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

Green Energy Buys Peterbilt LNG Trucks

Green Energy Oilfield Services said it will take delivery of 60 Peterbilt 388 liquefied natural gas-powered trucks in April.

February 21, 2012
BusinessTechnology

Smith Electric Vehicles, Wanxiang Group Announce Joint Venture

Smith Electric Vehicles Corp., a manufacturer of all-electric commercial vehicles, said it has signed a letter of intent with Wanxiang Group, a maker and supplier of automotive parts, to develop electric commercial vehicles for multiple industries in China.

February 21, 2012
BusinessTechnology

Brenntag Expands DEF Distribution in Canada

Brenntag North America, a distributor of diesel exhaust fluid, said it opened a bulk rail transfer terminal in Leduc, Alberta, its fourth in Canada.

February 21, 2012
EditorialBusiness

Editorial: HOS Justice

Sometimes, half a loaf just isnt enough. And thats especially true when that half a loaf actually consists of something bad that the other guy didnt do to you after he had threatened to do so.

February 20, 2012
Letters to the EditorBusiness

Letters: Exporting Fuel, Recruiting Drivers, Trailer Size

After reading the Jan. 16 article titled Gasoline, Other Fuels Top U.S. Exports (p. 24), it occurred to me to ask why we the United States are exporting gasoline and other fuels with the obvious demand that is domestic.

February 20, 2012
PerspectiveBusiness

Opinion: Owner-Operators, Keep Those Wheels Turning

If youre an owner-operator and your wheels arent turning, youre not making money. If another vehicle slams into your truck when you have the right of way, it means youre facing downtime through no fault of your own.

February 20, 2012
BusinessAutonomous

Carriers Offer Drivers Pay Raises, Guarantees

Five companies in various trucking sectors recently announced diverse steps to increase driver compensation, as carriers tackle the growing need to keep and attract drivers in a strengthening freight environment.

February 20, 2012
BusinessGovernmentSafetyEquipmentAutonomous

Class 6-7 Vehicles Help For-Hire Fleets Diversify, Save, Squeeze Into Metro Areas

Class 8 tractors have long been the standard for U.S. for-hire carriers, yet for certain service lines, even the most venerable of heavy-duty fleets are now buying Class 6 and 7 trucks and sometimes even smaller cargo vans.

February 20, 2012
Business

EPA Opens Probe of Navistar Engines; Alleges 2009 Units Assembled in 2010

The Environmental Protection Agency is investigating whether Navistar Inc. completed assembly of 7,600 heavy-duty 2009 model truck engines in 2010, thereby making them noncompliant with current emission regulations.

February 20, 2012
Business

Class 8 Truck Sales Jump 52.9%

U.S. Class 8 truck sales grew sharply in January, jumping 52.9% compared with the first month of 2011, as all manufacturers posted gains of more than 40%, with the exception of Volvo Trucks, which dropped 5.2%.

February 20, 2012