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

TravelCenters of America to Add RFID Cardless Fueling System

TravelCenters of America said Wednesday that it will purchase and install cardless fueling technology at all of its locations nationwide.

December 14, 2011
Business

Import Prices Climb 0.7% in November

The price of goods imported to the United States rose 0.7% in November, the first increase in four months, the Labor Department said Wednesday.

December 14, 2011
BusinessSafety

NTSB Wants Ban on All Phone Use and Texting While Driving

U.S. drivers would not be able to send text messages or use mobile phones — even with headsets or speakers — under a recommendation Tuesday by the National Transportation Safety Board aimed at preventing distracted-driving crashes, Bloomberg reported.

December 14, 2011
BusinessFuel

Diesel Drops 3.7¢ to $3.894 in Third Decline

Diesel’s national average pump price fell 3.7 cents to $3.894 a gallon, its third straight downturn, while gasoline also declined, the Department of Energy said.

December 14, 2011
Business

Former ATA Chairman and U.S. Xpress Co-Founder Patrick Quinn Dies at 65

Patrick Quinn, co-founder, co-chairman and president of U.S. Xpress Enterprises and a former chairman of American Trucking Associations, died Tuesday. Quinn, 65, had brain cancer.

December 13, 2011
Business

Truck Driver Turnover Rate Rises for Fourth Straight Quarter

The turnover rate for truckload drivers at large fleets rose to 89% in the third quarter, from 79% in the second quarter, the fourth straight increase, American Trucking Associations reported.

December 13, 2011
Business

Trucking Companies Deliver Wreaths to Honor Veterans

Trucking companies from across the country volunteered their services this month to deliver donated wreaths to veterans’ tombstones in conjunction with Wreaths Across America.

December 13, 2011
Business

Business Inventories Rise in October

Business inventories rose 0.8% in October while sales increased, the Commerce Department said Tuesday.

December 13, 2011
Business

Retail Sales Edge Up 0.2% in November

Retail sales improved 0.2% in November, the slowest rate of growth in five months, the Commerce Department said Tuesday.

December 13, 2011
BusinessTechnology

Volvo Trucks Offers Bluetooth as Standard

Volvo Trucks in North America announced on Monday that it will now offer its Bluetooth-equipped radio as standard equipment on all VN and VHD models.

December 12, 2011