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, Fuel

Diesel Rises Again, Up 2.4¢ to $3.923; Gasoline Gains 4.1¢ to $3.682

Diesel rose for a second straight week, gaining 2.4 cents to an average $3.923 per gallon, the Department of Energy said Monday.

July 19, 2011
Business

Housing Starts Soar 14.6% in June

Housing starts jumped 14.6% in June, the Commerce Department said Tuesday.

July 19, 2011
Business, Safety

ATA Supports MADD’s Campaign to Eliminate Drunk Driving

American Trucking Associations this week expressed its support for the group Mothers Against Drunk Driving’s campaign to eliminate drunk driving.

July 19, 2011
Business, Logistics

NIT League Files Petition for STB Adoption of New Freight Railroad Switching Rules

The National Industrial Transportation League has filed a petition with the Surface Transportation Board asking the agency to adopt new reciprocal switching rules to allow captive rail shippers to use a second railroad.

July 19, 2011
Business

Minn. Truckers Urge LaHood to Pay Attention to Shutdown

The Minnesota Trucking Association has written to U.S. Transportation Secretary Ray LaHood, urging him “to fully engage” his department in the state government shutdown there in order to “ensure that the state is honoring its obligations as a safety and enforcement partner.”

July 19, 2011
Business

IRS Extends Highway-Use Tax Deadline to Nov. 30

The Internal Revenue Service is advising truckers and other owners of heavy highway vehicles that their next federal highway use tax return, normally due Aug. 31, will instead be due Nov. 30.

July 18, 2011
Business

YRC Projects Operating Profit for Second Half of Year

YRC Worldwide expects to turn an operating profit in the second half of this year, the company said in a regulatory filing. It would mark the first such time since late 2007.

July 18, 2011
Business, Fuel

Senate Bill Offers Tax Credits for Hybrid, Electric Trucks

WASHINGTON — Legislation introduced in the Senate would provide tax credits of up to $24,000 to defray the cost of purchasing hybrid and electric heavy- and medium-duty trucks.

July 18, 2011
Business, Fuel, Equipment

MECA Asks For Retrofit Incentives

The Manufacturers of Emission Controls Association said even though its members installed more than 24,000 diesel retrofit devices last year, more government incentives are needed to upgrade the older diesel engines in operation.

July 18, 2011
Business

Volvo Offers Updated UD Condor Truck

Volvo AB said July 11 it is updating its Condor line of medium-duty trucks for sale in Japan by its UD Trucks division, effective July 12.

July 18, 2011