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, Fuel, Safety, Government

Officials See Difficult Transition to VMT as Possible Replacement for Fuel Tax

WASHINGTON Several lawmakers, Department of Transportation officials and experts have expressed concern with elements of a vehicle miles traveled tax, which some advocates tout as a replacement for the fuel tax. They also cautioned that a transition to VMT could be a slow process.

November 30, 2009
Business, Government, Safety, Technology, Equipment

Distracted Driving Solutions Are Available, Tech Companies Say at FCC Workshop

Representatives of several high-tech firms said they already are marketing, or soon will offer, systems designed to prevent motorists from texting and talking on cell phones while driving their vehicles.

November 30, 2009
Business, Government

Michigan Proposes Raising Tolls Up to 85% at Blue Water Bridge Crossing to Canada

Tolls could rise as much as 85% for trucks traveling across the Blue Water Bridge into Canada from Michigan as the state proposes to raise its rates higher than what Canada charges to make the reverse trip.

November 30, 2009
Business, Equipment

Total Class 8 Fleet Dips in Third Quarter

The heavy-duty U.S. truck fleet contracted slightly in the third quarter, shrinking back to its size in the first quarter of 2009, but used-truck sales volumes strengthened in the quarter, according to a Nov. 17 report by R.L. Polk.

November 30, 2009
Business, Government, Safety, Fuel, Technology, Equipment

Navistar Says It Is Losing Sales, Blames EPAs Stance on SCR

Navistar Inc., which said it has spent $600 million to develop its 2010 exhaust gas recirculation engine, said the company is losing sales of next years model because federal regulators helped create the false impression among customers that only urea-based after-treatment systems would meet 2010 federal emissions standards.

November 30, 2009
Government, Business, Safety

Ocean Shipping Losses Could Top $20 Billion

ANAHEIM, Calif. Whenever truckers think times are tough in their industry, they might want to consider ocean shipping, where the estimated losses this year could top $20 billion, shipping officials here said.

November 30, 2009
Business, Fuel

Rail More Fuel Efficient Than Trucks, Agency Says

The Federal Railroad Administration said the fuel efficiency of the freight-rail industry rose 22% between 1990 and 2006, and that when compared to trucks in similar routes and distances, is between 1.9 and 5.5 times more fuel efficient.

November 30, 2009
Business, Government, Safety, Fuel

STB OKs Pooling Arrangement of 10 Calif. Drayage Carriers

The Surface Transportation Board has approved an application by 10 small drayage carriers serving the ports of Los Angeles and Long Beach, Calif., to pool some of their operations and purchases of fuel, equipment and materials.

November 30, 2009
Business, Government

October Truck Tonnage Falls 5.2%

U.S. truck tonnage fell 5.2% in October, yet posted the best year-over-year performance since November of last year, as analysts said signs of a lasting economic recovery were uneven.

November 30, 2009
Business, Fuel, Government

Diesel Dips 0.3瞽 to $2.787

Retail diesel prices edged lower again last week for the third consecutive time, while gasoline prices rose, the Department of Energy reported.

November 30, 2009