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.

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
BusinessFuelGovernment

Diesel Dips to $2.676

The U.S. average retail price of diesel fuel dipped by 0.5 cent to $2.676 a gallon last week, its second straight tiny decline, the Department of Energy said.

April 2, 2007
GovernmentBusinessSafety

Parts of D.C. Beltway to Close Friday Night for Construction

Several parts of the Capital Beltway, Interstate 95/495 near Washington, D.C., will be closed temporarily this weekend due to scheduled work, the Maryland State Highway Administration said.

April 1, 2007
Business

U.S. May Face $2 Bln. Penalty on Mexican Trucks, Hill Says

The U.S. government may have to pay a penalty of more than $2 billion if it does not open its roads to Mexican trucks, Federal Motor Carrier Safety Administration John Hill told a House subcommittee Thursday, Bloomberg reported.

March 30, 2007