Trucking 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.
Most Publicly Traded Fleets Expect Gains In Earnings for Eighth Straight Quarter
Strong pricing and lower fuel costs should help nearly all publicly traded fleets to report improved profits for an eighth-consecutive quarter, as third-quarter earnings reports roll in over the next several weeks.
October 17, 2011Tank Trailer Demand Booming, Spurred by Oil and Gas Drilling
A surge in tank truck business, spurred by oil and shale gas drilling, is fueling an “incredibly hot” market for tank trailers to haul crude oil, sand and related products, industry officials said.
October 17, 2011Indiana Truckers Deliver Hay to Parched Texas
Truckers from Indiana brought seven truckloads of hay to Texas last week in an effort to help the state’s agriculture industry through one of the worst droughts in its history.
October 17, 2011C.R. England Adds LNG Trucks
Refrigerated carrier C.R. England Inc. said it was introducing its first trucks that run on liquefied natural gas, to be operated out of its Ontario, Calif., dedicated operation division.
October 17, 2011Pilot Flying J to Sell Shorepower’s Products
Pilot Flying J said it plans to offer Shorepower Technologies truck stop electrification products at five truck stops in California and one in Texas.
October 17, 2011OnAsset Intelligence Updates Vision Software
OnAsset Intelligence said it has enhanced its Vision Software product, a software-as-a-service offering that provides shippers with the location and condition of their freight.
October 17, 2011Verisk Analytics Launches Tracking Device
Verisk Analytics last week announced the launch of IRONwatch, a wireless tracking and recovery device for mobile heavy equipment with no monthly fees.
October 17, 2011First Data Corp., TCH Announce Joint Venture
Electronic payment firms First Data Corp. and Transportation Clearing House LLC have announced plans to create a joint venture company.
October 17, 2011Celadon Buys 6% Stake in Truckload Carrier USA Truck
Truckload carrier Celadon Group last week said it had purchased a 6.29% stake in truckload fleet USA Truck, but did not comment on its plans beyond saying it was “a potentially attractive investment.”
October 17, 2011Used-Truck Sales Seen Slowing; Dealers Cite Lack of Equipment
Sales of used heavy-duty trucks in the United States appear to be declining, according to ACT Research Co., but some dealers disagreed with the firm’s finding that Class 8 volumes fell 18.2% in August, compared with the same month last year.
October 17, 2011Trending
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