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

Daimler Keeps 2011 Earnings Forecast; Cites Upturn in North American Truck Market

Daimler AG is holding to its forecast for improved earnings this year, and the company boosted its 2011 forecast for North American truck market growth, Bloomberg reported Wednesday.

April 13, 2011
Business

Retail Sales Rise for Ninth Straight Month

Retail sales rose for the ninth straight month in March, increasing 0.4%, the Commerce Department said Wednesday.

April 13, 2011
Business

Business Inventories Rise 0.5%

Business inventories rose 0.5% in February, the Commerce Department said Wednesday.

April 13, 2011
Business

Diesel to Remain Over $4 a Gallon, DOE Says

Diesel will remain over $4 a gallon this summer, the Department of Energy said in its latest monthly short-term energy outlook.

April 13, 2011
Government, Business, Safety

ATA Chairman Testifies on Hazmat Regs

American Trucking Associations Chairman Barbara Windsor told a House panel Wednesday that changes are needed to regulations governing hazardous materials shipments in order to improve efficiency and relieve unnecessary regulatory burdens.

April 12, 2011
Government, Business

Senators Propose Drug-Testing Database

Sens. Mark Pryor (D-Ark.) and John Boozman (R-Ark.) introduced a bill last week that would establish a database of drug testing information for truck and bus drivers.

April 12, 2011
Business

Truck-Involved Highway Fatality Rate Falls to Record Low

The rate of highway fatalities from accidents involving large trucks fell 14.1% to the lowest level on record, according to an American Trucking Associations analysis of Department of Transportation data.

April 12, 2011
Government, Business

Texas May Boost Some Highway Speed Limits to 85-mph

The Texas House has given final approval to a bill that could raise the speed limit on some highways to 85 mph, the Associated Press reported.

April 12, 2011
Business

Senators Introduce Bill to Boost Truck Weights

Four U.S. senators have introduced legislation to allow states to increase truck weights to 97,000 pounds.

April 12, 2011
Business, Fuel

Diesel Jumps a Dime to Top $4 a Gallon

Diesel’s national average jumped over $4 for the first time since September 2008, gaining 10.2 cents to $4.078 a gallon, the Department of Energy said Monday.

April 12, 2011