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.

BusinessFuel

Diesel Retrofit Sales Declined in 2011, Survey Shows

Sales of all diesel retrofit devices in the United States declined in 2011 from the previous two years, according to the Manufacturers of Emission Controls Association.

June 5, 2012
Business

Factory Orders Drop 0.6% in Second Straight Decline

Factory orders fell 0.6% in April, the second straight monthly decline, the Commerce Department said Monday.

June 4, 2012
Business

Automobile Sales Rise 18% in May

U.S. automobile and light truck sales rose 18% in May to 1.4 million vehicles, news services reported.

June 4, 2012
BusinessEquipment

Delphi to Buy FCI Group Unit

Truck and auto component maker Delphi Automotive has entered into exclusive talks to acquire a unit of FCI Group from Bain Capital for about 764 million euros ($958 million), Bloomberg reported.

June 4, 2012
Business

Roadcheck 2012 Begins Tuesday

About 10,000 federal, state, provincial and local truck and bus inspectors will fan out at more than 1,500 locations across North America Tuesday through Thursday for the annual “Roadcheck” inspections on commercial vehicles.

June 4, 2012
Business

Natural Gas Engines a Niche Product, Daum Says, and Daimler Has No Plans to Make Them

OXON HILL, Md. — Expressing some skepticism about the near-term strength of the market for natural-gas engines in heavy-duty trucks, Daimler Trucks’ chief U.S. executive said the truck maker will continue using Cummins Inc. engines rather than developing its own natural-gas power plants.    

June 4, 2012
Business

Volkswagen Shuffles Execs; Changes Truck Chief

Volkswagen AG appointed a new trucks chief, added a top executive for China and replaced three Audi board members as part of a shakeup to push forward with growth plans, Bloomberg reported Monday.

June 4, 2012
BusinessFuel

Oil Continues to Fall on Growth Concerns

Oil fell for a fifth trading day Monday, dropping more than $2 to just over $81 a barrel on concerns about economic growth in the U.S. and China, Bloomberg reported

June 4, 2012
PerspectiveGovernmentBusinessTechnologyEquipment

Opinion: Might as Well Adapt — EOBRs Are Here to Stay

Those in our industry can make whatever excuses they want for not using EOBRs. The bottom line is they haven’t wrapped their minds around how to make money legally. I mean, they might as well be bootlegging whiskey. It’s the same damn thing.

June 4, 2012
Business

Kenworth Begins Producing T680 Tractor, Completing 4-Year, $400 Million Investment

KIRKLAND, Wash. — Kenworth Truck Co. began production of its T680 at its Chillicothe, Ohio, truck factory late last month, company officials announced here.

June 4, 2012