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.

BusinessLogistics

CRST Names President of Logistics Unit

CRST International appointed Scott Pruneau president of CRST Logistics, a business unit that provides freight brokerage services.

January 11, 2012
GovernmentBusinessFuelSafety

Congress Has Scant Time to Address Transportation Issues This Month

Several key air and ground transportation issues are pressing before Congress, but lawmakers have only a few working days this month in which to address them.

January 10, 2012
Business

DOT Sets $1.58 Billion for Disaster-Related Repairs

The U.S. Department of Transportation said it will give $1.58 billion to help repair roads and bridges damaged by recent natural disasters.

January 10, 2012
Business

Wholesale Inventories Rise in November

Wholesale inventories edged up 0.1% in November, the Commerce Department said Tuesday.

January 10, 2012
BusinessFuel

Diesel Rises 4.5¢ to $3.828 in First Gain in Seven Weeks

Diesel rose 4.5 cents to $3.828 a gallon, its first increase in seven weeks, while gasoline jumped 8.3 cents for its third straight gain, the Department of Energy said.

January 10, 2012
GovernmentBusiness

Bus Industry Asks to Keep Current HOS Rules

Representatives of the bus travel industry told federal regulators Monday that hours-of-service rules for interstate bus drivers need not be changed, while drivers asked for more restrictions, the Fort Worth Star-Telegram reported.

January 10, 2012
Business

Navistar Gets $880 Million Contract for MRAP Upgrades

Navistar Defense, a unit of Navistar International Corp., received an $880 million order from the U.S. government to upgrade military vehicles.

January 10, 2012
Business

Equity Firm Buys Keen Transport, Cressler Trucking

Los Angeles-based private equity firm Platinum Equity said it has acquired Pennsylvania carrier Keen Transport Co. Terms were not disclosed.

January 9, 2012
Business

Arnold Transportation Appoints Smith President

Todd Smith has been appointed as president of truckload carrier Arnold Transportation Services, Arnold’s parent company U.S. Xpress Enterprises said Monday.

January 9, 2012
BusinessTechnology

Carriers Await Final Rule on EOBRs

Now that a ban on handheld phone use by truckers has taken effect, attention has shifted to a possible final rule on electronic onboard recorders.

January 9, 2012