Trucking Business News

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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

Meritor’s Second-Quarter Profit Improves

Components maker Meritor Inc. Tuesday reported an improved second-quarter profit, as its commercial truck unit sales rose from a year ago.

May 3, 2011
BusinessFuel

Diesel Resumes Rise, Gaining 2.6¢ to $4.124 a Gallon

Diesel resumed its rise after a one-week respite, gaining 2.6 cents to $4.124 a gallon, the highest price since August 2008, while gasoline jumped 8.4 cents to $3.963, the Department of Energy said.

May 3, 2011
EquipmentBusiness

FleetPride Completes Acquisition of Midway Truck Parts

FleetPride Inc., an aftermarket distributor of heavy-duty truck and trailer parts, said it completed its acquisition of Midway Truck Parts.

May 3, 2011
Business

March Factory Orders Rise 3%

Factory orders rose 3% in March, the fifth straight increase, the Commerce Department said Tuesday.

May 3, 2011
BusinessLogistics

North American Trailer Expands in Calif. With Acquisition

North American Trailer said it has acquired Fontana, Calif.-based Quality Fleet Repair, effective Sunday. Terms were not disclosed.

May 3, 2011
GovernmentBusinessTechnologyEquipment

Feds Extend Handheld Cellphone Ban to include Hazmat Truckers

Federal regulators have issued a proposed rule that would extend a ban on the use of handheld cellphones to include intrastate hazardous materials motor carriers.

May 3, 2011
Business

Delaware Unveils Idle-Reduction Units at Rest Stop

Delaware has opened its first truck parking spaces with idle-reduction equipment, its Department of Transportation said.

May 2, 2011
GovernmentBusiness

Higher Truck Tolls to Kick In July 1 on Bay Area Bridges

The San Francisco Bay Area Toll Authority is reminding truckers that the first exemption it granted to truckers on higher bridge tolls will expire on June 30.

May 2, 2011
BusinessAutonomous

C.R. England to Use Hair Samples as Part of Drug-Testing Partnership

C.R. England Inc. and Omega Laboratories Inc. announced a drug-screening partnership that will test the hair samples of truck driver applicants.

May 2, 2011
Business

YRC Reaches New Agreement on Restructuring

YRC Worldwide said it has reached a definitive agreement with creditors, labor groups and pension funds that would give the company $100 million in new capital as its restructuring moves forward.

May 2, 2011