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, Equipment

Eaton Combines Auto, Truck Units

Vehicle parts manufacturer Eaton Corp. said it is combining its auto and truck groups into one operating unit.

July 7, 2009
Business

Opinion: Take Heed to Safety’s Early Adopters

Every industry has its early adopters and its bellwethers — companies and executives who embrace new technologies and philosophies long before most of their competitors are willing to move.

July 7, 2009
Business, Safety, Government

ISM Services Index Improves

The U.S. economy’s service sector improved last month, showing the smallest level of contraction in nine months, the Institute for Supply Management said Monday.

July 6, 2009
Business, Logistics

Navistar, CAW Deadlocked on Ontario Plant Talks

The Canadian Auto Workers said it has rejected a proposal from Navistar International Corp. to keep the company’s Chatham, Ontario, heavy-duty truck plant open, while a Navistar spokesman said the plant will remain closed until a new labor agreement is reached.

July 6, 2009
Business

Monson Trucking to Shut Down

Monson Trucking, Duluth, Minn., will shut down operations Aug. 31, the Associated Press reported.

July 6, 2009
Business, Fuel, Government, Equipment

Safeway Fleet Set to Fill Tires With Nitrogen

Grocery retailer Safeway Inc. said it will begin inflating its truck and trailer fleet tires with nitrogen instead of compressed air.

July 6, 2009
Letters to the Editor, Business, Safety, Government

Letter to the Editor: Reregulation, Please

Now that the federal government is taking over big businesses, it is time to reregulate trucking industry rating structures. We need price stabilization of rates so we can purchase equipment and train our personnel properly.

July 6, 2009
Editorial, Business

Half a Loaf, Half a Glass

Trucking continues to search for irrefutable proof that the worst of the recession is behind us. While that proof has proved elusive, we are seeing some hints that things are improving.

July 6, 2009
Government, Business, Fuel

House OKs Bill With Cap-and-Trade Measure

In a vote divided largely along party lines, the House last week narrowly passed an energy bill that calls for the United States to reduce its greenhouse-gas emissions by 17% from 2005 levels by 2020 and includes a controversial cap-and-trade provision. The vote sends the measure to the Senate, where it likely faces a tough and long battle.

July 6, 2009
Business, Fuel, Safety, Government

DeFazio Seeks to Tax Oil Futures Contracts

A leading Democrat on the House Transportation and Infrastructure Committee proposed taxing speculative oil trades to kill two birds with one stone: Boost highway funding and reduce the effect of speculation on fuel prices.

July 6, 2009