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

Producer Price Index Rises 1.8%

Prices paid to U.S. producers increased 0.1% in April, the Labor Department said Tuesday.

May 18, 2010
BusinessFuel

Diesel Drops 3.3¢ to $3.094

Diesel took its biggest drop in 16 weeks, declining 3.3 cents to $3.094 a gallon, the Department of Energy said.

May 18, 2010
BusinessGovernmentSafetyFuelAutonomous

E&MU: CARB Issues Fines for Reefer Violations

Agents of the California Air Resources Board have fanned out to ticket truck operators who fail to comply with the state’s complicated schedule for reducing emissions from the small diesel engines that power transport refrigeration.

May 17, 2010
Business

IdleAire to Reopen at 23 Locations

IdleAire Inc. said that it will reopen its idle-reduction facilities at 23 truck stops after ceasing operations in January.

May 17, 2010
Business

New York ‘Empire State’ Manufacturing Index Slows

Manufacturing activity in the New York region rose for the 10th consecutive month in May but expanded at a slower rate than April, the Federal Reserve Bank of New York said Monday.

May 17, 2010
BusinessGovernment

Oil Continues to Fall, Dropping Below $70 a Barrel

Oil prices continued to decline, falling almost $2 to below $70 a barrel in early trading Monday, the lowest level in more than three months, Bloomberg reported.

May 17, 2010
Business

GM Sees First Profit Since 2007

General Motors Co. said Monday it earned $865 million in the first quarter, its first quarterly profit since 2007.

May 17, 2010
EditorialBusiness

Virginia’s Latest Toll Scheme

It took years to beat back the state of Virginia’s ill-advised plan to toll Interstate 81, but eventually it was abandoned. Trucking, and the state’s motorists, breathed a sigh of relief after that tolling scheme was tossed out.

May 17, 2010
Letters to the EditorBusiness

Letters: Broker Wars Redux, Rate Setting, Snow-Removal Law, Trucks Pay Their Way

I noticed a letter in the April 26 issue where the writer was protesting the move to raise the property broker bond from the laughable $10,000 to a more responsible amount of at least $100,000.

May 17, 2010
Business

Class 8 Truck Sales Rise 29.5% in April

Heavy-duty U.S. truck sales grew by 29.5% last month, the fourth straight month of expansion, compared with the weak results of April 2009, WardsAuto.com reported.

May 17, 2010