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.

BusinessLogistics

Transplace Acquires SCO Logistics

Technology and logistics company Transplace, Frisco, Texas, said it acquired SCO Logistics, a Philadelphia-based third-party logistics company, for an undisclosed sum.

April 11, 2011
Business

Truck Orders Hit Five-Year High

Truck orders soared in March to the highest total in nearly five years, as carriers snapped up new equipment to renew their fleets in advance of the fall freight season, two market research reports said last week.

April 11, 2011
Business

Shippers Expanding In-House Fleets on Growing Demand, NPTC Says

The head of the National Private Truck Council said shippers are beginning to expand and upgrade their in-house fleets in response to improved business conditions and in anticipation of possible shortages of freight-hauling capacity and higher fuel costs in the year ahead.

April 11, 2011
Business

Rising Freight Volumes, Rates to Buoy First-Quarter Earnings

Most trucking companies are expected to post a fifth consecutive quarter of better earnings because freight volumes and rates are rising, but sharply higher fuel prices likely will put a dent in the increases, analysts said.

April 11, 2011
Business

Mid-America Trucking Show Attracts More Visitors, Vendors

LOUISVILLE, Ky. — The 40th Mid-America Trucking Show here grew by more than 7% from 2010 in terms of visitors and exhibitors, but fell short of establishing new records in either category.

April 11, 2011
GovernmentBusiness

Economists Lift GDP Projections as Factory Activity Picks Up

Fueled by stronger manufacturing and demand for freight, the U.S. economy will grow at least at a 3.2% annual pace in 2011, and truck tonnage will rise 5%, according to several recent reports.

April 11, 2011
Business

Trucking Jobs Grow 3% to 1.27 Million in March

The number of people employed in trucking rose 3% in March, compared with a year ago, to a seasonally adjusted 1.27 million, the Department of Labor reported April 1.

April 11, 2011
GovernmentBusinessTechnologyEquipment

ATA Endorses Electronic Logs to Check Driver Hours of Service

American Trucking Associations last week endorsed a federal proposal that trucking companies use electronic logging devices to monitor driver compliance with the hours-of-service rule.

April 11, 2011
Business

Patent-Holding Company Files Lawsuit Against More Than 200 Trucking Fleets

A patent-holding company has filed suit against more than 200 motor carriers, alleging those fleets infringed upon a patent it holds by using certain tracking and communications systems in their trucks, according to court documents.

April 11, 2011
Business

Total Highway Deaths Fall 3% in 2010

The total number of people killed in traffic accidents in the United States in 2010 declined 3% from a year earlier, despite the fact that Americans drove about 20.5 billion more miles, the National Highway Traffic Safety Administration reported.

April 11, 2011