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.

Letters to the Editor, Business, Safety, Government, Logistics

Letters: Risk Control, Success in Logistics, Hours of Service

Fortunately, some companies are slowly waking to the fact that untreated sleep apnea presents higher risks for their organization, and they are creating proactive programs to address the issue.

August 9, 2010
Business, Government, Safety, Fuel, Autonomous

Bill Would Let Ports Set Rules on Environmental Standards

New legislation aimed at giving ports more authority to set environmental regulations is expanding the battle over the Port of Los Angeles’ controversial employees-only clean trucks plan from the courts to Congress.

August 9, 2010
Business

Congress Sidesteps UPS-FedEx Labor Battle by Passing Short-Term FAA Spending Extension

Congress has passed a short-term extension of the Federal Aviation Administration’s authorization, delaying until after the August recess further debate over a labor provision that has UPS Inc. and FedEx Corp. feuding.

August 9, 2010
Business

Road-Funding Delay May Worsen Congestion and Reduce U.S. Competitiveness, Abney Says

The continuing delay in passing a new long-term highway bill has trucking executives and transportation officials worried about the effects on the U.S. freight network, according to David Abney, chief operating officer of UPS Inc.

August 9, 2010
Business

DTNA’s Daum Sees Boom, But Wants to Know When

Fourteen months into his job as CEO of Daimler Trucks North America, Martin Daum said the truck sales market is still bad — although it is improving — but his real challenge is trying to figure out when sales will return to a robust pace.

August 9, 2010
Business

Caterpillar Sued Over Heavy-Duty Engines

Three trucking companies are suing Caterpillar Inc. over the sale of what their legal counsel says are “defective” 13- and 15- liter diesel engines for heavy-duty trucks. The Texas law firm representing the companies now is looking for fleets to join the litigation.

August 9, 2010
Business, Fuel

Diesel Price Gains 0.9¢ to $2.928 a Gallon

The U.S. diesel average price rose 0.9 cent to $2.928 a gallon last week, the second straight gain, but just the third increase in the past 12 weeks, the Department of Energy reported Aug. 2.

August 9, 2010
Business, Logistics

Weekly Intermodal Traffic Reaches 2010 High

Weekly intermodal rail traffic jumped 20.2% last week, reaching the highest levels of the year, the Association of American Railroads reported.

August 6, 2010
Business

UPS to Build Healthcare Logistics Hubs in Singapore, China

UPS Inc. plans to open two health-care-logistics hubs in Singapore and China to tap rising regional demand for medical devices and drugs, Bloomberg reported Friday.

August 6, 2010
Business

Navistar Execs Must Return Bonus Pay, SEC Says

Navistar Inc.’s top executive and its former finance chief will return more than $2 million in bonus pay to the company as part of a deal to settle federal charges of accounting misconduct.

August 6, 2010