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.

GovernmentBusinessTechnologyEquipmentLetters to the Editor

Letters: EOBR Bombshell, Megaloads, Detention Times

Just so I can get this straight, now: We are allowing Mexican trucks to come into the United States as cross-border operations — almost a done deal. Then, FMCSA is going to pay for EOBRs to be placed in those Mexican trucks to do business in the United States, while requiring U.S. fleets to purchase EOBRs with company money?

March 21, 2011
EditorialBusiness

Monitoring HOS Compliance

It seems that a consensus is developing in the trucking industry to support electronic devices that monitor the number of hours that drivers work behind the wheel.

March 21, 2011
Business

Industry Lauds U.S. Congress for Push to End Tax Provision

Trucking industry officials have hailed congressional action to repeal an unpopular Internal Revenue Service reporting requirement contained in the 2010 health-care reform law and said they were confident Congress would approve repeal.

March 21, 2011
Business

Cross-Border Truck Program Limited by Strict Safety Standards, Ferro Says

SAN DIEGO — The United States’ new cross-border trucking initiative with Mexico will be a small-scale, “self-limiting” program because Mexican carriers will have to meet a strict set of safety standards to operate in the United States, the head of the Federal Motor Carrier Safety Administrator said.

March 21, 2011
Business

February Truck Sales Surge 30%

U.S. Class 8 retail truck sales jumped 30.8% in February for the 14th monthly gain in a row, WardsAuto.com reported last week. It was the largest gain of the expansion.

March 21, 2011
Business

TCA Supports Electronic Logs

SAN DIEGO — An industry consensus appears to be emerging in support of electronic logging devices to monitor driver hours but not truck performance, as the Truckload Carriers Association endorsed that technology last week and American Trucking Associations moved in the same direction.

March 21, 2011
GovernmentBusiness

House Panel Rejects Obama Plan to Fund Transportation Projects

The House Transportation and Infrastructure Committee voted last week to not support the Obama administration’s transportation budget proposals because administration officials have not identified revenue sources to fund multibillion dollar increases for existing and new programs.

March 21, 2011
Business

Vets Make Valuable Employees, Several Motor Carriers Report

Schneider National Inc., Ruan Transport Corp., Falcon Transport Co., and Werner Enterprises know from experience that military veterans make valuable employees. These firms actively recruit them to fill not only driver jobs but management posts as well.

March 21, 2011
Business

‘Regulatory Overload’ Stalls Trucking, ATA Official Tells Transportation Panel

WASHINGTON — Trucking is burdened with “regulatory overload,” an American Trucking Associations official told a panel of Department of Transportation officials.

March 21, 2011
Business

Carriers Told to Ignore Erroneous Letters Warning of Loss of Operating Authority

The Federal Motor Carrier Safety Administration told carriers last week that letters warning about possible loss of operating authority after notifying the agency of cargo insurance cancellations were sent in error.

March 21, 2011