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

CARB Approves $40 Million for Clean Vehicles

The California Air Resources Board approved up to $40 million to promote the purchase of next-generation clean cars and trucks in the third year of its Air Quality Improvement Program.

July 25, 2011
Business

Qualcomm Earns $1.03 Billion in Fiscal 3Q

Qualcomm Inc., a maker of trucking communication devices and wireless chips, said fiscal third quarter income rose to $1.03 billion, or 61 cents per share, on revenue of $3.62 billion.

July 25, 2011
Business, Fuel

Canada Formally Issues Biodiesel Mandate

The Canadian government formally published a regulation July 20 mandating a 2% biodiesel blend in most provinces.

July 25, 2011
Business, Fuel

Hino Trucks OK’d for B20 Biodiesel

Hino Trucks USA, Novi, Mich., said on July 12 its cabover trucks in Classes 4-5 and conventional trucks in Classes 6-7 have been approved to use up to B20 biodiesel.

July 25, 2011
Business

Truckload Firms Post Earnings Gains on Tight Capacity, Higher Rates

Six of seven publicly traded large truckload carriers delivered strong second-quarter profit increases last week, as capacity constraints helped to boost rates and margins.

July 25, 2011
Business, Fuel

Gasoline Price Rises 9¢ to $3.70 a Gallon, Lundberg Survey Says

Gasoline’s national average price rose 9 cents in the past two weeks to an average $3.70 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

July 25, 2011
Business

Some Midwest Roads, Rails Buckling in Heat Wave

The ongoing heat wave over much of the country is causing railroad rails and asphalt roads in some Midwestern states to expand and buckle, forcing transportation officials to make repairs and railroads to pay close attention to their tracks’ safety, the Associated Press reported.

July 25, 2011
Business

Key Senate Panel Says Support Is Growing For Two-Year Highway Reauthorization Plan

WASHINGTON — Leaders of a key U.S. Senate committee said bipartisan support for their two-year transportation reauthorization plan is growing, although they have yet to introduce a bill.

July 25, 2011
Business

N.Y.C. Launches Traffic Program to Limit Traffic Jams

New York City is hoping to ease midtown Manhattan traffic congestion with new technology that will track the flow of vehicles and allow engineers to control traffic lights in real time, the Associated Press reported.

July 25, 2011
Business, Technology

EnviroDock Installs E-Docks For Trucks at Tennessee Plaza

EnviroDock Inc. has completed a truck-stop electrification project at the TR Auto Truck Plaza in Dandridge, Tenn., marking the latest installation of technology designed to reduce idling and enhance driver comfort.

July 25, 2011