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

Washington DOT Keeps Authority to Set Toll Rates

The Washington State Department of Transportation will continue to be allowed to set toll rates without legislative approval after voters narrowly rejected a measure that would have restricted toll changes.

November 22, 2011
BusinessLogistics

FedEx Orders 100 New Step-In Vans

FedEx Express said it has purchased 100 Reach model walk-in vans with composite materials made by Isuzu Commercial Truck of America and bodybuilder Utilimaster Corp.

November 22, 2011
Business

Hoffa Wins Third Term as Teamsters’ President

James Hoffa was re-elected to another five-year term as head of the Teamsters union, winning about 60% of the vote, the union said on its website.

November 21, 2011
Business

Existing ϳԹ Sales Rise in October

Existing home sales rose 1.4% in October, the National Association of Realtors said Monday.

November 21, 2011
Business

California Amends Drayage Rule

The California Air Resources Board said it has amended its port drayage regulation to include Class 7 trucks and make “dray-off” illegal.

November 21, 2011
Business

Daimler, MAN Step Up China, India Presence

Daimler AG and MAN SE have stepped up their presence in China and India, respectively, Bloomberg reported Monday.

November 21, 2011
Business

Gasoline Declines 5¢ in Two Weeks to $3.38, Lundberg Survey Says

Gasoline’s national average price declined 5 cents in the past two weeks to an average $3.38 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

November 21, 2011
BusinessTechnology

Concerns About Onboard Devices Persist

Although many motor carriers have readily embraced onboard computers and electronic onboard recorders — largely because they provide easy communication between trucks and company terminals — they have some concerns about the devices, fleet managers and industry observers said.

November 21, 2011
BusinessTechnology

NavStar Secures $2.4 Million to Develop GPS Tracking, Hire Employees

Nascent electronic onboard recorder maker NavStar Technologies announced it has secured $2.4 million in funding from an unidentified investment group in Southern California.

November 21, 2011
BusinessTechnology

PeopleNet, ALK, Paragon Unveil Software Upgrades

PeopleNet Communications, ALK Technologies and Paragon Software said they have upgraded their trucking navigation software.

November 21, 2011