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

Penske Orders 750 Freightliner SCR Trucks

Penske Truck Leasing has ordered 750 Freightliner Cascadia trucks with selective catalytic reduction technology, making the manufacturer the majority supplier of 2010 tractors to Penske, Freightliner said.

May 3, 2010
BusinessFuel

Crude Spill May Threaten Some Gulf Oil Operations

A growing oil slick in the Gulf of Mexico well in the Gulf of Mexico could hamper production, shipping and refining of oil and natural gas in Mississippi, Alabama and Louisiana, Bloomberg reported Monday.

May 3, 2010
BusinessFuelGovernmentAutonomous

CARB Mulls Incentives for Diesel Regs

The California Air Resources Board has directed its staff to come up with specific proposals by September to provide additional flexibility to help truckers ease the financial pain of complying with the state’s new truck regulations.

May 3, 2010
Business

Construction Spending Rises in March

Construction spending rose 0.2% in March, the Commerce Department said Monday.

May 3, 2010
BusinessEquipment

ISM Index Expands at Fastest Pace Since 2004

U.S. manufacturing activity expanded in April at its fastest pace since June 2004, the Institute for Supply Management said Monday.

May 3, 2010
Business

Flooding Closes Highways Near Nashville

Sections of Interstates 24 and 40 remained closed around Nashville, Tenn., Monday morning as flooding left several feet of water on roadways, the Tennessean newspaper reported.

May 3, 2010
Business

Personal Spending Takes Biggest Jump in Six Months

Consumer personal spending rose 0.6% in March, the biggest jump in six months, the Commerce Department said Monday.

May 3, 2010
BusinessEquipment

ATD Notebook: Engine Rivals

KISSIMMEE, Fla. — Mack Trucks CEO Dennis Slagle said he is reinvigorating his company and willing to take on any rival, and he promptly picked fights with Navistar Inc. and Transportation Secretary Ray LaHood.

May 3, 2010
Letters to the EditorBusinessGovernmentSafetyFuelAutonomous

Letters: ’07 Engines, Fuel Surcharges

Review of the 2007 generation of diesel engines has been a very hot topic this year. At the annual American Trucking Associations Technology & Maintenance Council meeting, I was one of the panelists asked to score the performance of the 2007 engines based on TransAm’s experiences.

May 3, 2010
EditorialBusinessGovernmentSafety

Focus on CSA 2010

Thank you to our readers for the many favorable comments we’ve received in response to the special report on CSA 2010 that Transport Topics produced as part of the April 26 issue.

May 3, 2010