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.

Business

U.S. Automakers Finish Year With Strong December Sales

U.S. automakers finished the year with strong December sales as the industry had its best year since 2008 with a 10% improvement over last year, Bloomberg reported.

January 5, 2012
BusinessLogisticsEquipment

Heil Trailer Bought by Private Equity Firm

Private equity firm American Industrial Partners said it has purchased trailer manufacturer Heil Trailer International from Dover Corp. Terms were not disclosed.

January 5, 2012
BusinessLogistics

MIQ Logistics Opens Facility in Eastern Pennsylvania

MIQ Logistics on Thursday announced the opening of a new logistics center in Tannersville, Pa., its eighth new facility in the past year.

January 5, 2012
Business

Jobless Claims Fall for Week

Initial jobless claims decreased last week, the Labor Department said Thursday.

January 5, 2012
BusinessGovernmentSafetyLogisticsAutonomous

U.S.-Canada Trade Agreement May Begin to Benefit Trucking This Year, Execs Say

Trucking executives said the industry could see some benefits of the recently announced U.S.-Canadian trade agreement as early as this year.

January 5, 2012
BusinessLogistics

Schneider National to Open Intermodal Training Center

Schneider National said it will open a new training center for drivers in its intermodal unit as the carrier pursues expansion of truck/rail business by hiring 160 drivers.

January 5, 2012
BusinessSafetyGovernmentAutonomous

Maryland Adds Shelter Spots in Snow

Maryland’s Department of Transportation, working with the Maryland Motor Truck Association, said it has created a pilot program for truckers to use commuter park-and-ride lots to park when snowfalls exceed 6 inches.

January 5, 2012
Business

HOS Revision Presents Plethora of Enforcement Problems, Safety Officials Say

The U.S. government’s new hours-of-service rule for truck drivers presents a host of problems for those tasked with enforcing it, according to safety enforcement officials.

January 5, 2012
BusinessFuel

Diesel Dips 0.8¢ to $3.783 in Sixth Decline

Diesel dipped 0.8 cent to $3.783 a gallon, its sixth straight decline, while gasoline had its biggest increase since October, the Department of Energy reported.

January 4, 2012
Business

Factory Orders Rise in November

Factory orders increased 1.8% in November, the biggest gain in four months, the Commerce Department said Wednesday.

January 4, 2012