National Tank Truck Carriers said Wednesday it has asked Transportation Secretary Ray LaHood to stop two rulemaking processes aimed at tank trucks.
October 5, 2011Trucking 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.
Volvo Offers New Powertrain Package for VN Trucks
Volvo Trucks North America said it was introducing a new powertrain package for its VN series tractors aimed at reducing fuel consumption by up to 3%.
October 5, 2011Oil Gains $4 to More Than $79 a Barrel
Oil took its biggest single-day jump in five months Wednesday, rising $4 to more than $79 a barrel following a report that showed inventories plunged last week, Bloomberg reported.
October 5, 2011Provident Energy Acquires Two-Thirds Interest in Three Star Trucking
Provident Energy announced it has completed its acquisition of a two-thirds interest in Three Star Trucking, a Saskatchewan-based oilfield hauling company serving crude oil producers.
October 5, 2011Teletrac to Provide EOBRs for Mexican Trucks
AUSTIN, Texas — Teletrac Inc. will supply electronic monitoring devices in Mexican trucks participating in the cross-border trucking pilot program set to begin soon, a federal official announced.
October 5, 2011ISM Services Index Slips But Shows Continued Expansion
An index of the U.S. economy’s service sector declined in September but still showed expansion, the Institute for Supply Management said Wednesday.
October 5, 2011Daimler Will Protect Employees’ Jobs Through 2016
Daimler AG has pledged to protect the jobs of its permanent employees through 2016, Bloomberg reported Wednesday.
October 5, 2011Volvo to Restructure Global Truck Business
Volvo AB said it will reorganize its truck business and named a new chief financial officer, Bloomberg reported Tuesday.
October 4, 2011U.S. September Auto Sales Rise 9%
A 27% jump sales jump by Chrysler Group LLC led September U.S. auto sales that rose a total of 9% in September, Bloomberg reported.
October 4, 2011Some Truckers Hold Back on RFID, Cardless Fueling
With cardless fueling, some trucking officials believe, the future may have to wait. Radio-frequency-identification systems appear to be ideal, but many said they’re holding out for more industrywide acceptance.
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