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.

BusinessEquipment

EPA Sets Class 8 Retread Standards

The U.S. Environmental Protection Agency has established a verification program for tire retreads used by linehaul Class 8 trucks.

June 18, 2012
Business

VW Seen Weighing Stake in Navistar to Challenge Daimler in North America

German automaker Volkswagen AG is weighing a possible stake in U.S.-based truck manufacturer Navistar International Corp., with an eye on competing in the North American heavy-truck market, a German newspaper reported last week.

June 18, 2012
PerspectiveBusiness

Opinion: Higher Bonds Still Not the Answer

The proposed increase in surety requirements would eliminate at least 75% of the transportation broker industry.

June 18, 2012
EditorialBusiness

Editorial: Rising Driver Turnover Rates

A number of things are conspiring to push driver turnover rates up for smaller carriers, even as larger fleets have been more successful in keeping a lid on employee churn.

June 18, 2012
Letters to the EditorBusiness

Letter: Electronic Logging

With electronic logging devices, the hours are what they are. Drivers either have the hours to run a dispatch or they do not. The pressure shifts from the driver having to be creative with the log, to the dispatcher being creative with finding a solution to getting the freight serviced.

June 18, 2012
Business

Class 8 Truck Sales Rise 35.5% in 29th Straight Monthly Gain

Heavy-duty truck sales in the United States climbed 35.5% in May to 18,012 from the same month last year, reaching the second-highest total in the current growth cycle as carriers continued to renew their fleets.

June 18, 2012
Business

Talks Over Long-Term Highway Bill Founder as Deadline to Renew Roads Funding Looms

Senate Democrats, contractors and other transportation advocates ramped up their rhetoric and the pressure last week in a last-ditch attempt to get a long-term highway bill passed before a temporary transportation funding extension expires.

June 18, 2012
Business

Underwriters at NAFC Say They Struggle to Decipher CSAs Insurance Implications

TAMPA, Fla. Insurance underwriters for trucking are concerned about the federal Compliance, Safety, Accountability program but are not sure about how to deal with it, an insurance agent told trucking executives meeting here.

June 18, 2012
Business

Industry Pressing for CSA Changes, Former FMCSA Administrator Says

SAN DIEGO Compliance, Safety, Accountability is here to stay, but its likely that changes are ahead for the program as industry pressure continues to mount, a former administrator of the Federal Motor Carrier Safety Administration said.

June 18, 2012
BusinessTechnologyEquipmentSafetyAutonomous

Car Hauler Allied Files Again for Bankruptcy; Cites Weakness in Auto, Light-Truck Business

Allied Systems Holdings Inc., the largest U.S. car hauler, last week filed for Chapter 11 bankruptcy protection, the second time it has done so, saying its continuing to provide service and blaming weakness in the car and light-truck business for the move.

June 18, 2012