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.

BusinessFuel

Diesel Resumes Rise, Up 0.6¢ to $4.148; Gasoline Dips 0.2¢ to $3.939

Diesel resumed its upward trend following a one-week respite, gaining 0.6-cent to $4.148 a gallon, the highest price since the record-setting summer of 2008, the Department of Energy said.

April 10, 2012
Business

Wholesale Inventories Rise More Than Forecast

Wholesale inventories rose 0.9% in February, the Commerce Department said Tuesday.

April 10, 2012
GovernmentBusinessLogistics

Railroad Crossing Rule Still Being Considered

While the notion that trucks should not stop on a railroad track seems to make a lot of sense, federal regulars have yet to finalize a proposed federal railroad grade crossing rule that they say would save lives.

April 10, 2012
Business

New Minn. Law Grants Liability Protection to Truckers

Minnesota has become the second state this year to pass a law that says shippers cannot include provisions in their contracts that make truckers liable for any accident, regardless of who is at fault.

April 10, 2012
Business

NY/NJ Port Authority Considers Trucking Discounts for Hudson Crossings

The Port Authority of New York and New Jersey is considering a discount toll plan for truckers crossing the Hudson River, although the discount would only be for carriers that have made at least 100 off-peak trips during an E-ZPass billing cycle.

April 10, 2012
BusinessSafetyGovernmentLogistics

Entrec Acquires Singer Companies

Canadian carrier Entrec Transportation Services on Monday said it has purchased the Singer Specialized Group of Companies for C$15.3 million in stock and cash, minus the value of long-term debt.

April 9, 2012
BusinessFuel

Gasoline Rises 4¢ to $3.97 a Gallon, Lundberg Says

Gasoline rose 4 cents in the past two weeks to $3.97 per gallon, according to the latest Lundberg Survey of filling stations released Sunday.

April 9, 2012
BusinessTechnology

iTECH: Data Capacity Expansion

Truck makers and technology companies are working to expand onboard vehicle electronics’ capacity to handle the many sensors, components and computers pushing current infrastructure to its limit.

April 9, 2012
BusinessTechnology

VDO Unveils RoadLog EOBR at MATS

Continental Corp. recently displayed an electronic onboard recorder aimed at the owner-operator market and produced by its VDO unit.

April 9, 2012
PerspectiveBusiness

Opinion: Make Mandating Speed Limiters a Top Priority

Each year, the Department of Transportation undertakes a number of new initiatives to further reduce or eliminate highway crashes. One measure DOT has announced it will undertake this year will have a marked effect on highway safety: mandating that speed limiters on large trucks be set at a reasonable top speed.

April 9, 2012