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.

Government, Business, Safety

FMCSA to Make CSA Changes Before System’s December Debut

The Federal Motor Carrier Safety Administration said last week that it was making several changes to its CSA safety monitoring system that industry officials said would shield the industry from misleading interpretations.

November 22, 2010
Business

Oberstar Reflects on Career, Regrets Lack of New Road Bill

WASHINGTON — Rep. James Oberstar (D-Minn.), the outgoing chairman of the House Transportation and Infrastructure Committee, said the failure to pass a new highway spending bill was perhaps his greatest regret in his nearly half-century working on transportation policy.

November 22, 2010
Business

Michigan State Senator Will Call for Vote on New Crossing Between Detroit, Ontario

A Michigan state senator said he will call for a vote before the legislative session ends in December on whether the state should move ahead with plans to build a new, publicly owned toll bridge between Detroit and Windsor, Ontario.

November 22, 2010
Business, Government

Environmentalists Seek Tougher Standards for Heavy, Medium Truck Fuel Efficiency

Environmental groups said they back the Obama administration’s push to set standards for heavy- and medium-duty truck fuel efficiency, and last week, they called for making the standards even tougher.

November 22, 2010
Business, Fuel

Pair in $75 Million Oil Scam to Be Sentenced in Dec.

A federal judge is scheduled next month to sentence two participants in a conspiracy by two New York City-area tank-truck firms accused of jointly skimming an estimated $75 million in heating oil from customers over a 17-year period.

November 22, 2010
Business, Fuel

Diesel Hits Two-Year High

The average cost of a gallon of diesel in the United States jumped to a two-year high last week after prices climbed 6.8 cents to $3.184 in the Department of Energy’s survey of retail filling stations.

November 22, 2010
Business

UPS to Sell Logistics Tech Business

UPS Inc. said Friday it will sell its UPS Logistics Technologies unit to Thoma Bravo, a private equity firm.

November 19, 2010
Government, Business

Oberstar Urges One-Year Extension of Highway Legislation

The outgoing chairman of the House Transportation and Infrastructure Committee has urged Congress to approve a one-year extension of current highway legislation so the new Congress that convenes in January will have time to “come to agreement on a funding mechanism for a six-year bill.â€

November 19, 2010
Business, Equipment

Aging U.S. Truck Fleet Could Lead to Production Boost Next Year

Truck production in North America could climb more than 50% next year due to an aging U.S. truck fleet, Bloomberg reported.

November 19, 2010
Business, Logistics

Intermodal Traffic Rises 11.9% for Week

Intermodal traffic rose 11.9% last week from the same week last year, the Association of American Railroads reported.

November 19, 2010