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.

BusinessGovernmentSafetyFuel

Supreme Court Calls for Review of Greenhouse Gas Rules

The Supreme Court Monday ordered the federal government to take a new look at regulating carbon dioxide emissions from vehicles, in a rebuke to the Bush administration’s policy on global warming, the Associated Press reported.

April 2, 2007
BusinessSafetyGovernment

ISM Manufacturing Index Declines in March

The Institute for Supply Management’s March manufacturing index slowed and costs rose to the highest since August, ISM said Monday.

April 2, 2007
BusinessFuelGovernment

UTi Worldwide’s 4Q, Full-Year Income Rise

Air and ocean freight forwarder UTi Worldwide's fourth-quarter net income rose to $23.6 million or 24 cents a share, from $9.7 million or 10 cents a year earlier.

April 2, 2007
BusinessEquipment

Teamsters Strike at W. Va. Cummins Plant

Forty-three employees of a distributor for diesel engine manufacturer Cummins Inc. went on strike Sunday at a plant in South Charleston, W.Va., the Associated Press reported.

April 2, 2007
BusinessGovernmentSafetyFuelAutonomous

EPA Issues SCR Guidelines

The U.S. EPA said last week that diesel engine manufacturers who want to use selective catalytic reduction to meet EPA’s 2010 emission rules must supply the urea SCR requires and prove it will be available to truck drivers using those engines.

April 2, 2007
BusinessGovernmentSafetyFuel

Falling Freight Gives Shippers Leverage

A loosening of the tight capacity for freight hauling now makes the fuel-surcharge programs — upon which motor carriers depend to insulate them from fuel price spikes — vulnerable to demands for change by shippers.

April 2, 2007
BusinessAutonomous

Feb. Truck Tonnage Slips 1.7%

U.S. freight volume fell 1.7% in February compared with business levels of a year ago, marking an eighth straight monthly decline.

April 2, 2007