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, Government, Safety

ATRI Seeks Hours-of-Service Data from Fleets

The American Transportation Research Institute said it is seeking data from motor carriers for a study of the impacts of hours-of-service rules.

March 9, 2010
Government, Business

Kansas Eyes Cutting Road Projects Over Budget Shortfall

A severe budget shortfall has forced Kansas Gov. Mark Parkinson (D) to ask the state legislature to agree to the cancellation of state road projects for next year and for the remainder of the current fiscal year that ends June 30.

March 9, 2010
Government, Business, Safety, Logistics

Senators Criticize Infrastructure Bank Proposal

Several U.S. senators have criticized the Obama administration’s plan to use $4 billion to create a new national infrastructure bank to help finance transportation projects, questioning how the bank would operate and whether rural projects would lose funding to larger urban areas.

March 9, 2010
Business

Navistar, GE Set Financing Plan

Navistar International Corp. said Tuesday it is expanding its financing relationship with GE Capital, under which GE will become Navistar’s preferred financing provider for Navistar’s U.S. trucks and school buses.

March 9, 2010
Government, Business, Safety, Autonomous

Legislative Initiatives ‘Undercut’ Owner-Operator Model

Nearly 90 proposals in 24 states and Congress would “undercut” independent contractor classification and subject carriers using owner-operators to “greater scrutiny and exposure,” according to a new American Trucking Associations’ owner-operator classification alert.

March 9, 2010
Business, Fuel

Diesel Climbs for Third Week, Rising 4.3¢ to $2.904

Diesel’s national average pump price rose for the third straight week, increasing 4.3 cents to $2.904 a gallon, the Department of Energy said.

March 9, 2010
Business, Government

Rock Slide Closes Stretch of I-70 in Colorado

A 17-mile stretch of Interstate 70 in Colorado has been closed indefinitely after a huge rock slide Monday.

March 9, 2010
Business, Safety

RFID Market to Grow 14% by 2014, Report Predicts

The market for radio frequency identification technologies will grow through the next five years, ABI Research predicted in a report.

March 8, 2010
Business, Technology, Equipment, Government, Autonomous

Bose Corp. Sets Price for High-Tech Seat

Bose Corp. officials have set the retail price for a sophisticated new heavy-duty truck seat, which is now available for purchase, at $5,995.

March 8, 2010
Business, Government, Safety

Qualcomm Unveils Software For Fleets to Monitor Drivers

LAS VEGAS — Qualcomm Inc. unveiled here its new Analytics Manager Service, which the company said would allow fleets to monitor driver performance and safety more easily.

March 8, 2010