Trucking 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.
NHTSA Eyes Stability-Control Mandate
The National Highway Traffic Safety Administration last week proposed requiring all new heavy-duty vehicles to have electronic stability systems that reduce rollovers and loss of control, which the government said could prevent up to 56% of vehicle rollovers and 14% of loss-of-control crashes.
May 21, 2012April Class 8 Sales Jump 38.9% in 28th Straight Monthly Gain
U.S. fleets bought 16,905 new heavy-duty trucks in April, a 38.9% jump over the corresponding period of 2011, WardsAuto.com reported.
May 21, 2012Construction Comeback Boosts Flatbeds, Heavy Haulers
The reinvigorated U.S. construction sector, including home and commercial building, is driving stronger business volumes for flatbed and heavy haul carriers, according to several fleet officials.
May 21, 2012LTL Carriers Hope Conference Committee Will Revive Pup-Trailer Expansion Plan
A House-Senate conference committee working to draft a compromise long-term highway bill may resurrect a proposal to allow longer tandem pup trailers that had been considered dead after the House bill that included it was dropped.
May 21, 2012ATRI State Survey of Rollovers May Spark Safety Measures
American Transportation Research Institute has completed the first phase of a truck rollover study that it said could result in highway improvements and electronic notification systems to warn drivers as they approach areas where roll-overs are prevalent.
May 21, 2012Caterpillar Sells Majority Interest in 3PL to Private Equity Firm for $750 Million
Caterpillar Inc. has agreed to sell a majority interest in its third-party logistics business to privately held Platinum Equity for about $750 million, while retaining its in-house international network to support its dealers and customers.
May 21, 2012EPA Says It Took Shortcut In Navistar Penalty Rule
WASHINGTON If the Environmental Protection Agency had not taken a shortcut in writing a regulation allowing Navistar Inc. to pay penalties in order to sell engines that exceed 2010 emissions standards, the truck manufacturer would have had to stop selling the engines, a federal attorney said in court.
May 21, 2012Three More Mexican Fleets Pass U.S. Audits
Federal officials said they have completed safety audits for three more Mexico-based carriers wishing to operate in the United States, but participation in the cross-border program remains far below what the U.S. government has said is needed to properly gauge the safety of Mexican carriers.
May 21, 2012CVSAs Annual Roadcheck Event Set for June 5-7
The Commercial Vehicle Safety Alliance said that roughly 10,000 truck and bus inspectors will fan out at more than 1,500 locations across North America from June 5-7 for the annual Roadcheck safety event.
May 21, 2012Diesel Prices Drop Another 5.3瞽 to $4.004 per Gallon
Retail diesel prices retreated another 5.3 cents to $4.004 a gallon last week, the Department of Energy reported, as crude oil prices sank to their lowest levels of the year.
May 21, 2012Trending
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