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

N.J. Enacts Law on Snow Removal from Vehicles

New Jersey Gov. Jon Corzine (D) signed a law Tuesday that would set fines for vehicles with “dangerous accumulations” of snow or ice on them, though enforcement will not begin for a year, the Associated Press reported.

October 21, 2009
Business, Safety, Fuel

ATA, Port of Long Beach Settle Lawsuit

Officials with the Port of Long Beach and American Trucking Associations reached an out-of-court settlement to ATA’s federal lawsuit Monday, announcing that the port’s concession requirement contained in the clean trucks plan will be replaced with a registration process.

October 20, 2009
Government, Business, Technology, Equipment, Safety

Company Awarded FMCSA Contract to Screen Drivers

NIC Technologies LLC said Tuesday it has been awarded the contract to oversee the Federal Motor Carrier Safety Administration’s pre-employment screening system for truck and bus drivers.

October 20, 2009
Business

Marten Reports Lower Third-Quarter Income

Refrigerated truckload carrier Marten Transport’s third-quarter net income fell 43% to $3.5 million, or 16 cents a share, from $6.1 million, or 28 cents, a year ago.

October 20, 2009
Business

Haney Truck Line Buys Two Northwestern Trucking Companies

Seattle-based truckload carrier Haney Truck Line said Tuesday it has purchased two Northwestern truckload companies, Washington-based Puget Sound Truck Lines and Oregon-based Nickel Plate Express.

October 20, 2009
Government, Business, Safety

Transport Advocates Optimistic About Road Bill Early Next Year

Transportation officials said they are optimistic Congress still will pass a long-term highway bill in coming months, but the exact timetable could depend on how quickly lawmakers wrap up debate on other legislation.

October 20, 2009
Government, Business, Safety

Feds Eye New Hazmat Carrier Regs

Federal regulators plan to offer a new regulation early next year that will prohibit flammable liquids from being transported in unprotected product piping on existing and newly manufactured cargo tank trucks.

October 20, 2009
Business

Werner’s Third-Quarter Income Falls

Truckload carrier Werner Enterprises said its third-quarter profit fell to $19 million, or 26 cents per share, from $22.5 million, or 31 cents, a year ago.

October 20, 2009
Business, Government

Producer Price Index Falls in September

Prices paid to U.S. producers fell 0.6% in September, the Labor Department said Tuesday.

October 20, 2009
Business

Caterpillar Reports 53% Drop in 3Q Profit

Heavy equipment and diesel engine maker Caterpillar Inc. said Tuesday its third-quarter profit fell 53%.

October 20, 2009