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.

BusinessLogistics

May Trailer Orders Drop 19.7%; OEMs Say Backlogs Still Strong

New trailer orders fell 19.7% to 14,199 in May from a year earlier, ACT Research reported, but trailer manufacturers said backlogs remain strong and suggested that fleets soon will need to upgrade equipment.

July 2, 2012
Business

More Changes Seen in Shoes, Friction Materials as Phase 2 of Stopping-Distance Rule Approaches

While shorter stopping distances mandated last year by the National Highway Traffic Safety Administration prompted the introduction of new brake configurations in Class 8 tractors, a pending set of stopping standards for a subset of tractors is now prompting even more changes, according to truck equipment manufacturers.

July 2, 2012
BusinessGovernment

LaHood Announces Additional Grants for Rural Roads Under TIGER Program

Transportation Secretary Ray LaHood has announced $30 million for the replacement or repair of rural roads as part of the agency’s most recent “TIGER” grants.

July 2, 2012
Business

Virginia Officials Propose Single Toll Site on I-95,to Collect $12 Per Truck Going Each Way

Virginia transportation officials have recommended that their tolling plan for Interstate 95 include just one toll-collection location and that trucks pay $12 going each way.

July 2, 2012
GovernmentBusiness

Obama Nominates Trottenberg as DOT’s Policy Undersecretary

President Obama has nominated Polly Trottenberg to serve as the Department of Transportation’s undersecretary for policy, the White House announced.

July 2, 2012
GovernmentBusiness

Highway Bill Deal Reached

Congress was set last week to pass new transportation legislation authorizing highway spending through September 2014, after House and Senate negotiators agreed on a bill that included a mandate for electronic onboard recorders for trucks and a study of the 34-hour restart provision in driver hours-of-service regulations.

July 2, 2012
BusinessGovernmentFuelAutonomous

UPS to Add ‘Plastic’ Trucks to Existing Delivery Fleet

UPS said it has completed testing of its “plastic truck,” a composite-bodied vehicle that’s lighter and uses 40% less fuel than its current package cars, and will soon add 150 of the new vehicles to its delivery fleet.

July 2, 2012
BusinessSafety

Research Cites ‘Driver-Related Factors’ With Third of Truckers in Fatal Crashes

Roughly one-third of the 3,446 truck drivers involved in fatal accidents in 2010 were cited in police accident reports for such contributing “driver-related factors” as speeding, fatigue and inattention, a senior federal transportation researcher said.

July 2, 2012
BusinessGovernmentSafetyAutonomous

Border Plan Starts Second Year; Participation Remains Low

A year after U.S. officials agreed to allow Mexican trucks into the country, only four Mexican carriers are participating, far below the number the United States has said would be needed to judge the safety of Mexican trucks.

July 2, 2012
Business

Daimler’s Detroit Unit Unveils Upgrades to 2013 Heavy-Duty Truck Engine Line

DETROIT — Detroit Diesel Corp. announced a series of enhancements to its 2013 Detroit heavy-duty truck engines that are designed to improve their fuel efficiency and reduce the cost of running and maintaining them.

July 2, 2012