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.
Automakers Sue EPA Over Ethanol Blend
Automakers and engine manufacturers are suing the Environmental Protection Agency over its plan to allow fuel stations to sell gasoline with 15% ethanol, the Associated Press reported.
December 20, 2010November Truck Sales Rise 8.5%
Heavy-duty retail truck sales in the United States increased 8.5% in November from a year earlier to 9,614 units, the 11th consecutive monthly gain, according to Wardsauto.com.
December 20, 2010Step Van Competition Gets Permanent Spot at National Truck Driving Championships
American Trucking Associations has agreed to give step van drivers a permanent spot in the National Truck Driving Championships.
December 20, 2010Year in Review: Trucking Gains Traction as Economy Stabilizes
Trucking companies finally gained some traction in 2010 as the economy stabilized and demand for freight hauling increased.
December 20, 2010A Lump of Coal?
The trucking industry these days can be likened to the proverbial watchful child lurking at the top of the staircase, glancing to see if Santa already has deposited the presents under the tree.
December 20, 2010Surveys See Lagging Freight Demand, Capacity Constraints Persisting in 2011
Recent surveys of carriers and shippers are signaling that slower freight demand growth and continued capacity constraints will be common phrases within the trucking industry during 2011.
December 20, 2010Truckers Volunteer to Honor Veterans with 200,000 Wreaths at Cemeteries
What started in 1992 as a project to honor veterans by laying 5,000 holiday wreaths at Arlington National Cemetery has grown to more than 200,000 wreaths and 100,000 volunteers, including a convoy of tractor-trailers that earlier this month carried donated wreaths to more than 500 burial sites for veterans in every state, Puerto Rico and 24 cemeteries on foreign soil.
December 20, 2010NITL Upset With FMC Over Investigation
The National Industrial Transportation League expressed “profound disappointment” over an investigation by the Federal Maritime Commission into numerous U.S. importer and exporter complaints of “perceived malpractices” by ocean carriers that caused supply-chain service disruptions and rate and surcharge increases from in 2009 and 2010.
December 20, 2010FedEx 2Q Earnings Drop 18%, Reflecting LTL Integration Costs
FedEx Corp.’s earnings fell 18% in the company’s fiscal second quarter to $283 million, reflecting one-time charges that included integration costs at the FedEx Freight less-than-truckload unit.
December 20, 2010Rising Crude Price Pushes Diesel, Gas to Highest Levels in 2 Years
U.S. retail motor fuel prices continued to climb last week as both diesel and gasoline reached two-year highs, the Department of Energy said.
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