Trucking Business News

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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.

BusinessSafety

Senate Panel Encourages Distracted Driving Bans

The Senate Commerce Committee last week approved a bill aimed at encouraging states to pass their own distracted driving laws, sending the measure to the Senate floor.

June 14, 2010
Business

Navistar Net Income Doubles in 2nd Quarter

Navistar International Corp. more than doubled its net income during the three months ended April 30, even though the company’s second fiscal-quarter revenue dipped, compared with the same time last year.

June 14, 2010
BusinessGovernmentLogistics

Port’s Clean Trucks Program Cuts Emissions

Officials at the Port of Los Angeles are crediting their clean trucks program for significantly lowering diesel emissions in 2009.

June 14, 2010
Business

FMCSA Cuts Paperwork Needed for Verification of Driver Logs

The Federal Motor Carrier Safety Administration has proposed reducing the amount of evidence fleets must maintain in order to verify their drivers’ hours-of-service logbooks.

June 14, 2010
GovernmentBusiness

International Trucks Dealer Hosts Presidential Visit

Stephen Neal, chief executive officer of K. Neal International Trucks Inc., said June 4 was “quite a day” for his Hyattsville, Md., dealership. After all, it’s not every day that the commander-in-chief drops in to walk the showroom and discuss the nation’s economic recovery.

June 14, 2010
Business

Roadcheck Inspectors Check Trucks at 2,000 Sites to Promote Safety in U.S., Canada, Mexico

LANDOVER, Md. — Their hands covered with black grease, inspectors spent hours on their backs under truck chassis, listened for air leaks in brake lines and squinted over countless driver certifications at Roadcheck this year.

June 14, 2010
BusinessFuel

Diesel Dips 3.4¢ to $2.946 a Gallon

The U.S. retail diesel average dropped 3.4 cents to $2.946 a gallon last week, the fourth weekly decrease in a row that has lowered trucking’s main fuel by 18.1 cents a gallon, the Department of Energy reported.

June 14, 2010
GovernmentBusinessSafetyFuel

Senate Rejects Move to Block Greenhouse Gas Regulation

The Senate narrowly defeated a motion that would have denied the Environmental Protection Agency the ability to regulate greenhouse gas emissions, the Associated Press reported.

June 11, 2010
Business

Iowa Trucking Exec Named Chamber of Commerce Vice Chairman

The U.S. Chamber of Commerce’s board has elected trucking executive John Ruan III as its vice chairman for 2010, American Trucking Associations said Friday.

June 11, 2010
Business

Consumer Confidence Hits Highest Level in Two Years

Consumer confidence improved in June to the highest level in more than two years, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday.

June 11, 2010