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, Government

Boxer Says New Road Bill May Be Completed in Spring

WASHINGTON — The chairwoman of the Senate Environment and Public Works Committee said she was preparing to finish work on a new long-term highway bill by next spring while also seeking a six-month extension of the existing law.

November 23, 2009
Business, Logistics

Rail Exec Suggests Weight Limits Could Be Raised by Up to 10%

ANAHEIM, Calif. — BNSF Railway Vice President Steve Branscum called on truckers and shippers to jointly pinpoint areas where freight weight limits could be raised, perhaps by 10%.

November 23, 2009
Business, Government, Safety

EPA Certifies 2010 Engines from Volvo, Mack Trucks

Federal and California environmental regulators have certified 2010 engines of AB Volvo’s two North American brands — Volvo and Mack — the companies said Nov. 16. They are the first engine manufacturers to gain official approval.

November 23, 2009
Business, Government, Fuel

Diesel Slips 1.1¢ to $2.79

The U.S. diesel and gasoline price averages both dipped for a second week, giving back some of the strong October surge in refined product costs during the four previous weeks. Crude oil fluctuated but remained below $80 a barrel.

November 23, 2009
Business, Safety, Government

House Panel Approves Hazmat Safety Bill with Requirement for Wetlines Retrofits

The House Transportation Committee last week approved a bill that would prohibit the transport of flammable liquids in unprotected product piping on new cargo tankers in two years and in existing tankers by the end of 2025.

November 23, 2009
Business

UPS Sets 4.9% Average Rate Hike for 2010

UPS Inc. will raise its 2010 rates for ground packages by an average 4.9%.

November 20, 2009
Business, Safety

Thanksgiving Holiday Automobile Travel to Rise 2.1%

Americans’ automobile travel of more than 50 miles from home will increase Thanksgiving weekend by 2.1% from last year, the motorists’ group AAA said.

November 20, 2009
Business, Logistics

Penske Logistics Names Three Executives

Penske Logistics said it has promoted three employees to executive positions.

November 20, 2009
Business, Safety, Technology, Government

Opinion: Optimize Routing and Assets

When large, corporate-owned fleets such as U.S. Foodservice and Wal-Mart Transportation were pressured by their owners to meet environmental sustainability goals even during the current faltering economy, it made the news.

November 20, 2009
Business, Safety

Intermodal Traffic Declines for Week

U.S. intermodal rail traffic fell 7.7% in the week ended Nov. 14 compared with the same week last year, the Association of American Railroads said.

November 20, 2009