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.

BusinessSafetyGovernment

Innovative Computing Adds Features

Innovative Computing Corp. added several features to its main transportation package, called Innovative Enterprise Software, the company said.

May 14, 2007
BusinessSafetyGovernment

Fla. Reopens Roads Following Fire

Florida officials reopened parts of two interstates near the Georgia border that were closed over the weekend, but said intermittent closures could continue as wildfire smoke poses a safety hazard, the Associated Press reported.

May 14, 2007
GovernmentBusinessSafety

Court OKs Allied’s Plan

Auto carrier Allied Holdings said Saturday that a bankruptcy court has approved its reorganization plan.

May 14, 2007
BusinessSafetyGovernment

Trimac’s Earnings Dip in 1Q

Canada-based transportation firm Trimac Income Fund said its first-quarter net earnings fell to C$1.5 million or 5 cents per unit, from C$3.7 million or 7 cents a year earlier.

May 14, 2007
GovernmentBusinessSafety

Fleets Grow as Freight Falls

NEW YORK — The decline in freight volume this year and the number of heavy-duty trucks purchased last year during the “pre-buy” were both markedly bigger than analysts thought, leading to too many trucks chasing too little business.

May 14, 2007
GovernmentBusinessSafety

STB Ends Antitrust Immunity for Trucking Rate Bureaus

The Surface Transportation Board has revoked the authority of motor carriers to engage in collective ratemaking and freight classification.

May 14, 2007
BusinessGovernmentSafety

Firms Seek to Replace Pension Funds

NEW YORK — The top executive at Arkansas Best Corp. said he expects to offer his fleet’s unionized employees a less-costly pension benefit plan and withdraw from the current Teamsters multi-employer funds.

May 14, 2007
BusinessSafety

Fleets Eye Safety Gains to Cut Insurance Costs

Risk management has taken on a new urgency for many carriers as trucking companies attempt to reduce operating costs and minimize insurance premiums, often by including safety improvements.

May 14, 2007
BusinessSafetyAutonomous

Volvo’s 1Q Profit Declines

Truck maker Volvo AB’s first-quarter profit dipped 5.8% as North American sales declined, but the company’s European sales increased, Bloomberg reported Friday.

May 11, 2007