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, Equipment

Selleck Takes Chairman/President Post at Michelin North America

Pete Selleck has assumed his posts of chairman and president of Michelin North America, succeeding Richard Wilkerson, who is retiring, the tire manufacturer said Monday.

October 17, 2011
Business

ATA’s Graves Sees ‘Inviting, Long Road Ahead for Trucking’

GRAPEVINE, Texas — American Trucking Associations President Bill Graves said at ATA’s annual convention that despite prevailing political and economic uncertainty, the United States and the trucking industry are poised for better days ahead.

October 17, 2011
Government, Business

Obama Expedites Tappan Zee Bridge Replacement Plan in N.Y.

Replacement work on the Tappan Zee Bridge across the Hudson River north of New York City could begin as early as next year under a federal program to expedite large infrastructure projects.

October 17, 2011
Business

Industrial Production Rises for Fifth Month

Industrial production rose for a fifth straight month in September, led by a gain in automobile output, the Federal Reserve said Monday.

October 17, 2011
Business

Russell Gerdin, Founder of Heartland Express, Dies at 70

Russell Gerdin, the founder and former chairman and CEO of Heartland Express Inc., died Friday at the age of 70.

October 17, 2011
Government, Business

U.S. Exporters, ATA Welcome Mexican Carrier’s Operating Clearance

The Federal Motor Carrier Safety Administration’s decision to allow a Mexico-based carrier to operate in the United States received praise from U.S. groups whose exports to Mexico will soon be free from retaliatory tariffs.

October 17, 2011
Business

N.Y. Manufacturing Index Contracts for Fifth Month

Manufacturing activity in the New York region contracted in October for a fifth straight month, the Federal Reserve Bank of New York said Monday.

October 17, 2011
Business

Most Publicly Traded Fleets Expect Gains In Earnings for Eighth Straight Quarter

Strong pricing and lower fuel costs should help nearly all publicly traded fleets to report improved profits for an eighth-consecutive quarter, as third-quarter earnings reports roll in over the next several weeks.

October 17, 2011
Business, Logistics, Equipment

Tank Trailer Demand Booming, Spurred by Oil and Gas Drilling

A surge in tank truck business, spurred by oil and shale gas drilling, is fueling an “incredibly hot” market for tank trailers to haul crude oil, sand and related products, industry officials said.

October 17, 2011
Business

Indiana Truckers Deliver Hay to Parched Texas

Truckers from Indiana brought seven truckloads of hay to Texas last week in an effort to help the state’s agriculture industry through one of the worst droughts in its history.

October 17, 2011