Trucking Business News

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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.

BusinessLogistics

Report Questions Military Logistics Contract, Says DOD Has Failed to Monitor Program

A new report has raised questions about whether a Department of Defense contract to outsource freight shipments has produced huge savings claimed by Menlo Worldwide Logistics, in large part because of DOD’s failure to scrutinize the program closely.

September 10, 2012
BusinessLogistics

Intermodal Group Continues Making Plans for Motor Carrier-Based Chassis Pool

Efforts to create a motor carrier-based pool to provide intermodal chassis are continuing, though American Trucking Associations’ Intermodal Motor Carriers Conference said it has not yet decided how to accomplish that goal.

September 10, 2012
Business

Oge to Retire From EPA’s Air Quality Office; ATA’s Graves Praises Her Work With Trucking

Margo Oge, a key player in the federal government’s push to decrease vehicle emissions and increase fuel efficiency, said she will retire at the end of this month.

September 10, 2012
BusinessGovernmentSafetyAutonomous

Lax Oversight Hurting Pilot Program Involving Mexican Trucks, FMCSA Told

The ongoing pilot program that allows approved Mexican fleets into the interior of the United States suffers from lax oversight that does not sufficiently ensure compliance with the program’s requirements, a federal auditor said in a report released last week.

September 10, 2012
Business

Navistar Reports 3Q Loss; New Leaders Outline Plans

In their second week in charge, the new management team at Navistar International Corp. reported a quarterly loss for the three months ended July 31 and laid out plans for a return to financial health in the wake of the company’s recent change in its truck engine emissions strategy.

September 10, 2012
Business

EPA Raises Navistar Fines

Truck and engine maker Navistar Inc. can continue selling its noncompliant MaxxForce engines using exhaust gas recirculation, but the penalties will be nearly double what was originally proposed, according to an Environmental Protection Agency final rule that went into effect Sept. 5.

September 10, 2012
Business

New Truck Orders Fall 23.4%, But Still Hit 16,200 in August

New heavy-duty truck orders fell 23.4% to 16,200 in August from a year earlier, according to preliminary figures from ACT Research Co., and some truck makers said they plan more downtime at plants in order to trim production.

September 10, 2012
Business

Class 8 Registrations Decline 1.5%, Polk Report Says

The nation’s heavy-duty truck fleet shrank 1.5% in the second quarter from a year earlier to 3.5 million vehicles, as companies continued purging older trucks but held off buying new ones in response to slow economic growth and regulatory uncertainty, R.L. Polk & Co. said in a new report.

September 10, 2012
Business

FedEx Says Quarterly Profit to Fall 4.1% From Year Ago

FedEx Corp. said its earnings for the three months ended Aug. 31 will probably decline by 4.1% from last year’s comparable quarter, “as weakness in the global economy constrained revenue growth” at its Express division.

September 10, 2012
Business

FedEx Says Quarterly Profit To Fall 4.1% From Year Ago

FedEx Corp. said its earnings for the three months ended Aug. 31 will probably decline by 4.1% from last year’s comparable quarter, “as weakness in the global economy constrained revenue growth” at its Express division.

September 10, 2012