Trucking 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.
States Expanded Use of Tolls, Reined in Liability Laws
State transportation departments desperate for money to pay for projects took steps toward imposing new tolls or increasing existing ones in 2011, often inviting disdain from the trucking industry.
December 19, 2011Senate Panel OKs Freight Program, EOBRs in Funding Package for Federal Agencies
The Senate Commerce Committee approved a bill to create a national freight program that its sponsors said would boost America’s global economic competitiveness, improve its mobility and promote energy conservation.
December 19, 2011EOBR, HOS Plans Garner Some Support, But Also Draw Criticism, Spark Lawsuit
The federal government’s regulatory agenda held trucking’s attention throughout 2011, with proposals including a requirement for electronic onboard recorders on all trucks — and a plan to revise hours-of-service rules for truck drivers.
December 19, 2011ATA Says Driver Turnover Rising; Experts Cite More Freight, Regulations
Truck driver turnover is increasing steadily and exceeding pre-recession levels at both large and small truckload fleets, propelled by a combination of higher freight volumes and tighter regulations, industry experts have said.
December 19, 2011November Truck Sales Jump 77%
Heavy-duty U.S. truck sales continued their robust expansion in November, jumping 77% from the same month in 2010 and surging past the 57.7% growth rate for the year’s first 11 months, according to a Dec. 12 report from WardsAuto.com.
December 19, 2011Paying Fine Is Admission of Guilt or Liability, FMCSA Says in Proposed Rules Clarification
Federal regulators last week took initial steps to clarify procedures that have created uncertainty as to whether motor carriers, intermodal equipment providers, brokers and freight forwarders can pay a civil fine for violations without admitting guilt or liability.
December 19, 2011Patrick Quinn, Former ATA Chairman, U.S. Xpress Co-Founder, Dies at 65
Patrick Quinn, 65, a co-founder of the nation’s third-largest truckload carrier who rose from a small Nebraska farm to national positions of trucking industry leadership after opting out of a corporate legal career, died Dec. 13 at his home near Chattanooga, Tenn., succumbing to brain cancer.
December 19, 2011FedEx Net Income Soars 76% on Three Divisions’ Earnings
FedEx Corp.’s net income climbed 76% in its fiscal 2012 second quarter, helped by a third consecutive profitable quarter at the freight unit and higher earnings at the ground and express businesses.
December 19, 2011Size of Class 8 Fleet Shrinks 4.2% in 3Q; Registrations Rise Faster Through Year
The overall size of the U.S. Class 8 fleet continued its downward slide since peaking in 2008, R.L. Polk & Co. said in its latest report, which showed the number of U.S. Class 8 vehicles in operation fell 4.2% in the third quarter.
December 19, 2011Three New Projects Promise to Lift Truck/Rail Oil Transport
Three new projects, featuring transloading between trucks and trains, are being developed to tap the growing demand to transport crude oil generated by recent energy development efforts, according to separate announcements.
December 19, 2011Trending
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