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

Virginia Seeks Permission to Toll Portion of I-95

Virginia’s new Republican governor, Bob McDonnell, has asked Transportation Secretary Ray LaHood for permission to toll Interstate 95 at the North Carolina line.

May 17, 2010
Business

Study Finds Factories, Exports to Boost Freight Through 2021

Fueled by renewed growth in the export and manufacturing sectors, trucking will resume solid growth between now and 2021, according to a new study released on May 13.

May 17, 2010
Business

ArvinMeritor Unveils New Trailer Suspension Designed for Fleets in Vocational Markets

FRANKFORT, Ky. — ArvinMeritor Inc. unveiled a new series of trailing-arm, air-ride trailer suspensions designed for fleets that operate primarily in vocational markets.

May 17, 2010
Business

Two Ship Lines to Force Truckers to Provide Chassis for Drayage

Two ocean carriers for the first time have told U.S. truckers to provide their own chassis for highway deliveries, a change that eventually could force them to obtain their own equipment to move 20 million international loads a year.

May 17, 2010
BusinessGovernment

NTTC Backs Heavier Trucks, End of Federal Rule Freeze

CHICAGO — The National Tank Truck Carriers for the first time has formally endorsed the use of trucks heavier than the current 80,000-pound weight limit.

May 17, 2010
GovernmentBusinessSafetyAutonomous

LaHood Says New Border Plan is ‘Very Close’ to Completion

Transportation Secretary Ray LaHood told a Senate subcommittee the Obama administration soon will unveil its plan to relaunch a cross-border trucking program along the U.S.-Mexico border.

May 17, 2010
Business

FMCSA Opens Driver Records to Carriers

The Federal Motor Carrier Safety Administration opened its pre-employment screening program to carriers last week, allowing them to see the driving records of prospective hires.

May 17, 2010
BusinessSafetyGovernment

DOT Agency to Issue Sleep Apnea Rules for Examiners This Year, Official Says

LINTHICUM, Md. — The Federal Motor Carrier Safety Administration expects to issue new rules for medical examiners to address sleep apnea and other health conditions later this year, agency officials said.

May 17, 2010
BusinessFuel

Diesel Gains 0.5¢ to $3.127, But Wholesale Prices Decline

The average national retail price of diesel fuel rose another half-cent last week to $3.127 a gallon, the Department of Energy reported, the 11th increase in the past 12 weeks.

May 17, 2010
BusinessGovernmentAutonomous

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 14, 2010