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.

BusinessLogistics

Kansas City Southern Posts Higher 1Q Profit

Kansas City Southern on Tuesday reported its first-quarter earnings rose to $75 million, or 68 cents a share, from $64 million, or 58 cents, the previous year.

April 24, 2012
BusinessEquipment

Delphi’s First-Quarter Earnings Rise

Vehicle components maker Delphi Automotive PLC said Tuesday its first-quarter profit jumped 18% on higher sales.

April 24, 2012
BusinessLogistics

Canadian Railroads Report Higher Earnings

Canada’s two biggest freight railroads reported higher earnings for the first quarter.

April 24, 2012
BusinessTechnology

EPA Sets $20 Million for Clean Diesel Grants

The U.S. Environmental Protection Agency on Monday announced $20 million in grant funding for projects aimed at reducing pollution from diesel vehicles.

April 23, 2012
BusinessTechnology

New $100 Million Truck Scale Planned on I-80 Near Port of Oakland

California state officials broke ground Friday on a truck weight scales facility on Interstate 80 in Cordelia, Calif., a move that will help trucks leaving the Port of Oakland, the Contra Costa (Calif.) Times reported.

April 23, 2012
Business

Eaton’s First-Quarter Profit Rises

Truck and auto components maker Eaton Corp.’s first-quarter profit rose 8% as its truck unit’s sales improved 10%, the company said Monday.

April 23, 2012
BusinessFuel

Gasoline Falls for First Time This Year, Lundberg Survey Says

Gasoline’s pump price fell for the first time this year, dropping more than a nickel to $3.91 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

April 23, 2012
BusinessTechnology

iTECH: Technology Helps Fleets Develop New Business

As the U.S. economy continues to progress at a less-than-robust pace and motor carriers looking to improve their bottom line turn to the potentially risky tactic of diversifying their service offerings, experts, tech firms and carrier execs said one way to reduce the risk is to adapt the fleets’ existing technology to the new services.

April 23, 2012
BusinessTechnology

UPS Adds Biomethane Trucks

UPS Inc. said it has deployed its first 10 dual-fuel biomethane-diesel vehicles.

April 23, 2012
PerspectiveBusinessTechnology

Opinion: New Stopping Distances, New Technology

I’m proud to be a member of the North American heavy-truck supplier community. Together, we’ve made significant strides in Class 8 truck brake safety, but not since the introduction of non-asbestos brake linings more than 20 years ago has the heavy-duty industry seen technological changes to brakes as significant as those we are experiencing today.

April 23, 2012