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.

Business

Carriers Boost Recruiting Efforts to Find More Qualified Drivers

Fleets are intensifying their already aggressive recruiting efforts to find qualified applicants, as skilled prospects become harder to find, industry officials said.

September 20, 2010
Business

Fleets Say They Discovered Time, Cost Bonanza Through New York’s Night-Delivery Experiment

When Joe Killeen heard that New York City needed participants for its trial off-hours delivery program, he did more than volunteer his Kearny, N.J., trucking firm, New Deal Logistics.

September 20, 2010
Business

FedEx to Overhaul Freight Unit by Combining LTL Operations

FedEx Corp. last week said it doubled its quarterly profits, largely because of strong international business, and announced a major overhaul of its money-losing domestic less-than-truckload operations.

September 20, 2010
Editorial, Business

Finding Qualified Drivers

The trucking industry seems to operate primarily in a boom or bust cycle. Rarely, it seems, are things stable for very long.

September 20, 2010
Government, Business, Technology, Equipment

FMCSA Amends EOBR Rule, Eases Technical Requirements

The Federal Motor Carrier Safety Administration last week said it will not require the next generation of electronic onboard recorders to use a different type of computer connection than current models, or to operate in temperature extremes beyond the capability of existing systems.

September 20, 2010
Business

Cost Reductions Will Help Restore Profits at Con-way Freight, Company Exec Says

NEW YORK — Con-way Freight expects to achieve progress on restoring profit margins through cost reduction and efficiency efforts in the upcoming quarters, the chief financial officer of its parent company said.

September 20, 2010
Business

August Truck Sales Jump

U.S. Class 8 truck sales climbed 23.5% in August from year-ago levels, pushing sales for the first eight months of 2010 to 16.5% higher than last year’s results for the comparable period, WardsAuto.com reported.

September 20, 2010
Business, Fuel

Diesel Rises 1.2¢ to $2.943 a Gallon

The average cost of a gallon of diesel fuel in the United States rose 1.2 cents last week to $2.943 a gallon, the first increase in five weeks, the Department of Energy reported.

September 20, 2010
Business

ATA Files Appeal in L.A. Port ‘Clean Trucks’ Case

Attorneys for American Trucking Associations have filed formal notice that they are appealing a federal judge’s ruling late last month that the Port of Los Angeles’ employee-only concession clean trucks plan is legal.

September 17, 2010
Business

Dynamex’s Fiscal 4Q Profit Improves

Logistics and delivery firm Dynamex Inc.’s fiscal fourth-quarter profit grew to $2.8 million, or 28 cents a share, from $1.8 million, or 18 cents, a year ago.

September 17, 2010