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.

Editorial, Business, Government, Safety

Forging a Port Compromise

The settlement that American Trucking Associations negotiated with the Port of Long Beach last week is the kind of compromise that is so difficult to accomplish: Both sides got most of what they wanted.

October 26, 2009
Letters to the Editor, Business, Safety

Letters: Distractions Revisited, Old Truck Ban

This is in response to the letter titled Distracted Driving in the Oct. 12 issue. It seems everyone with a dog in this fight is cherry-picking the latest data regarding the texting issue.

October 26, 2009
Business, Safety

Navistar Unveils Trucks with American EGR

CHICAGO An executive of Navistar Inc. has moved to separate his company from its mostly foreign-owned truck maker competitors, telling reporters, We are going to offer customers a distinctive technology for North America in the companys 2010 products.

October 26, 2009
Business

More Fleets Using Automatics, Automateds, Despite Much Higher Acquisition Expenses

Many trucking fleets are continuing to buy automatic and automated manual transmissions during the recession, despite a premium of $4,000 to $8,000 over traditional standard manual transmissions, industry executives and manufacturers have said.

October 26, 2009
Business, Fuel, Safety, Government

Cap-and-Trade Will Raise Price of Diesel, ATAs Windsor Says

WASHINGTON The first vice chairwoman of American Trucking Associations joined a pair of Republican senators to decry the climate legislation being debated in Congress, saying it will amount to a huge tax increase on fuel.

October 26, 2009
Business, Government

CEO Davidson Will Retire from Arkansas Best Corp.

Arkansas Best Corp. announced Robert Davidson, its president and chief executive officer, would retire Dec. 31 and that Judy McReynolds, currently its chief financial officer, would succeed him, becoming the only woman running a publicly traded trucking company.

October 26, 2009
Business, Safety, Government, Logistics

NTSB Urges Tougher Measures to Fight Drivers Sleep Apnea

The Federal Motor Carrier Safety Administration should identify commercial truck and bus drivers who are at high risk for obstructive sleep apnea, and require drivers diagnosed with the condition to prove they are being treated, the National Transportation Safety Board recommended last week.

October 26, 2009
Business

UPS Third-Quarter Profit Declines 43%, but Company Says It Sees Signs of Recovery

Lower profits at its key U.S. domestic package unit slashed UPS Inc.s third-quarter earnings by 43% to $549 million, but the company said signs of an economic recovery should bring better results in the months ahead.

October 26, 2009
Business, Safety, Government

U.S. Must Tackle Broad Transport Issues when Economy Recovers, Mendez Says

WASHINGTON When the economy recovers and freight traffic begins to grow again, the nation needs to turn its attention to broader transportation issues that address everything from funding to livability, said Victor Mendez, newly appointed Federal Highway Administrator.

October 26, 2009
Business, Government, Safety

Safe Driver Program Educates Teens to Be Careful Around Trucks

BETHESDA, Md. Law enforcement officers, government officials and trucking executives joined together to emphasize the dangers of driving aggressively around large trucks, particularly among younger motorists.

October 26, 2009