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, Fuel

Freightliner Displays SCR Engine Technology for Customers at Tennessee Truck Dealership

MEMPHIS, Tenn. — Freightliner dealer TAG Truck Center held an open house here for customers earlier this month to demonstrate a 2010 tractor that uses selective catalytic reduction and answer questions about the emission technology Freightliner will use to meet tougher emission standards.

June 15, 2009
Business

Job Cuts in Trucking Sector Slow in May To Lowest Total in 8 Months, Labor Says

The trucking industry lost 8,100 jobs in May, the lowest total in eight months and roughly half the number that were laid off in April, the Labor Department reported.

June 15, 2009
Business, Government, Safety

Stimulus Funds Move Unevenly

Federal funds to stimulate highway projects are moving in fits and starts through the bureaucratic funding pipeline, delivering new work for some fleets while others get no benefit from the $26.7 billion economic recovery effort.

June 15, 2009
Business, Government, Safety, Fuel

Navistar Says EPA Favored SCR by Setting Guideline Illegally

Truck and engine manufacturer Navistar Inc. last week leveled new allegations against the U.S. Environmental Protection Agency, accusing the federal regulator of privately and illegally giving its competitors the green light to deploy a selective catalyst reduction emission control technology that could be implemented only with an “illegal relaxation” of EPA’s 2010 nitrogen oxide emission standard.

June 15, 2009
Government, Business, Safety

Industry Supports Selection of Ferro to Lead FMCSA

Trucking industry groups closed ranks in support of Anne Ferro to head the Federal Motor Carrier Safety Administration, after the Teamsters union and a handful of advocacy groups said they opposed her nomination.

June 15, 2009
Business, Fuel, Government

Fuel Jumps 14.6¢ to $2.498

Still smarting from record fuel costs last year and fighting to survive a global recession, the trucking industry is wincing over a five-week run-up in diesel prices, capped by a 14.6-cent jump last week.

June 15, 2009
Business, Government

Consumer Confidence Improves

U.S. consumer confidence rose this month for the fourth consecutive time, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.

June 12, 2009
Business, Government

Import Prices Rise 1.3%

The price of goods imported to the United States rose for a third straight month in May as oil prices continued to increase, the Labor Department said Friday.

June 12, 2009
Business, Safety

Intermodal, Rail Traffic Decline

Intermodal rail traffic fell 20.1% last week compared with the same week last year, the Association of American Railroads said.

June 12, 2009
Business, Government

Business Inventories Fall 1.1% in April

Business inventories fell 1.1% in April, the eighth consecutive decline, the Commerce Department said Thursday.

June 11, 2009