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.

Business

OEMs Confident of Meeting Growing U.S. Truck Demand

Truck manufacturers said they are prepared to boost production to meet increasing demand in 2011, although some experts warned shortages of key components could develop as suppliers struggle to keep up with what could be one of the strongest sales markets in years.

December 13, 2010
Business, Fuel

Diesel Premium to Remain in 2011, Analysts Predict

U.S. retail diesel has sold at a premium over gasoline throughout 2010, and petroleum market watchers said global competition for the trucking industry’s main fuel likely means that will not change any time soon.

December 13, 2010
Business, Technology

iTECH: No Middle Ground on Net Neutrality

Google’s recent move to forsake Net Neutrality — the premise that all content on the Web should be distributed evenhandedly — threatens to have serious consequences for trucking companies’ websites, especially if other Internet titans follow suit.

December 13, 2010
Business, Fuel

Oil Trading Near $90 a Barrel on High Demand

Oil traded near a two-year high close to $90 early Monday as a report showed continued high demand in China, Bloomberg reported.

December 13, 2010
Business, Technology

Opinion: Alternative Risk Transfer Options

Ensuring the safe delivery of every load should be a top priority in the trucking industry. Yet, even with the most sophisticated technologies and best risk-management techniques, bad things can happen to good people — or good carriers.

December 13, 2010
Letters to the Editor, Business

Letters: Driver Shortage, Drugs and Drivers, Teamsters Exit, NASTC’s Xmas List

There is no driver shortage for organizations that understand productivity, process capability and continuous improvement. How the organization thinks determines the extent of driver retention and whether a driver shortage is real or just an outcome of poor management.

December 13, 2010
Editorial, Business, Fuel

The Return of the Oil Speculators

There are worrisome signs that commodities speculators are returning to the nation’s fuel markets, pushing prices higher than the normal forces of supply and demand would warrant.

December 13, 2010
Business

NTTC Asks NTSB to Re-examine ’97 Accident Blamed on Wetlines

The president of the National Tank Truck Carriers has asked the National Transportation Safety Board to reopen its investigation into a fatal 1997 tank truck accident in Yonkers, N.Y., that he said has become the “poster child” of the agency’s campaign to require purge retrofits for cargo tank wetlines.

December 13, 2010
Business, Fuel

Biodiesel Producers Can Meet Mandate Despite Lack of Tax Credit, Experts Say

U.S. biomass-based diesel producers have the capacity to meet an 800 million-gallon federal mandate in 2011, despite a marked decline in biodiesel production over the past year and a failure by Congress so far to reinstate a $1 per gallon biodiesel tax credit, according to the U.S. Environmental Protection Agency and industry experts.

December 13, 2010
Business, Government

Brokers Must Provide Public More Information about Household Goods Movers, FMCSA Rules

The Federal Motor Carrier Safety Administration has issued new rules that will require brokers working with household goods movers to provide more information to consumers.

December 13, 2010