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

DOT Rejects Pennsylvania’s Plan to Toll Interstate 80

The U.S. Department of Transportation has denied Pennsylvania’s request to toll Interstate 80 because the state’s application did not meet federal requirements that revenue be used exclusively for a road being tolled.

April 7, 2010
Business, Fuel

Oil Slips Following Inventory Report

Oil prices declined early Wednesday following a report that showed supplies improved last week, Bloomberg reported.

April 7, 2010
Business, Logistics

Wabash Gets Order for 4,000 Trailers from Prime Inc.

Wabash National Corp. said it has signed an agreement with refrigerated carrier Prime Inc. to supply Prime with 4,000 trailers over three years.

April 7, 2010
Business, Equipment, Autonomous

Peterbilt Unveils New Class 8, Medium-Duty Models

Peterbilt Motors Co. recently introduced its new Model 587 Class 8 truck, available as a day cab or a twin sleeper, replacing its Model 387.

April 7, 2010
Fuel, Business

Diesel, Gasoline to Remain Near $3 a Gallon into 2011, DOE Says

Diesel will average more than $3 a gallon next year, in line with a previous forecast, the Department of Energy said.

April 7, 2010
Business

Court Backs California’s Enforcement of Reefer Rule

California environmental regulators can continue enforcing the state’s refrigerated transportation unit rule that went into effect on Jan. 1, a federal appeals court ruled.

April 6, 2010
Business

UPS Deploys 200 Hybrid Delivery Trucks

UPS Inc. said Tuesday it has added 200 hybrid electric delivery trucks to its fleet in eight U.S. cities.

April 6, 2010
Government, Business

Cook County Concedes Truck Decals Are Prohibited

Cook County, Ill., has conceded that its ordinance requiring trucks to display tax-related decals violates federal law that holds such decals are burdensome to the trucking industry.

April 6, 2010
Business, Fuel

Diesel Jumps 7.6¢ to $3.015 a Gallon

Diesel jumped 7.6 cents to a national average $3.015 a gallon — the first time in 17 months it has topped the $3 mark, the Department of Energy said.

April 6, 2010
Business

Rush to Purchase Lake City’s Assets

Rush Enterprises said it plans to purchase the assets of Lake City Cos., the owner of a chain of International truck dealerships, for about $76.5 million.

April 6, 2010