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.

Government, Business

Cargo Tank Maintenance Proposal Costly, Tank Truckers Say

A proposal to outsource regulatory requirements for the manufacture and maintenance of cargo tanks to a pair of professional organizations would impose a costly financial burden on the cargo tank industry, several industry commenters told federal regulators.

May 24, 2011
Government, Business

Builders, Unions Set to Rally, Lobby for New Highway Bill in Washington

More than 400 contractors, materials suppliers and engineers are expected to rally in Washington Wednesday and to lobby Congress for a new highway bill to replace the one that originally expired in September 2009.

May 24, 2011
Business, Fuel

Diesel Drops 6.4¢ to Below $4 a Gallon; Gasoline Falls 11.1¢ to $3.849

Diesel took its biggest drop in a year, declining 6.4 cents to $3.997 a gallon, while gasoline dropped by more than a dime, the Department of Energy said.

May 24, 2011
Business

TravelCenters to Sell 10 Million Shares in Secondary Offering

TravelCenters of America, the nation’s only major truck stop chain that is publicly traded, announced a secondary offering of 10 million shares to be priced at $5.69 each.

May 24, 2011
Business

New ºÚÁϳԹÏÍø Sales Rise 7.3% in April

New home sales climbed 7.3% in April, two months after falling to a record low in February, the Commerce Department said Tuesday.

May 24, 2011
Business

UPS Using Biodiesel at Worldport Facility

UPS Inc. has begun using biodiesel fuel blends at its Worldport hub in Louisville, Ky., the National Biodiesel Board said.

May 24, 2011
Business

Mack to Boost Production, Add Shift at Pa. Plant

Mack Trucks said it will boost production and add a shift at its Macungie, Pa., truck plant in August, adding about 300 new employees.

May 23, 2011
Business, Logistics

TransForce, DHL Reach Deal on Domestic Canadian Logistics Operations

TransForce Inc. and DHL Express Canada agreed to enter a 10-year agreement under which TransForce will buy the assets of DHL Express’ domestic Canadian business, the companies said.

May 23, 2011
Business

Eaton Unites Aftermarket, Truck Clutch Units

Industrial manufacturer Eaton Corp. said it has combined its truck and automotive aftermarket divisions with its heavy-duty clutch building subsidiary into a single entity called the global aftermarket and clutch business unit.

May 23, 2011
Business, Government, Safety

Capacity Tight, Demand Strong as Summer Looms, Experts Say

Freight capacity remains generally tight and demand strong ahead of the summer shipping season, ac-ording to several carrier executives and analysts.

May 23, 2011