Trucking Business News

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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.

Government, Business, Safety, Technology, Equipment

Washington State Supreme Court Ruling Locks in Lower Tax Rate for OmniTracs

Purchasers of Qualcomm Inc.s OmniTracs system in Washington state dodged a tax hit following a March 10 decision about the legal classification of that system by the Washington Supreme Court.

March 21, 2011
Business

YRCs Holland Unit to Hire 1,000 Drivers

YRC Worldwides Holland unit said Monday it plans to hire about 1,000 drivers this year.

March 21, 2011
Business

Persson to Succeed Johansson as Volvos CEO

Olof Persson will become CEO of Volvo AB as of Sept. 1, the truck maker said.

March 21, 2011
Business, Fuel

Gasoline Price Rise Slows, Lundberg Survey Says

Gasolines national average price slowed its gain, rising 6.7 cents over the past two weeks to an average $3.573 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

March 21, 2011
Business, Logistics

Existing 窪蹋勛圖厙 Sales Drop to 9-Year Low

Existing home sales fell 9.6% in February to the lowest level since 2002, the National Association of Realtors said Monday.

March 21, 2011
Business, Fuel

Oil Rises to Near $103 a Barrel

Oil prices rose $2 early Monday to near $103 a barrel following weekend allied air strikes on Libya, Bloomberg reported.

March 21, 2011
Government, Business, Technology, Equipment, Letters to the Editor

Letters: EOBR Bombshell, Megaloads, Detention Times

Just so I can get this straight, now: We are allowing Mexican trucks to come into the United States as cross-border operations almost a done deal. Then, FMCSA is going to pay for EOBRs to be placed in those Mexican trucks to do business in the United States, while requiring U.S. fleets to purchase EOBRs with company money?

March 21, 2011
Editorial, Business

Monitoring HOS Compliance

It seems that a consensus is developing in the trucking industry to support electronic devices that monitor the number of hours that drivers work behind the wheel.

March 21, 2011
Business

Industry Lauds U.S. Congress for Push to End Tax Provision

Trucking industry officials have hailed congressional action to repeal an unpopular Internal Revenue Service reporting requirement contained in the 2010 health-care reform law and said they were confident Congress would approve repeal.

March 21, 2011
Business

Cross-Border Truck Program Limited by Strict Safety Standards, Ferro Says

SAN DIEGO The United States new cross-border trucking initiative with Mexico will be a small-scale, self-limiting program because Mexican carriers will have to meet a strict set of safety standards to operate in the United States, the head of the Federal Motor Carrier Safety Administrator said.

March 21, 2011