Trucking 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.
U.S. Seeks EOBR Mandate
The Federal Motor Carrier Safety Administration last week proposed requiring nearly all interstate commercial motor carriers to install electronic data recorders to monitor their drivers’ hours-of-service compliance.
February 7, 2011Concern Over Tire Prices, Supply
There were more signs of the trucking industry’s resurgence last week, as a number of publicly-held fleets reported improved earnings, while analysts said trailer and used trucks sales surged during 2010.
February 7, 2011Trailer Orders, Shipments Soar, Led by 417% Jump for Dry Vans
The freight-trailer industry rebounded sharply during 2010, with orders more than doubling to 166,500 and shipments rising 52% over 2009 to 119,900 units, ACT Research Co. reported.
February 7, 2011Strong Used-Truck Sales Gains Creating Shortage, Dealers Say
Customers bought used Class 8 trucks at such a fast pace last year that they swept dealer lots nearly clean, triggering shortages expected to last for several years and pushing prices up as much as 30%, according to dealers and analysts.
February 7, 2011New Push by Senate Committee Chairman Focuses on FAA Funding, Rail Competition
Two transport issues left over from the last Congress are moving in different directions on Capitol Hill in the early days of the current congressional session.
February 7, 2011UPS Posts $1.12 Billion 4Q Profit as Volume, Rates Rise
UPS Inc. nearly doubled its fourth-quarter net earnings, which shot up to $1.12 billion as volumes and pricing improved across almost all business segments, the parcel carrier said Feb. 1.
February 7, 2011Design, Maintenance of Key Components to Be Focus of TMC’s Meeting in Tampa
Many of the maintenance professionals who keep U.S. truck fleets running smoothly will focus their attention on wider dissemination of the motor freight industry’s recommended engineering practices at the Technology & Maintenance Council’s annual meeting in Tampa, Fla.
February 7, 2011Truckers Hauled Vast Majority of Freight During 2007, New U.S. DOT Analysis Finds
Trucks hauled the vast majority of freight in the United States, according to the Department of Transportation’s Bureau of Transportation Statistics.
February 7, 2011Second Bridge Linking Detroit, Ontario Key to Michigan Economy, Gov. Says
Rick Snyder, Michigan’s new governor, is forcefully pushing to accomplish what his predecessors failed to do — building a second bridge between Detroit and Windsor, Ontario, the busiest freight crossing in the United States.
February 7, 2011Tire Manufacturers Boost Prices as Rubber, Oil Costs Increase
Truck tire manufacturers have raised prices up to 12% in recent weeks, citing materials costs, while concern is mounting about future supplies after the sudden rise in new tractor and trailer sales.
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