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.

BusinessGovernment

Funding Shortfall Hinders Plans for Passage of Long-Term Highway Bill Before Year End

Funding is the main obstacle to Congress passing a long-term highway bill, and several officials said last week it was unclear whether the bill could be done before the most recent extension of current law expires at the end of the year.

March 29, 2010
Business

Driver Turnover Remains Low at Truckload Fleets in Fourth Quarter

Driver turnover or churn at large truckload carriers hovered near its all-time low in the fourth quarter of 2009, coming in at 44%, American Trucking Associations said.

March 29, 2010
BusinessFuelAutonomous

Manufacturers Seek Better Times at Mid-America Trucking Show

LOUISVILLE, Ky. Truck makers and their suppliers returned to marketing products here that intrigue drivers and appeal to fleet executives based on durability, comfort, ease of operation and even pizzazz, after years spent surviving the Great Recession and straining to meet government-imposed emissions requirements.

March 29, 2010
Business

LaHood Touts Livable Transportation Plans, Says Goal Is to Remove Gas-Guzzling Trucks

ARLINGTON, Va. Transportation Secretary Ray LaHood defended his earlier pronouncement of the equality of non-motorized modes of transportation, saying they are what the people want, and that a key part of the administrations livability program was getting gas-guzzling trucks off the road.

March 29, 2010
BusinessEquipment

Cummins to Use Credits to Meet 2010 Standards

LOUISVILLE, Ky. Cummins Inc., the only remaining independent truck engine builder, said last week that it will use federal emissions credits to meet new government pollution standards with its 2010 models.

March 29, 2010
BusinessSafetyAutonomous

ATA, Business Groups Say Health-Care Law Likely to Increase Costs, Threaten Benefits

Business groups, including American Trucking Associations, said they had concerns about the recently enacted health-care reform package.

March 29, 2010
BusinessSafetyAutonomous

February Truck Tonnage Rises

Truck tonnage rose 2.6% in February, the third consecutive year-over-year increase, as the industry continues a steady rebound, American Trucking Associations reported.

March 29, 2010
BusinessGovernmentSafety

EOBR Rule Soon to Be Revealed as White House Gives Approval

The White House Office of Management and Budget said last week it signed off on an electronic on-board recorders rule, clearing the way for the regulation to be published soon in the Federal Register.

March 29, 2010
BusinessFuel

Diesel Up for Fifth Straight Week to $2.946; Gasoline Gains 3.1瞽

The U.S. retail diesel average increased 2.2 cents to $2.946 a gallon last week for its fifth straight increase, the Department of Energy reported. Diesel now has jumped 19 cents a gallon since Feb. 15, when it was at $2.756.

March 29, 2010
BusinessGovernment

Senate Bill Seeks to Relieve Underfunded Pension Plans

Pension legislation garnered renewed attention in Washington last week as a senator offered a bill to aid struggling multi-employer plans, and companies, including Con-way Inc., pressed for more time to beef up their plan funding.

March 29, 2010