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, Logistics, Equipment

Wabash to Close Illinois Plant

Trailer maker Wabash National Corp. said Tuesday that it will sell its Anna, Ill., plant and consolidate operations into its Cadiz, Ky., plant.

November 3, 2009
Fuel, Business, Logistics, Government

Diesel Gains 0.7¢ to $2.808 a Gallon as Increases Slow

Diesel fuel’s national average retail price rose for a fourth straight week, though its increase slowed from recent weeks in a 0.7 cent gain to $2.808 a gallon, the Department of Energy said Monday.

November 3, 2009
Business, Technology, Equipment, Safety

Navistar Acquires Engine Parts Business

Navistar Inc. said that it has acquired certain assets of Continental Diesel Systems US.

November 3, 2009
Business

Oshkosh Reports 4Q Profit, Full-Year Loss

Specialty truck maker Oshkosh Corp. said Tuesday its fiscal fourth-quarter profit improved but it lost money for its full year.

November 3, 2009
Business

San Francisco-Oakland Bay Bridge Reopens

The Bay Bridge between San Francisco and Oakland, Calif., reopened Monday, less than a week after being closed due to a problem with previous repairs, the San Francisco Chronicle reported.

November 2, 2009
Government, Business

Navistar Explores Chinese Engine Venture

Navistar International Corp. said that it is exploring a joint venture to build and market diesel engines for commercial vehicles in China.

November 2, 2009
Business

Ford Reports 3Q Profit of Almost $1 Billion

Ford Motor Co. said Monday it earned $997 million in the third quarter, had its first operating profit since early 2008 and that it expects to be “solidly profitable” in 2011, Bloomberg reported.

November 2, 2009
Government, Business, Logistics

State Coalition Seeks Fed Aid for Intermodal Terminals

Five states have formed a coalition to seek a federal grant to build intermodal terminals and make other improvements along the Norfolk Southern Railroad line stretching from New Orleans to New York City.

November 2, 2009
Government, Business, Safety

Georgia Shifting Stance On Public-Private Partnerships

The Georgia Department of Transportation has stopped taking unsolicited proposals for public-private partnerships to finance road and tolling projects.

November 2, 2009
Government, Business, Safety

TWIC Running Smoothly at U.S. Ports Despite Initial Glitches, Officials Say

After several initial delays and glitches, freight hauling and government officials say the Transportation Worker Identification Credential program is moving along smoothly at U.S. ports, and they project additional security measures could be incorporated in coming years.

November 2, 2009