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

Consumer Confidence Hits Three-Year Low

Consumer confidence reached a three-month low in March, the New York-based Conference Board said Tuesday.

March 29, 2011
Fuel, Business, Technology

WebTech Wireless Narrows Fourth-Quarter Loss

WebTech Wireless, a supplier of GPS location-based and fleet telematics services, reported a loss of C$3.55 million for the fiscal quarter ended Dec. 31, compared with a loss of C$7.26 million a year earlier.

March 28, 2011
Business

UAW Ratifies Five-Year Contract at Volvo’s Virginia Truck Plant

Volvo Trucks North America said United Auto Workers union members have ratified a five-year contract covering about 1,300 workers at its New River Valley heavy-duty truck plant in Dublin, Va.

March 28, 2011
Business, Government

EPA Oversight of Diesel Grants Criticized

Ineffective oversight of the federal diesel emissions reduction grant program by the Environmental Protection Agency may have caused EPA to overstate the environmental benefits of the program, according to a new audit by the agency’s inspector general.

March 28, 2011
Business, Fuel

Clean Energy to Provide CNG at Atlanta-Area Stations

Clean Energy Fuels Corp. has agreed to establish compressed natural gas facilities at the Atlanta-area fuel stations of PS Energy Group.

March 28, 2011
Business

UAW Approves Three-Year Contract at Dana

About 2,500 United Auto Workers members ratified a new three-year labor contract with truck and auto components maker Dana Holding Corp., the union said.

March 28, 2011
Business

Personal Spending Rises 0.7%

Consumer personal spending rose 0.7% in February, the Commerce Department said Monday.

March 28, 2011
Business

February Truck Tonnage Rises 4.2%

U.S. truck tonnage improved from a year earlier for the 15th straight month, enough to allow fleet executives to pursue higher freight rates yet leave them with worries about how global events could hurt the domestic economy.

March 28, 2011
Letters to the Editor, Business

Letters: EOBRs for Mexico, HOS & EOBR Subsidy, Bogus Letters

If FMCSA can pay for the Mexican trucks to have EOBRs, why not U.S. trucks? Our government is helping out others and yet not putting or keeping the money here in the good old United States of America.

March 28, 2011
Business

Sen. Pryor Says He Opposes DOT’s Plan to Finance EOBRs for Use on Mexican Trucks

Sen. Mark Pryor (D-Ark.) is the latest member of Congress to send a letter to Transportation Secretary Ray LaHood expressing his strong opposition to a U.S. proposal to buy electronic onboard recorders for Mexican trucks that will travel within the United States.

March 28, 2011