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

New 窪蹋勛圖厙 Sales Fall to Lowest Pace on Record

February new home sales fell to the slowest pace on record, the Commerce Department said Wednesday.

March 23, 2011
Business

Cargo Volume Rose 16% in 2010 at Port of New York/New Jersey

Cargo volumes rose 16% in 2010 over the previous year at the Port of New York and New Jersey, the agency that oversees it reported.

March 23, 2011
Business

Senator Sends Letter Opposing Mexican Truck EOBR Program

Sen. Mark Pryor (D-Ark.) sent a letter to Transportation Secretary Ray LaHood outlining his opposition to the U.S. proposal to buy electronic onboard recorders for Mexican trucks that will travel within the United States.

March 23, 2011
Business

February Truck Tonnage Rises 4.2%

February truck tonnage increased 4.2% from a year ago but slipped from January, American Trucking Associations said Tuesday.

March 22, 2011
Government, Business

ATA Mulls Suit Over HOS Rule

American Trucking Associations is poised to file a lawsuit against the Federal Motor Carrier Safety Administration if the agency adopts a proposed rule that would cut driver time to 10 hours a day, ATA Chairman Barbara Windsor said.

March 22, 2011
Government, Business

New Senate Bill Would Create Infrastructure Bank

A bipartisan group of Senators has introduced a bill that would create a national infrastructure bank to issue loans and loan guarantees for transportation and other infrastructure projects of regional and national significance.

March 22, 2011
Business

Caterpillar Introduces Vocational Truck

LAS VEGAS Caterpillar Inc. has introduced the CT660, the first in a line of Caterpillar-branded vocational on-highway truck models.

March 22, 2011
Business, Fuel

Diesel Drops for First Time Since November

Diesel slipped a tenth of a cent to $3.907 a gallon, its first drop since November, while gasoline also declined, the Department of Energy said Monday.

March 22, 2011
Business

Berkshire Hathaway to Buy Lubrizol

Berkshire Hathaway will acquire Lubrizol Corp., the worlds largest producer of lubricant additives, the companies said.

March 22, 2011
Business, Technology, Equipment, Safety

Xata Corp. Becomes a SkyBitz Reseller

Telematics and mobile communications provider Xata Corp., Eden Prairie, Minn., now resells trailer-tracking systems made by SkyBitz, the companies announced March 9.

March 22, 2011