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.

GovernmentBusiness

FMCSA Backs ATA Position on Truck Decals

The Federal Motor Carrier Safety Administration has ruled that it is illegal for New Jersey and two local governments to require trucks to display decals or other forms of identification.

October 26, 2010
Business

Ford Posts Record Third-Quarter Profit

Ford Motor Co. Tuesday reported its best third-quarter profit on record, becoming the world’s most profitable automaker, Bloomberg reported.

October 26, 2010
GovernmentBusiness

Virginia Raising Speed Limit on Rural Interstates to 70 Mph

The rural speed limit on five more Virginia interstate highways will rise to 70 miles per hour from 65 mph by the end of the year, bringing 61% of Virginia’s interstate miles to the higher speed limit.

October 26, 2010
Business

Paccar’s Third-Quarter Earnings Jump

Paccar Inc. said Tuesday its third-quarter profit jumped to $119.9 million, or 33 cents a share, from $13 million, or 4 cents, a year ago.

October 26, 2010
Business

Covenant Reports Third-Quarter Profit

Covenant Transportation Group reported its second consecutive quarterly profit in almost three years, posting its best back-to-back quarters since the last two quarters of 2005.

October 26, 2010
GovernmentBusinessSafetyEquipment

Cummins’ 3Q Profit Almost Triples

Cummins Inc. said Tuesday its third-quarter profit almost tripled, led by strong performances in its engine segment and international markets.

October 26, 2010
GovernmentBusiness

States Share $600 Million in Federal Transportation Grants

Forty states shared 77 grants totaling $600 million in the second round of a special federal stimulus program designed to boost transportation innovation under the auspices of the Department of Transportation.

October 26, 2010
BusinessFuel

Diesel Drops for First Time in a Month, Dipping 0.6¢ to $3.067 a Gallon

Diesel’s national average retail price fell for the first time in a month, dipping 0.6 cent to $3.067 a gallon, the Department of Energy reported Monday.

October 25, 2010
BusinessGovernmentSafety

Ferro Says FMCSA to Alter CSA to Address Industry Concerns

PHOENIX — The Federal Motor Carrier Safety Administration is making several changes in its soon-to-be-implemented overhaul of truck safety standards as a result of industry comments, Administrator Anne Ferro told Transport Topics.

October 25, 2010
BusinessGovernmentSafety

FMCSA to Increase Focus on Driver Health

PHOENIX — The Federal Motor Carrier Safety Administration is looking ahead to a number of rules focused on driver health and fitness in the next year or two, after the agency completes its spate of mandatory regulations, Administrator Anne Ferro said last week.

October 25, 2010