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.

Government, Business, Technology, Equipment

Federal Advisory Panel Studying EOBRs Wrestles With Safeguarding Data Privacy

A federal advisory committee studying electronic onboard recorders did not reach a consensus on the best way to transmit hours-of-service data from the truck cab to roadside inspectors, but did offer recommendations on items including safeguarding carrier and driver privacy.

January 9, 2012
Business

Increased Truck Tolls Imposed in 10 States

Many truckers started the new year digging deeper into pockets as 10 states imposed higher tolls.

January 9, 2012
Business

Economy, State of Industry Top Issues at Heavy-Duty Manufacturers’ Meetings

Manufacturers and sellers of components, parts and systems for heavy-duty trucks will examine the state of their industry, the economy at large and issues of corporate culture at two meetings in Las Vegas, Jan. 23-26.

January 9, 2012
Business, Fuel

Wholesale Diesel Price Spikes

Wholesale diesel prices spiked last week as tensions in the Middle East rose and temperatures in the eastern United States fell, signaling the likely end of the current run of declining retail prices.

January 9, 2012
Business

Mica ‘Concerned’ About Hours-of-Service Changes

The top Republican on the House Transportation Committee said Friday he is “concerned” that the federal government may lack adequate data to support the new hours-of-service rule it published last month.

January 6, 2012
Government, Business

NAFTA Surface Trade Rises 12%

Surface trade among the United States, Canada and Mexico rose 12% in October from a year ago, the Department of Transportation said Thursday.

January 6, 2012
Business, Logistics, Autonomous

Contrans Buys Ontario Trucking Company

Canadian carrier Contrans Group said Thursday it has acquired Wilburn Archer Trucking, a dry-bulk trucking business based in Norwood, Ontario.

January 6, 2012
Business

Unemployment Rate Falls to 8.5%; Trucking Adds 5,100 Jobs

The unemployment rate dropped in December to 8.5%, the lowest in almost three years, while the economy added 200,000 jobs, including 5,100 trucking jobs, the Labor Department said Friday.

January 6, 2012
Business, Logistics

Livingston International Acquires Hipage Co.

Livingston International has expanded its customs brokerage and freight forwarding operations by purchasing Hipage Co., which is based in Norfolk, Va.

January 6, 2012
Business, Logistics

Intermodal Traffic Climbs 8.6% for Week

U.S. intermodal traffic rose 8.6% for the week ended Saturday from a year ago, the Association of American Railroads reported.

January 6, 2012