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

Advanced Electronics Improve Fuel Economy, Allow for Better Control, More Driver Features

Medium-duty engines over the past decade have gotten a lot smarter, thanks to the advanced electronics developed first in heavy-duty engines.

June 21, 2010
BusinessFuel

Diesel Drops 1.8¢ to $2.928 a Gallon

The average price paid for U.S. retail diesel fuel dipped 1.8 cents to $2.928 a gallon last week, its fifth straight weekly drop that has lowered the price by 19.9 cents a gallon, the Department of Energy reported.

June 21, 2010
BusinessEquipment

Detroit Diesel to Increase Production at Mich. Plant

Engine maker Detroit Diesel Corp. said Friday it will spend $194 million to “substantially” increase production at its plant in Redford, Mich.

June 18, 2010
BusinessSafetyGovernmentFuel

ATRI Cites Greenhouse Gas Calculation Concerns

The American Transportation Research Institute released results of its study on greenhouse gas reporting tools and emissions models.

June 18, 2010
BusinessLogistics

Two 3PLs Hire Chief Financial Officers

Two third-party logistics firms announced that they have hired new chief financial officers.

June 18, 2010
Business

Opinion: Driver Retention Is Not That Easy

Treat drivers with respect” is advice many self-proclaimed retention experts offer as the sole solution to high driver turnover. That’s like advising carriers not to lower their rates during a recession: It’s just not that easy.

June 18, 2010
GovernmentBusinessTechnologyEquipment

OOIDA Plans EOBR Rule Challenge

The Owner-Operator Independent Drivers Association filed notice that it will challenge a new federal rule requiring fleets with poor hours-of-service records to use electronic onboard recorders to monitor drivers.

June 18, 2010
BusinessSafety

Intermodal Traffic Rises for Week

Intermodal rail traffic continued its upward trend last week, the Association of American Railroads said Thursday.

June 17, 2010
BusinessGovernment

Oil Slips from One-Month High But Remains Over $77 a Barrel

Oil slipped early Thursday from a one-month high but remained over $77 a barrel, Bloomberg reported.

June 17, 2010
BusinessEquipment

Philadelphia Factory Index Declines

Manufacturing levels in the Philadelphia region declined in June but showed expansion, the Federal Reserve Bank of Philadelphia said Thursday.

June 17, 2010