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.

Business

Existing ϳԹs Sales Fall 3.8%

Existing home sales fell 3.8% in May, the National Association of Realtors said Tuesday.

June 21, 2011
Business

New Haven Port Seeks to Aid Truckers

The Port of New Haven has received $380,000 to build 14 electrification stations so truckers can park in comfort with engines off as they wait to load or unload cargo, according to the New Haven Register.

June 20, 2011
Business

PeopleNet to Unveil Enhanced Blu.2

PeopleNet Communications will introduce a new model of its in-cab computer known as Blu.2 that is designed to enhance functionality of the company’s earlier model.

June 20, 2011
Business

Ryder, Ceva Logistics Expand Trailer-Leasing Pact

Ryder System said Monday it has expanded its leasing contract with Ceva Logistics by adding more than 1,000 trailers.

June 20, 2011
BusinessTechnology

iTECH: Cracking Down on Fuel Card Fraud

Statistics on just how much money is lost annually to fraudulent fuel sales are elusive — neither the U.S. Department of Energy nor its Energy Information Administration maintains such records — but the industry is aware that it’s going on.

June 20, 2011
BusinessFuel

Oil Falls to Near $91 a Barrel

Oil fell to near $91 a barrel in early trading Monday, the lowest intraday price since February and below the closing price at the end of last year, Bloomberg reported.

June 20, 2011
Business

May Truck Sales Surge 68%

Heavy-duty U.S. truck sales surged 68.3% in May compared with year-ago results, the fastest monthly growth rate in a 17-month string of gains.

June 20, 2011
Letters to the EditorBusiness

Letters: Broker Bonds Again, Recruitment Revisited, Hours-of-Service

This never-ending hours-of-service regulatory process reminds me of a quip from a John Wayne movie: “We’re burnin’ daylight.” Trucks continue to roll down our nation’s highways, with drivers more confused than ever on pending legislation.

June 20, 2011
BusinessGovernmentSafetyAutonomous

ATA, Port of Los Angeles Continue Court Fight Over Classification of Independent Truckers

If an appeals court agrees with a lower court judge who backed the Port of Los Angeles’ argument that it is a business, then all drayage truck drivers will be required to be employees of licensed motor carriers.

June 20, 2011
Business

More Electrification Firms Vie for Truck Stop Business

Truck stop electrification initiatives are proliferating again as four vendors try to convince more drivers to shut down engines and use the systems’ heating, cooling and Internet options to reduce emissions, costs and fuel use.

June 20, 2011