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.

GovernmentBusinessSafetyAutonomous

Former DOT Chief Skinner Defends LaHood

CHICAGO — Former Transportation Secretary Samuel Skinner defended current Secretary Ray LaHood, telling tank truck executives here that recent pushes to promote rail and other modes of transportation at the expense of trucking were likely foisted upon him by the White House.

May 11, 2010
BusinessAutonomous

Tornado Destroys Oklahoma Truck Stop

Tornados ripped through Oklahoma Monday, killing five, injuring 10 and destroying a Love’s Travel Stop near Oklahoma City, among other buildings.

May 11, 2010
GovernmentBusiness

S.C. Trucking Assn. May Withdraw Support on Tort Reform

The South Carolina Trucking Association said it will withdraw support of a tort reform measure it championed if lawmakers do not kill amendments that the association said have weakened the bill.

May 11, 2010
GovernmentBusinessSafetyAutonomous

S.C. Trucking Assn. May Withdraw Support on Tort Reform

The South Carolina Trucking Association said it will withdraw support of a tort reform measure it championed if lawmakers do not kill amendments that the association said have weakened the bill.

May 11, 2010
Business

Wholesale Inventories Rise in March

Wholesale inventories rose 0.4% in March, the Commerce Department said Tuesday.

May 11, 2010
GovernmentBusinessSafety

More States Ban Texting While Driving

Vermont is poised to become the 26th state to ban texting while driving, following closely behind Wisconsin and Michigan.

May 11, 2010
GovernmentBusiness

Study: States Lack Tools to Justify Transportation Spending

Only 13 states have performance goals and reviews in place to help taxpayers determine if transportation spending promotes such things as safety, mobility, and jobs and commerce, according to a new study being released Wednesday.

May 11, 2010
BusinessFuel

Diesel Rises 0.5¢ to $3.127

Diesel’s increase slowed Monday as it gained a half-cent to $3.127 a gallon, the highest price in more than 18 months, the Department of Energy reported.

May 10, 2010
Business

TransCore Launches Truckload Rate Exchange Program

TransCore has launched a rate exchange program that provides spot market rates from truckload intermediaries.

May 10, 2010
Business

TravelCenters’ 1Q Loss Widens

Truck stop chain TravelCenters of America said Monday it lost $41.2 million, or $2.39 per share, in the first quarter, up from a loss of $18 million, or $1.08, a year ago.

May 10, 2010