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.

Business

All States Receive More Highway Money Than They Contribute, GAO Study Says

All states now receive more funding for highway programs than they contribute to the Highway Trust Fund via federal fuel taxes and truck excise taxes, said a new study by the U.S. Government Accountability Office.

October 24, 2011
Government, Business

Fleets Must Use Slump’s Lessons to Overcome Future Challenges

GRAPEVINE, Texas — Fleets should prepare to bring the same zest to future challenges that they have used to overcome the struggling economy, fuel prices and government regulations in recent years, four industry leaders said.

October 24, 2011
Business

U.S. Likely to Miss Deadline on HOS Rule, Officials Say

GRAPEVINE, Texas — The Federal Motor Carrier Safety Administration’s top official said the agency is working feverishly to complete a controversial final hours-of-service rule, but trucking executives predicted last week that FMCSA won’t finish by an Oct. 28 deadline set by a U.S. court.

October 24, 2011
Business

ATA, TCA Forge United Front on Increasing Truck Weights

GRAPEVINE, Texas — American Trucking Associations and the Truckload Carriers Association last week created a united front in the industry’s drive to raise truck weight limits by endorsing both an 88,000-pound limit for 5-axle tractor-trailers and a 97,000-pound limit for 6-axle configurations.

October 24, 2011
Business, Logistics

Truckers Complain About Slow Progress in Improving Intermodal Chassis Practices

GRAPEVINE, Texas — Intermodal truckers are seeing painfully slow progress on two long-standing and related issues — changes in the providers of chassis for container shipments and effective implementation of federal chassis safety rules, industry officials reported.

October 24, 2011
Government, Business

Economy Remains Top Issue For Industry, ATRI Poll Says

GRAPEVINE, Texas — The economy topped the list of critical issues facing the trucking industry for the third consecutive year, the American Transportation Research Institute said.

October 24, 2011
Business

DOT to Consider Exempting 20 Deaf Drivers From Minimum Hearing Rule for Their CDLs

Twenty deaf or hard-of-hearing people are being considered for exemptions from a federal regulation setting minimum hearing requirements for commercial drivers, the first exemption applications to be considered in more than two decades, the Federal Motor Carrier Safety Administration said.

October 24, 2011
Government, Business

Contract Awarded to Repair Cracked, Closed I-64 Bridge

Indiana Gov. Mitch Daniels has announced that a $13.9 million contract has been awarded for repairs to the closed Ohio River bridge that carries Interstate 64 traffic between southern Indiana and Louisville, Ky.

October 24, 2011
Business, Fuel

Diesel Jumps 8¢ to $3.801; First Increase in Six Weeks

The U.S. average price for retail diesel surged 8 cents to $3.801 a gallon last week, the largest increase in more than six months, the Department of Energy reported.

October 24, 2011
Business

ATA Renews President Bill Graves’ Contract for Three Years

American Trucking Associations said it has reached an agreement on a new three-year contract with ATA President Bill Graves.

October 21, 2011