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.

BusinessSafetyGovernmentAutonomous

Preliminary Report Shows Downturn in ’06 Large-Truck Crash Fatalities

Preliminary data released by the Department of Transportation show that fatalities from large truck crashes declined 3.7% last year compared with 2005.

May 30, 2007
Business

Fed Minutes Cite Housing Slump, Inflation Concerns

Federal Reserve officials acknowledged they underestimated the length of the U.S. housing slump, and continued to view inflation as the biggest risk to the economy.

May 30, 2007
BusinessGovernmentAutonomous

Bush Signs Mexican Trucks Restrictions Into Law

President Bush has signed a bill into law setting restrictions on the government’s pilot program to allow Mexican trucks access to U.S. highways, the Associated Press reported.

May 30, 2007
FuelBusinessLogisticsGovernment

Diesel Climbs 1.4¢ to $2.817

Diesel fuel’s national average pump price rose for a second straight week, gaining 1.4 cents to $2.817 a gallon, the Department of Energy said Monday.

May 30, 2007
BusinessSafety

PHH Sets Safety Modeling Service

PHH FirstFleet Tuesday said it launched a new predictive modeling service for driver safety analysis and training for private fleets.

May 30, 2007
BusinessSafetyGovernment

Knight Raises Quarterly Dividend

Truckload carrier Knight Transportation said Tuesday its board raised the company’s quarterly cash dividend, declaring a dividend of 3 cents per share, an increase of 50%.

May 29, 2007
BusinessFuel

Feds Push Coal-Liquid Technologies

Federal officials and the coal industry are making a push for big subsidies to develop technologies to turn coal into liquid fuel, the New York Times reported Tuesday.

May 29, 2007