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.

GovernmentBusiness

Maryland Proposes Raising Tolls on 7 Major Highways, Bridges, Tunnels

The Maryland Transportation Authority on June 2 proposed significantly increasing tolls over the next two years on seven highways, bridges and tunnels in the state.

June 14, 2011
Business

Retail Sales Decline for First Time in Almost a Year

Retail sales fell in May for the first time in 11 months, as automobile sales slumped, the Commerce Department said Tuesday.

June 14, 2011
Business

Producer Price Index Rises 0.2% in May

The producer price index rose 0.2% in May, the Labor Department said Tuesday.

June 14, 2011
BusinessEquipment

Yokohoma Tire Hikes Prices

Yokohama Tire announced it will implement a price increase of an average of 8% on all of its light and medium commercial truck tires sold in the United States on July 1.

June 13, 2011
Business

Truck Efficiency Rule Sent to White House

The first-ever heavy-truck fuel-efficiency proposal has been sent to the White House Office of Management and Budget for review.

June 13, 2011
BusinessEquipment

Goodyear ‘Deep-Tread’ Tire to Reduce Rolling Resistance

Goodyear Commercial Tire Systems introduced a new drive tire that it said reduces rolling resistance by nearly 10% compared with its predecessor, leading to better fuel mileage.

June 13, 2011
BusinessFuelLogisticsGovernmentAutonomous

CTA Fuel Expert Challenges Biodiesel Claims

An expert hired by the Canadian Trucking Alliance is disputing claims made by the Canadian renewable fuels industry that diesel fuel buyers would save dramatically if the federal government proceeds with a proposed biodiesel mandate on July 1.

June 13, 2011
BusinessLogistics

Hub Group Buys Drayage Carrier Domestic Transport

Intermodal and logistics firm Hub Group Inc. said Monday it has acquired Pacific, Wash., drayage carrier Domestic Transport. Terms were not disclosed.

June 13, 2011
BusinessFuel

Gasoline Falls 17¢ to $3.74, Lundberg Says

Gasoline’s national average price plunged 17 cents in the past three weeks to $3.74 per gallon, according to the latest Lundberg Survey of filling stations released Sunday.

June 13, 2011
BusinessSafetyTechnology

iTECH: Roadside Electronics Track Vehicle Registration Data

Technology that can detect from the roadside whether a vehicle is current on its registration and insurance has been launched successfully on a small island nation and could be expanded to save North American cargo fleets some time on the road and in the back office.

June 13, 2011