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.

BusinessTechnology

Sylectus to Focus Software on Flatbed Shippers’ Needs

KISSIMMEE, Fla. — Transportation software company Sylectus, which primarily serves the expedited and truckload markets, said it is turning its attention to the flatbed sector.

February 27, 2012
BusinessTechnology

Meritor Wabco Venture Adds Lane Warning System

Meritor Wabco Vehicle Control Systems recently introduced several new safety products, including a forward-looking lane-departure warning system and a roll-stability trailer system.

February 27, 2012
Letters to the EditorBusiness

Letter: Once, It Was Fun

We are near the end of many years and 150 million miles of trucking in the northeastern United States.

February 27, 2012
PerspectiveBusinessLogistics

Opinion: Congressman Lauds Don Schneider

As one of the nation’s most influential trucking executives, Don Schneider transformed the trucking business started by his father in 1935 into one of the largest truckload freight carriers in the United States.

February 27, 2012
Business

Public Citizen, Others File Lawsuit Challenging Revised HOS Rule

Highway safety advocates filed a lawsuit Friday challenging the hours-of-service rule published in December, saying it does not go far enough in addressing driver fatigue.

February 27, 2012
Business

House Passes Oil-Drilling Bill That Requires OK for Pipeline

The U.S. House of Representatives has approved an energy bill that would require President Obama to approve the Keystone XL Pipeline to carry crude oil from Canada to Gulf Coast refineries.

February 27, 2012
Business

FMCSA Defends Its Mexican Truck Program, Rejects Challenges by Union, Public Citizen

The federal government defended its program allowing Mexican trucks into the United States, telling a court this month that the pilot program complies with all federal laws related to safety, environmental protection and driver licensing, in addition to the laws specific to the program itself.

February 27, 2012
Business

Rising Freight Rates Should Help Push Pay for Drivers Higher, Execs Tell Conference

CORAL GABLES, Fla. — Freight rates will continue to rise by several percentage points this year, carriers and shippers said, which should open the door for further pay increases for drivers.

February 27, 2012
Business

Federal Regulation Burden on Agenda as Truckload Fleets Gather at Meeting

The truckload industry, on the upswing as rates and freight rise, gathers for its annual meeting next week in Florida in a business environment that also includes unresolved questions such as the effects of more government regulation.

February 27, 2012
BusinessGovernment

TNT Express Rebuffs UPS, but Talks Continue on Deal

UPS Inc. said late last week it was continuing talks to buy European package carrier TNT Express, after the Dutch company rebuffed a $6.5 billion bid, sparking speculation that a higher price and other bidders, such as FedEx Corp., could emerge.

February 27, 2012