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

U.S. Seeks to Boost Enforcement of Laws Restricting Cabotage

The Federal Motor Carrier Safety Administration has awarded a grant to educate local and state enforcement officers about truck cabotage rules that forbid foreign carriers from hauling cargo point-to-point within the United States.

August 20, 2007
BusinessSafetyGovernmentLogistics

State Champions to Test Skill and Knowledge

More than 375 professional truck drivers from all 50 states are expected to compete this week in what American Trucking Associations calls the 鈥淪uper Bowl of Safety鈥 鈥 the National Truck Driving Championships in Minneapolis.

August 20, 2007
BusinessLogisticsGovernment

Diesel Dips 5.1垄 to $2.847

The national average retail price of diesel fell 5.1 cents last week to $2.847 a gallon 鈥 its largest weekly drop since January 鈥 while the gasoline average fell 6.7 cents to $2.771 a gallon.

August 20, 2007
BusinessSafetyGovernment

DOT Sets Conditions on Mexican Trucks Program

The Department of Transportation said that Mexican trucks will be allowed to operate throughout the United States under its pilot program as long as U.S. trucking companies have equal access south of the border, Bloomberg reported Friday.

August 17, 2007
BusinessGovernment

Consumer Sentiment Index Falls to One-Year Low

U.S. consumer confidence fell to a one-year low this month, according to the University of Michigan鈥檚 monthly consumer sentiment index released Friday.

August 17, 2007
BusinessSafety

Rail, Intermodal Fall for Week

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

August 16, 2007
BusinessGovernment

Philadelphia Factory Index Stalls in August

Manufacturing growth in the Philadelphia area stalled in August, the Federal Reserve Bank of Philadelphia said Thursday.

August 16, 2007
GovernmentBusinessSafety

Florida Sets Left-Lane Restrictions on I-4

Heavy trucks will be banned from using聽the left lane of Interstate 4 along a 60-mile stretch through four counties in central Florida, the Orlando Sentinel reported Thursday.

August 16, 2007
BusinessLogistics

Smart Move Reports 2Q Loss

Logistics management firm Smart Move lost $2.5 million or 23 cents a share in the second quarter, compared with a loss of $3.4 million or 75 cents a year ago.

August 16, 2007
Business

Jobless Claims Rise 6,000 for Week

Initial jobless claims rose 6,000 to 322,000 last week, the Labor Department said Thursday.

August 16, 2007