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.

BusinessTechnology

Federal Regulations Shape Technology Choices for Fleets and Design Decisions By Vendors

At a time when trucking has its pick of more communications options than ever, an increasing number of federal regulations has influenced not only when carriers adopt technology but also what technology they invest in.

May 24, 2010
Business

Truck Stops Applaud Measure to Limit Credit Card Fees

Truck-stop operators and other retail outlets praised an amendment to the Senate’s financial reform package that would limit the fees credit- and debit-card companies charge stores.

May 24, 2010
BusinessGovernmentSafetyFuelLogisticsAutonomous

U.S. to Set Truck Fuel Goals

The Obama administration was set last week to outline a path to national fuel-economy standards for large trucks, bringing industry and government officials to the White House to announce a plan that could aim at driving habits as well as equipment changes to reduce fuel use.

May 24, 2010
Business

Freight Execs’ Focus Shifts from Survival to Growth

Carrier and shipper executives are changing their focus from surviving the recession to managing their changing relationships with customers and labor as the economic recovery continues, according to sessions at the annual Transplace Inc. Shipper Symposium.

May 24, 2010
Business

Roadrunner Raises $148 Million to Repay Debt Through Trucking’s First IPO Since 2003

Roadrunner Transportation Systems Inc., Cudahy, Wis., has completed trucking’s first initial public stock offering since 2003, raising $148.4 million to repay debt as the company considers acquisition.

May 24, 2010
BusinessLogistics

Intermodal Volume Gains Accelerate in April after 8.4% Growth Over 2009 in 1st Quarter

Intermodal volume in the first four months of 2010 is surging ahead of 2009 levels, powered by a sharp rise in domestic container shipments and renewed growth in international freight, a trade group said.

May 24, 2010
BusinessGovernmentSafetyLogisticsAutonomous

Calderon Hopeful for Settlement of U.S.-Mexico Border Dispute

Mexico’s president, Felipe Calderon, said last week that the United States and his nation would solve the countries’ ongoing trade dispute caused by the closure of the southern border to longhaul truck traffic.

May 24, 2010
FuelBusiness

Groups Urge Senators to Reconsider Plan to Use Fuel Fees for Nontransport Needs

More than two dozen transportation advocacy groups have asked the drafters of a Senate energy and climate bill to reconsider their legislation to allocate new revenue from transportation-based motor fuel fees to “activities entirely unrelated to improving the nation’s transportation infrastructure.â€

May 24, 2010
BusinessFuelGovernment

Diesel Dips 3.3¢ to $3.094 as Crude Oil Price Plunges

The average price of retail diesel dipped 3.3 cents to $3.094 a gallon last week, the largest decline since Feb. 1, according to the Department of Energy.

May 24, 2010
BusinessGovernment

Obama Signs Order to Boost Trucks’ Fuel Economy

WASHINGTON — Flanked by truck manufacturers and industry executives, President Obama signed a first-of-its-kind order Friday clearing the way for medium and heavy-duty trucks to meet more stringent fuel economy targets.

May 21, 2010