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

Wholesale Inventories Jump in November

Wholesale inventories rose 1.5% in November, the biggest gain in five years, the Commerce Department said Friday.

January 8, 2010
Business, Government, Safety, Equipment

Cummins Gets EPA 2010 Certification for Heavy, Midrange Engines

Cummins Inc. said Friday it has received U.S. Environmental Protection Agency certification for its heavy-duty and midrange 2010 engines — the heavy-duty big-bore ISX15 and midrange ISB6.7, ISC8.3 and ISL9 units.

January 8, 2010
Business

Unemployment Rate Holds at 10% in December

The U.S. unemployment rate stayed at 10% in December, the same rate as November, the Labor Department said Friday.

January 8, 2010
Business

Penske to Buy Texas Firm

Penske Truck Leasing Co. said Thursday it has agreed to buy Bright Truck Leasing & Bright Distribution to expand in the Texas market.

January 7, 2010
Business, Safety, Government

Patriot Loses Some Big Customers

Patriot Transportation Holding said its transportation group has been unsuccessful in renewing contracts with major customers who accounted for $10 million in revenue last year, or 11% of its total.

January 7, 2010
Business

Jobless Claims Rise 1,000 for Week

Initial jobless claims rose by 1,000 last week, the Labor Department said Thursday.

January 7, 2010
Business, Safety, Technology, Equipment

New Record-Keeping System More Stringent Than SafeStat

As part of its Comprehensive Safety Analysis 2010 program, the Federal Motor Carrier Safety Administration is introducing its new record-keeping system known as SMS, or safety management system.

January 7, 2010
Business, Safety, Government, Autonomous

SCR Group Expects DEF to Be Available at 2,800 Sites

Diesel exhaust fluid, the additive that most 2010 trucks will need to run, will be available at about 2,800 locations in the United States and Canada by January, ramping up to more than 5,000 by the end of the year, a spokeswoman for the North American SCR Stakeholders Group said.

January 7, 2010
Government, Business, Safety

Florida Eases Trucking Agriculture Rules to Deal with Freeze

Florida officials have temporarily eased trucking size and weight restrictions to help ease agricultural hardships related to unusually cold temperatures that are threatening the state’s produce industry.

January 6, 2010
Business, Safety, Government

NAFTA Trade Decline Slows

The decline in surface transportation trade among the United States, Canada and Mexico slowed in October from a year ago compared with comparable figures for September, the Department of Transportation said Wednesday.

January 6, 2010