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

NTSB Issues Rollover Recommendations Aimed at Improving Tank Truck Safety

The National Transportation Safety Board last week issued a slate of comprehensive regulatory recommendations aimed at reducing the number of cargo tank truck rollovers by mandating the installation of roll stability technologies and improved cargo tank design.

August 1, 2011
Business

MCE Speakers to Discuss Economy, Politics

American Trucking Associations has formally announced several highlight events of its 2011 Management Conference & Exhibition, scheduled for Oct. 15-18 in Grapevine, Texas.

August 1, 2011
Business

YRCW Sees $39.1 Million 2Q Loss, But 1st Operating Gain Since ’08

Less-than-truckload giant YRC Worldwide Inc. reported a second-quarter loss of $39.1 million, but said it had its first operating profit since 2008 in the second quarter and announced a restructuring that makes lenders the majority owners of the carrier.

August 1, 2011
Business, Fuel

Diesel Fuel Price Average Reaches $3.949 After Third Straight Increase

U.S. retail diesel prices rose for the third consecutive week, increasing 2.6 cents a gallon to a national average of $3.949, the Department of Energy reported.

August 1, 2011
Business, Fuel

Obama Sets 54.5-mpg Fuel-Efficiency Standard for Cars, Light Trucks by 2025

President Obama announced an agreement with 12 major automakers to boost fuel-economy standard for cars and light-duty trucks to 54.5 mpg by 2025, the Department of Transportation said.

July 29, 2011
Business, Logistics

CRST International Buys Specialized Transportation

CRST International said it has acquired Specialized Transportation Inc., formerly the high-value products/logistics division of North American Van Lines.

July 29, 2011
Business, Technology

Internet Truckstop Adds RMIS

Internet Truckstop said it has reached an agreement with Registry Monitoring Insurance Service to offer services such as tracking of carrier insurance data that can be used by the load-board operator’s customers.

July 29, 2011
Business

Chicago Manufacturing Activity Falls

Manufacturing activity in the Chicago area fell in July, the Institute for Supply Management-Chicago said Friday.

July 29, 2011
Business, Government, Logistics

Consumer Confidence Falls to Two-Year Low

Consumer confidence fell to a two-year low in July, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

July 29, 2011
Business

Universal Truckload’s 2Q Profit Declines

Universal Truckload Services’ second-quarter income declined from a year ago despite higher truckload revenue.

July 29, 2011