Trucking 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.
Makers Debut Drum, Air Disc Brakes that Meet New Stopping-Distance Rule
LOUISVILLE, Ky. — Reconfigured drum and air disc brakes that meet the new federal stopping-distance rule for commercial vehicles that takes effect in August made their debut here, and one truck maker said air discs will be standard on all its Class 8 trucks.
April 4, 2011Cummins to Remain Profitable Through Technology, Execs Say
LOUISVILLE, Ky. — Executives of Cummins Inc. said that despite the trend by truck manufacturers toward vertical integration of engines and trucks, the sole remaining independent manufacturer of heavy-duty truck engines will be able to offer unique technology and service that will keep their company profitable.
April 4, 2011February Trailer Orders Double as Aging Equipment Is Replaced
Building on a surge of replacement demand that began last year, trailer manufacturers received orders for 21,990 new units in February — a 105% year-over-year increase.
April 4, 2011Outsourcing By Small Shippers Fueling Growth Among Brokerage Firms, Freight Forwarders
Outsourcing of transportation services by smaller shippers is fueling revenue growth for brokerage firms and forwarders, while increasing the clout of many third-party logistics firms, industry observers said.
April 4, 2011Fleets Boost Retention Efforts as Drivers Shop for Better Pay
Fleets’ driver retention and recruitment moves are accelerating as pay increases proliferate and drivers begin to chase better-paying jobs, industry officials said.
April 4, 2011Reauthorization Should Focus on Highways, ATA’s Windsor Tells Congressional Panel
Barbara Windsor, chairman of American Trucking Associations, told a congressional panel that the next surface transportation reauthorization measure should feature more effective highway-focused programs.
April 4, 2011Diesel Gains 2.5¢ to $3.932 a Gallon
U.S. retail diesel prices resumed their upward march last week, as the national average increased 2.5 cents to a 30-month high of $3.932 per gallon, leading fleets to take wide-ranging steps to address their mounting costs.
April 4, 2011Traffic Deaths Drop 3% to Record Low
U.S. traffic deaths fell 3% last year to the lowest level on record, even as vehicle miles traveled rose, the National Highway Traffic Safety Administration reported Friday.
April 1, 2011Unemployment Rate Falls to Two-Year Low 8.8%; Trucking Adds 1,600 Jobs
The U.S. unemployment rate fell to a two-year low rate of 8.8% in March as the economy added about 216,000 jobs, the Labor Department said Friday.
April 1, 2011Construction Spending Falls 1.4% in Third Straight Decline
Construction spending fell for a third straight month in February, the Commerce Department said Friday.
April 1, 2011Trending
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