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.

Letters to the Editor, Government, Business, Technology, Equipment

Letters: EOBR Rule, Like/Kind Convoy

This is in reference to the editorial Fixing the EOBR Rule. What we need to fix the electronic onboard recorder rule and many other inane decisions by activist jurists is a little real-world common sense.

September 19, 2011
Business, Fuel

Shell Sets Campaign to Boost Natural Gas; Plans LNG Plant, Distribution in Canada

Global petroleum provider Shell Oil Co. unveiled a major push to promote natural gas in North American freight transportation, saying that it aims to produce liquefied natural gas suitable for commercial vehicles in a plant near Calgary, Alberta, by 2013.

September 19, 2011
Business

Western Star Eyes Big Gain in its Class 8 Market Share

PORTLAND, Ore. Western Star, the severe service and specialty subsidiary of Daimler Trucks North America, aims to double its market share in the heavy-duty category over the next three years, according to company officials.

September 19, 2011
Business

Truckers Face Delays Around Louisville Area, as I-64 Bridge Is Closed After Crack Found

Trucking companies are facing significant delays and detours around Louisville following a sudden bridge closure on Interstate 64.

September 19, 2011
Business

UPS Seeks 10% Profit Gains, Offers New Delivery Service

UPS Inc. last week set ambitious financial targets based on annual profit growth of about 10% companywide, while also announcing a new residential package delivery service with a two-hour delivery window option.

September 19, 2011
Business

August Truck Sales Soar 70.8%

Class 8 U.S. retail truck sales soared in August by 70.8% the highest increase since 2004 and crossed the 15,000-vehicle mark for the first time since 2007.

September 19, 2011
Business

Congress Approves Extension of Highway Bill Through March

Congress last week approved a short-term measure to extend federal surface transportation spending and the federal fuel tax system that helps fund it until March 31.

September 19, 2011
Business, Fuel

Diesel Dips 0.6瞽 to $3.862, But Still Far Above Year Ago

The average price of U.S. retail diesel dipped 0.6 cent a gallon to $3.862 last week following two weeks of increases, the Department of Energy reported.

September 19, 2011
Editorial, Business

Pass a Real Highway Bill

We agree with President Obama that federal funding of infrastructure projects is a great way to help spark the national economy and get Americans working.

September 18, 2011
Business, Logistics

Weekly Intermodal Traffic Edges Up 0.6%

Intermodal traffic rose 0.6% for the week ended Saturday from a year ago, led by an increase in trailer traffic, the Association of American Railroads said.

September 16, 2011