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, Fuel

Gasoline Falls 12¢ in Two Weeks to $3.54, Lundberg Survey Says

Gasoline’s national average price fell 12 cents in the past two weeks to an average $3.54 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

September 26, 2011
Business

Obama Calls on GOP To Back Road Spending

Standing in front of one of the most crowded, deficient bridges in the United States, President Obama called on Republicans to help him pass a jobs bill that contains $27 billion in construction spending for highways and bridges.

September 26, 2011
Business, Technology

Possible Restrictions on Cellphone Use Will Not Include Telematics, Executives Say

The discussion of further restricting cellphone use by truck drivers likely will not lead to limitations on the use of in-cab communication devices, in part because the devices have built-in safeguards, executives with technology firms said.

September 26, 2011
Business

Turnover Grows at Large Truckload Carriers

Driver turnover among larger fleets rose modestly in the second quarter, but declined slightly at smaller fleets that traditionally have greater success in retaining drivers, American Trucking Associations reported last week.

September 26, 2011
Editorial, Business

The Second Battle of Interstate 81

Back in 2003, Virginia began its ill-advised drive to toll an existing federal highway to raise money for road work, much to the displeasure of the region’s business community, and especially the trucking industry.

September 26, 2011
Business

Transportation Officials Urge National Effort to Attract Next Generation of Industry Talent

With the nation’s transportation system facing a shortage of skilled talent, many industry executives, academic experts and government officials are calling for a national effort to attract and train more people for transportation-related jobs — from truck drivers and warehouse managers to highway engineers and public policymakers.

September 26, 2011
Business, Equipment

Techniques to Battle Corrosion on Trucks a Hot Topic Among Maintenance Directors

RALEIGH, N.C. — Maintenance directors meeting here shared techniques for combating rust and other forms of corrosion, which they said are a plague to trucks.

September 26, 2011
Business

YRC Issues New Stock, Ends Restructuring

YRC Worldwide Inc. has completed its financial restructuring process, issuing 1.9 billion new shares of stock, driving its shares to an all-time low and raising the prospect of new steps to buoy the trading price.

September 26, 2011
Business

Virginia Eyes Tolls on I-95

The Federal Highway Administration has given Virginia approval to begin the process of imposing tolls on Interstate 95, the busiest north-south corridor on the East Coast.

September 26, 2011
Business, Technology

Schlecht Repeats as SuperTech Champion, Besting 111 Competitors in TMC Contest

RALEIGH, N.C. — Jeffrey Schlecht, who won the Technology & Maintenance Council’s Super-Tech competition last year, repeated as grand champion last week.

September 26, 2011