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.

Business

Con-way Freight Sets 6.9% Rate Increase

Con-way Freight said it will raise its less-than-truckload rates 6.9%, effective July 9.

June 25, 2012
GovernmentBusinessTechnology

Virginia E-ZPass Fee Plan Draws Opposition

A plan by the Virginia Department of Transportation to implement a $1 monthly fee for E-ZPass users has drawn public opposition, the Associated Press reported.

June 25, 2012
Business

New ºÚÁϳԹÏÍø Sales Jump to Two-Year High

New home sales jumped 7.6% in May to a two-year high, the Commerce Department said Monday.

June 25, 2012
Business

Ryder Lowers Earnings Forecast

Ryder System lowered its second-quarter and full-year earnings estimates, primarily due to weaker demand for truck rentals.

June 25, 2012
PerspectiveBusiness

Opinion: Creative Retention Solutions: Copy That

The lead story of this publication’s June 18 issue discussed the growing problem of driver turnover and how even small truckload fleets, known for their ability to control turnover by maintaining close driver relationships, are now in need of creative retention solutions as their turnover rate has soared to 71%.

June 25, 2012
EditorialBusinessFuel

Editorial: ATA’s Natural Gas Summit

As noted on other pages of this week’s edition of Transport Topics, American Trucking Associations will be conducting the first comprehensive summit on the use of natural gas in trucking.

June 25, 2012
Business

May Truck Freight Up 4.1%

Truck tonnage continued to grow last month, rising 4.1% from a year earlier despite mounting caution about the U.S. economy’s strength,

June 25, 2012
Business

Arkansas Best Pays $180 Million to Acquire Panther Expedited

Two of the nation’s largest trucking companies have joined forces, as Arkansas Best Corp. paid $180 million to acquire Panther Expedited Services in the largest acquisition in North American trucking so far this year.

June 25, 2012
BusinessFuel

ATA to Host Trucking Natural Gas Summit Nov. 28-30 in Arlington, Va.

American Trucking Associations said it will host a first-ever national summit on the growing use of natural gas as a fuel for moving freight across the country.

June 25, 2012
Business

Used Class 8 Truck Sales Dip in May Low-Mileage Models Remain Scarce

Demand for used heavy-duty trucks remained strong in May, but sales declined due to continued tight inventories of lower-mileage units, ACT Research reported.

June 25, 2012