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.

BusinessEquipment

Wabash National’s 1Q Operating Loss Narrows

Trailer manufacturer Wabash National Corp. said its first-quarter loss widened but its operating loss declined from the same quarter last year.

May 5, 2010
Business

Frozen Food Express 1Q Loss Narrows

Refrigerated carrier Frozen Food Express Industries narrowed its loss to $3.7 million, or 22 cents a share, in the first quarter, compared with a loss of $6.1 million, or 36 cents, a year ago.

May 5, 2010
BusinessEquipment

Wabco Reports Profit in 1Q

Wabco Holdings said Wednesday it earned a profit of $30.7 million, or 47 cents a share in the first quarter, compared with a loss of $36.4 million, or 57 cents, a year ago.

May 5, 2010
GovernmentBusiness

FMCSA Issues HOS Waiver for Oil Spill Cleanup

The Federal Motor Carrier Safety Administration issued a waiver from its hours-of-service rules for trucks hauling supplies being used in the cleanup of the massive oil spill in the Gulf of Mexico.

May 4, 2010
Business

Navistar Resolves EPA Suit

Navistar International Corp. said it has resolved its lawsuit against the U.S. Environmental Protection Agency over the types of technology to be used in new diesel engines.

May 4, 2010
Business

ArvinMeritor Posts 2Q Profit

Truck and auto components maker ArvinMeritor Inc. said Tuesday it posted a second-quarter profit on cost cuts and higher auto production.

May 4, 2010
Business

YRC Reports First-Quarter Loss

YRC Worldwide Tuesday reported a first-quarter loss of $274.2 million, or 53 cents a share, compared with a loss of $273.8 million, or $4.61 per share, a year ago.

May 4, 2010
GovernmentBusiness

Connecticut Close to Enacting Snow-Removal Law for Drivers

A proposal that would allow police to fine drivers of cars and trucks $75 for failing to remove snow and ice from their vehicles has overwhelmingly passed the Connecticut House.

May 4, 2010
Business

Factory Orders Rise in March

U.S. factory orders rose 1.3% in March, the Commerce Department said Tuesday.

May 4, 2010
BusinessFuel

Diesel Hits 18-Month High, Rising 4.4¢ to $3.122

Diesel rose to its highest level in more a year and a half, gaining 4.4 cents to $3.122 a gallon, the Department of Energy reported Monday.

May 4, 2010