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

Rising Freight Volumes, Rates to Buoy First-Quarter Earnings

Most trucking companies are expected to post a fifth consecutive quarter of better earnings because freight volumes and rates are rising, but sharply higher fuel prices likely will put a dent in the increases, analysts said.

April 11, 2011
Business

Mid-America Trucking Show Attracts More Visitors, Vendors

LOUISVILLE, Ky. — The 40th Mid-America Trucking Show here grew by more than 7% from 2010 in terms of visitors and exhibitors, but fell short of establishing new records in either category.

April 11, 2011
Government, Business

Economists Lift GDP Projections as Factory Activity Picks Up

Fueled by stronger manufacturing and demand for freight, the U.S. economy will grow at least at a 3.2% annual pace in 2011, and truck tonnage will rise 5%, according to several recent reports.

April 11, 2011
Business

Trucking Jobs Grow 3% to 1.27 Million in March

The number of people employed in trucking rose 3% in March, compared with a year ago, to a seasonally adjusted 1.27 million, the Department of Labor reported April 1.

April 11, 2011
Government, Business, Technology, Equipment

ATA Endorses Electronic Logs to Check Driver Hours of Service

American Trucking Associations last week endorsed a federal proposal that trucking companies use electronic logging devices to monitor driver compliance with the hours-of-service rule.

April 11, 2011
Business

Patent-Holding Company Files Lawsuit Against More Than 200 Trucking Fleets

A patent-holding company has filed suit against more than 200 motor carriers, alleging those fleets infringed upon a patent it holds by using certain tracking and communications systems in their trucks, according to court documents.

April 11, 2011
Business

Total Highway Deaths Fall 3% in 2010

The total number of people killed in traffic accidents in the United States in 2010 declined 3% from a year earlier, despite the fact that Americans drove about 20.5 billion more miles, the National Highway Traffic Safety Administration reported.

April 11, 2011
Business, Fuel

Diesel Prices Up 4.4¢ to $3.976 as Economy Stokes Demand

The diesel-price spike continued last week, as the U.S. retail average rose another 4.4 cents to $3.976 a gallon, the Department of Energy reported.

April 11, 2011
Business, Fuel

Oil Jumps to Top $112 a Barrel

Oil prices continued to spike Friday, jumping $2.49 to finish the trading week over $112 a barrel on continued concerns over Libya’s civil conflict, Bloomberg reported.

April 8, 2011
Business, Logistics

Intermodal Traffic Jumps 19.4% for Week

Intermodal traffic jumped 19.4% last week compared from a year ago, the Association of American Railroads reported.

April 8, 2011