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

LNG Supporters Eye Expansion to Create National Network

The first extended network of natural gas filling stations could be running in a few years, the head of the nation’s largest natural-gas fuel distributor said April 13.

April 18, 2011
Business

GAO Sees Flaws in DOT’s Grants Process

The Government Accountability Office last week issued two reports that found flaws in the Transportation Department’s process for awarding $9.5 billion in federal stimulus grants, drawing sharp criticism from some Republican members of Congress.

April 18, 2011
Business

Wetlines Proposal Will Burden Trucking, ATA Chairman Windsor Tells House Panel

Federal regulators should abandon a proposed rule that would restrict transportation of flammable liquids in the pipes used to load and unload gasoline and other flammable products, the chairman of American Trucking Associations told a House panel last week.

April 18, 2011
Business

Senate Bill Would Allow States to Raise Limit to 97,000 Pounds for Trucks on Interstates

Legislation that would allow states to increase maximum vehicle weights to 97,000 pounds on interstate highways has been reintroduced in the U.S. Senate.

April 18, 2011
Business

Experts Say Outlook for Brokers Is Positive Despite Tightening Margins, Cost Pressures

ORLANDO, Fla. — The outlook for brokerage firms is mostly positive, despite compressed margins and inflationary cost pressures, industry officials and analysts said.

April 18, 2011
Business

DOT Unveils Safety Details of Mexican Truck Program

The Transportation Department said its recently unveiled three-year pilot program to allow Mexican trucks to enter the United States combines multiple safety-related steps with a new approach to determine the level of participation.

April 18, 2011
Business, Fuel

U.S. Diesel Fuel Price Jumps 10.2¢ to Top $4 a Gallon

The average price for a gallon of U.S. retail diesel rose above $4 last week for the first time in two-and-a-half years and will likely remain there through 2012, according to the U.S. Department of Energy.

April 18, 2011
Business, Safety

Intermodal Traffic Gains 12.4% for Week

Intermodal traffic grew 12.4% last week compared from a year ago, the Association of American Railroads reported.

April 15, 2011
Business, Safety, Government, Autonomous

Illinois Appellate Court Upholds Liability Ruling Against C.H. Robinson for Fatal Accident

An Illinois appellate court has upheld a lower court’s ruling that freight forwarder C.H. Robinson Worldwide is liable for damages in a case stemming from a fatal truck accident in 2004.

April 15, 2011
Business

Trucking Groups Oppose D.C. Parking Permit Plan

Five trucking industry associations filed comments recently opposing a plan to require motor carriers to buy permits to park in Washington, D.C.

April 15, 2011