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.

Letters to the EditorBusinessSafetyGovernmentAutonomous

Letters: Broker Bonds, Skinner and LaHood

Reading the May 24 “Opinion” column on how hard it would be for the smaller freight brokers to exist with a higher bond, my heart goes out to them, but my sympathies run with the trucking companies that use these brokers, small or large.

June 7, 2010
BusinessAutonomous

Opinion: Dedicated Contract Carriage

What a difference a year makes: Just one year ago, trucking trade publications were reporting on truckload rates plummeting 27% over the previous year, trucking companies beating down shippers’ doors looking for business, carriers dealing with 50% to 100% excess capacity over the previous two years, and thousands of trucking companies going bankrupt.

June 7, 2010
Business

DOT’s LaHood Praises Trucking

Trucking will continue to be “an essential component” of the nation’s freight system, Transportation Secretary Ray LaHood told American Trucking Associations President Bill Graves, responding to Graves’ recent letter complaining of “misleading” statements about trucking by LaHood and others in DOT.

June 7, 2010
Business

Pension Fund Will Go Broke in 10 Years, Director Says

Thomas Nyhan, executive director of the Central States Pension Fund, told a Senate committee that the fund, which provides retirement benefits for a number of unionized trucking companies, will become insolvent without changes to federal law.

June 7, 2010
Business

U.S., Mexican Officials Express Frustration about Impasse Over Cross-Border Trucking

U.S. efforts to resolve the ongoing dispute with Mexico over cross-border trucking have stalled, rankling officials on both sides of the border.

June 7, 2010
Business

Drive to Make Freight Shipments More Efficient Places New Spotlight on Chassis Management

A generation ago, railroad clerks used four words — “your pig is here” — to inform truckers that an intermodal trailer shipment had arrived and was ready for pickup.

June 7, 2010
Business

ATA, Others Urge Action on Vehicle Technology Bill

American Trucking Associations and other business groups are urging the Senate to move forward with a bill that would create a research program to increase fuel efficiency and reduce greenhouse gas emissions from heavy- and medium-duty trucks.

June 7, 2010
Business

April Truck Tonnage Swells 9.4%

Trucking tonnage grew 9.4% in April above year-ago levels, the strongest monthly gain in more than five years and another sign of solid economic recovery, American Trucking Associations reported last week.

June 7, 2010
Business

Nationwide Paint Shortage Threatens Projects to Stripe State, Local Road Lanes, Crosswalks

Paint manufacturers and suppliers are notifying contractors and transportation officials around the country that market forces and a scarcity of raw materials are causing shortages of white and yellow road paint used to mark highway lanes.

June 7, 2010
BusinessEquipment

Class 8 Registrations Rise in 1Q as Fleets Seek Out ’09 Engines

Registrations of new Class 8 trucks in the United States totaled 25,635 in the first quarter, a 2.5% increase from a year earlier, R.L. Polk & Co. reported.

June 7, 2010