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

IRS Says California Drayage Operator Improperly Classified Driver

In a potentially far-reaching decision, the Internal Revenue Service has determined that a Southern California drayage operator classified a truck driver as an independent contractor rather than an employee.

December 6, 2010
Business, Equipment

Some Fleets Postpone Preventive Maintenance as Economics Override Weather Conditions

When the economy deteriorates, the use of preventive maintenance at trucking companies — including programs involving tires — sometimes follows suit, regardless of climate conditions such as the coming of winter.

December 6, 2010
Business, Safety, Fuel, Government

ATA Petitions PHMSA to Make It Easier to Use Consolidation Bins for Hazmats

American Trucking Associations last week asked the Pipeline and Hazardous Materials Safety Administration to facilitate the use of consolidation bins in transporting small packages of hazmat materials.

December 6, 2010
Editorial, Business, Autonomous

Improving Prospects for 2011

The evidence continues to mount that 2011 will turn out to be a pretty good year for the U.S. economy in general and for trucking in particular.

December 6, 2010
Business, Autonomous

Improving Prospects for 2011

The evidence continues to mount that 2011 will turn out to be a pretty good year for the U.S. economy in general and for trucking in particular.

December 6, 2010
Government, Business

FMCSA Aims to Publish Revised HOS Rule, EOBR Mandate Before Jan. 1, Ferro Says

WASHINGTON — The Federal Motor Carrier Safety Administration now aims to publish its revisions to the hours-of-service rule and a proposed expansion of its electronic data recorder requirement by the end of the year, the agency’s head said last week.

December 6, 2010
Business, Logistics

New Trailer Registrations Surge, Led by Dry-Van Replacements

Booming dry-van sales led to a surge in U.S. trailer registrations in the third quarter, as buyers registered 35% more new trailers than in the corresponding period of last year, R.L. Polk & Co. reported.

December 6, 2010
Business

U.S. Needs Larger Trucks, Industry Executives Say

WASHINGTON — Trucking industry executives, citing projected U.S. population growth and growing freight demand, said that increasing the productivity of trucks by making them larger or heavier was necessary.

December 6, 2010
Business, Logistics

Swift Plans to Raise $1.01 Billion in Largest IPO for Truckload Carriers

Swift Holdings Corp., the new corporate name for carrier Swift Transportation, said it plans to raise as much as $1.01 billion this month in an initial public offering of shares that could be the largest ever for a truckload fleet.

December 6, 2010
Business, Fuel

Fuel Price Averages Decline

In a slow retreat from the two-year high it reached in November, the U.S. retail diesel price average slipped again last week, falling 0.9 cent to $3.162 a gallon, the U.S. Department of Energy reported after its weekly survey of filling stations.

December 6, 2010