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.

BusinessFuel

Gas Prices Fall 3.9¢ to $2.73 a Gallon, Lundberg Says

Gasoline’s national average price fell 3.9 cents in the past two weeks to $2.73 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

July 12, 2010
Business

Wall Street Expects Better News as Fleets Report Latest Results

While Wall Street and economists are fretting about the staying power of the economic recovery, good news is expected to begin arriving this week in the form of sharply higher second-quarter earnings for publicly traded trucking firms.

July 12, 2010
Business

Finding a Load: Brokers Use New Tools to Manage Capacity as Freight Shipments Continue to Increase

As the recession appears to be waning and freight shipments increase, trucking-related firms such as the Allen Lund Cos. say they are seeing a shift in the loads-procurement marketplace, while others — including Con-way’s brokerage unit — are turning to new technological formats to find cargo in need of transportation.

July 12, 2010
BusinessSafety

Delaware Becomes 30th State to Ban Texting While Driving

Delaware has become the 30th state to ban drivers from texting or holding cell phones while driving, the Detroit News reported.

July 12, 2010
EditorialBusinessGovernmentAutonomous

How Good a Recovery?

While Wall Street continues to express its doubts about the strength of the U.S. economic recovery that is under way, most trucking companies say that business is continuing to improve.

July 12, 2010
Letters to the EditorBusinessGovernmentSafety

Letters: Intermodal Elephants, Flatbed Carrier Rates, Price Hike for Bonds

What does every intermodal shipment need that no one wants to really talk about? The answer — and the elephant in the room — is an intermodal chassis.

July 12, 2010
Business

Trucking Adds 1,000 Jobs in June

For-hire trucking companies hired 1,000 workers in June, the third consecutive month the number of industry jobs increased, the Labor Department said July 2.

July 12, 2010
Business

Wal-Mart Says It Is 60% of Way Toward Meeting Efficiency Goal

Wal-Mart Stores Inc. is 60% of the way to its broad goal of doubling its shipping efficiency by 2015 by streamlining every aspect of the freight movement process, according to its leading sustainability official.

July 12, 2010
Business

Parts Makers Optimistic on Economic Recovery

The Heavy Duty Manufacturers Association said 84% of its members experienced sales growth during the second quarter, with 28% reporting “substantial growth.â€

July 12, 2010
BusinessGovernment

Western Governors Back New Pilot Programs to Study Effects of Longer Trailer Combinations

The Western Governors’ Association has urged Congress to allow interested states to create pilot programs to evaluate the benefits and costs of adding routes for longer combination vehicles.

July 12, 2010