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.

GovernmentBusinessSafetyTechnologyEquipmentAutonomous

CSA 2010 to Launch in July Despite ‘Snafus,’ Ferro Says

WASHINGTON — Federal Motor Carrier Safety Administrator Anne Ferro said she is committed to launching the agency’s new truck safety rating system in July, although she expects there will be problems at the start.

March 1, 2010
BusinessAutonomous

Small Vendors Aim to Replace IdleAire’s Truck-Stop Services

The demise of IdleAire, the largest U.S. truck-stop electrification vendor, leaves the door open for several smaller operators that hope to build their own businesses with a simpler product.

March 1, 2010
BusinessGovernmentSafetyTechnologyEquipmentAutonomous

CSA 2010 to Launch in July Despite ‘Snafus,’ Ferro Says

WASHINGTON — Federal Motor Carrier Safety Administrator Anne Ferro said she is committed to launching the agency’s new truck safety rating system in July, although she expects there will be problems at the start.

March 1, 2010
BusinessGovernmentSafetyEquipment

More Fleets Turn to Outside Service Providers as a Way to Cut Equipment, Training Expenses

Over the past decade, a growing number of fleets have begun outsourcing more of their tire maintenance needs as a way to save on machinery, equipment and training costs.

March 1, 2010
BusinessGovernmentFuel

Diesel Average Jumps 7.6¢ to $2.832 a Gallon

The average price of diesel around the nation jumped 7.6 cents a gallon to $2.832, as fuel reversed a five-week downward trend, the Department of Energy reported last week.

March 1, 2010
BusinessSafetyGovernment

Oberstar Says Senator’s Action Threatens DOT Shutdown

A procedural maneuver in the U.S. Senate that blocked passage a long-term extension of federal highway funding could shut down several Department of Transportation agencies, including the Federal Motor Carrier Safety Administration, beginning Tuesday, Rep. James Oberstar (D-Minn.) said Friday.

February 26, 2010
BusinessEquipment

Velocity Appoints McAlpin President

Express package carrier Velocity Express, Westport, Conn., said it has appointed John McAlpin as president and chief operating officer.

February 26, 2010
GovernmentBusinessSafetyFuelAutonomous

UPS Opens Calgary Truck, Air Hub

UPS Inc. said that it opened its C$30 million Calgary, Alberta, truck and air hub on Feb. 22, completing a consolidation project begun in June 2008.

February 26, 2010
BusinessLogistics

Existing ºÚÁϳԹÏÍø Sales Fall in January

Existing homes sales dropped 7.2% in January for the second straight month, the National Association of Realtors said Friday.

February 26, 2010
BusinessGovernment

Consumer Confidence Drops in February

U.S. consumer confidence fell in February, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.

February 26, 2010