appeals court ruling goes into effect nullifying key parts of the driver hours-of-service rule, American Trucking Associations asked the court and the Federal Motor Carrier Safety Administration to temporarily maintain current driver hours.

September 10, 2007
BusinessGovernmentLogistics

Global Trade Expansion Challenges Logistics Firms to Improve

As the volume of world trade continues to grow, shippers and third-party logistics companies are looking for ways to better manage the flow of goods coming into and out of the United States.

September 10, 2007
BusinessGovernment

FMCSA Opens Border to Mexican Trucks

The Federal Motor Carrier Safety Administration said Thursday that two trucking companies — one Mexican, the other from the United States — have been selected to initiate the two nation’s cross-border demonstration project.

September 7, 2007
GovernmentBusinessSafety

OOIDA Sues Over Mexican Trucks Plan

The Owner-Operator Independent Drivers Association said Friday it filed suit to block the Department of Transportation’s pilot program to allow some Mexican trucks to run in full United States.

September 7, 2007
BusinessEquipment

Eaton to Restructure Units’ Reporting

Vehicle parts manufacturer Eaton Corp. said Friday it will realign its financial reporting structure, increasing the number of business segments reported from four to six, to reflect the company’s growth and changing mix of businesses.

September 7, 2007
Business

Payrolls Dip by 4,000; Unemployment Rate Holds at 4.6%

The U.S. lost 4,000 jobs in August for the first time in four years, and the unemployment rate held at 4.6% from July, the Labor Department said Friday.

September 7, 2007
GovernmentBusinessSafetyFuel

Calif. Eyes New Emissions Regs for Trucking, Ports

California regulators proposed new emissions rules for the state’s ports and the trucking industry, designed to begin compliance with ambitious “greenhouse gas” emissions reduction law, the Contra Costa Times reported Friday.

September 7, 2007
BusinessSafety

Rail, Intermodal Traffic Decline

Rail and intermodal freight traffic were down from a year ago for the week ended Saturday, the Association of American Railroads said.

September 7, 2007