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.

BusinessLogistics

DHL Boosts Service Between U.S., Middle East, Asia

DHL Express said it has expanded air service this week with new, next-day intercontinental flights between the United States and Middle East and Asia-Pacific destinations, to meet increased demand along these trade lanes

June 8, 2011
GovernmentBusiness

FMCSA Field Supervisor Pleads Guilty to Accepting Bribes

A Buffalo, N.Y.-based Federal Motor Carrier Safety Administration field office supervisor has pleaded guilty to accepting more than $41,000 in bribes to provide “inside information” and to ensure that some Canadian motor carriers received satisfactory safety ratings on FMCSA audits and inspections, according to court documents.

June 7, 2011
BusinessFuel

Diesel to Average $3.87 This Year, DOE Says

Diesel will average $3.87 a gallon this year, the Department of Energy said, lowering its most recent forecast by 2 cents.

June 7, 2011
Business

Navistar’s 2Q Income Improves; Truck Sales Rise

Navistar International Corp. said Tuesday its fiscal second-quarter profit rose from a year ago as its truck segment’s sales improved.

June 7, 2011
BusinessFuel

Diesel Dips 0.8¢ to $3.94 in Fifth Straight Decline; Gasoline Falls 1.3¢ to $3.781

Diesel’s national average fell 0.8 cent to $3.94 a gallon, its fifth straight decline, while gasoline fell 1.3 cents to $3.781, the Department of Energy said Monday.

June 7, 2011
Business

UPS Boosting Latin American Air Network

UPS Inc. said Monday it has significantly expanded the capacity of its express air network throughout the Central and South America.

June 7, 2011
Business

Three-Day Roadcheck 2011 Gets Under Way

The Commercial Vehicle Safety Alliance began its three-day Roadcheck 2011 event Tuesday, which will run through Thursday.

June 7, 2011
BusinessTechnology

Brown Trucking to Use SkyBitz

SkyBitz said its GLS trailer tracking system has been selected by regional dedicated carrier Brown Trucking to enhance the truckload carrier’s asset management.

June 6, 2011
Business

Volvo Offers LNG, Methane Gas Truck for Longhaul Fuel Savings in Europe

Truck maker Volvo AB, based in Sweden, said it has launched its first longhaul truck in Europe powered by up to 75% liquefied natural gas or methane gas.

June 6, 2011
Business

L.A. Port to Ask Six Carriers for Refunds on Subsidies Given to Buy Clean Trucks

After nine months of wrangling over drayage truck data, Port of Los Angeles officials said they plan to soon ask six carriers who received subsidies for purchasing new cleaner-running trucks to refund a total of more than $1.5 million for trucks that did not make enough trips to the port last year.

June 6, 2011