Trucking 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.
R.I. Begins Construction of Replacement Highway Bridge
Rhode Island transportation officials said construction has begun on one of two bridges so deteriorated that trucks are limited to 18 tons and two axles.
May 11, 2009TravelCenters’ 1Q Loss Widens
Truck stop chain TravelCenters of America said Monday it lost $41.2 million, or $2.39 per share, in the first quarter, up from a loss of $18 million, or $1.08, a year ago.
May 11, 2009Volvo Backs Longer, Heavier Trucks
BOSTON — Volvo Trucks North America said the United States should adopt a policy of allowing longer, heavier trucks on the nation’s highways as a way to increase driver productivity and to conserve fuel.
May 11, 2009Menlo Expands Relationship With Dana, Adds Curves
Dana Holding Corp. and Menlo Worldwide Logistics said they have expanded their relationship, with the parts manufacturer asking the third-party logistics provider to handle transportation management for its Mexican operations.
May 11, 2009Letters: Safe Driving, Mileage Tax, Sleep Apnea
I agree wholeheartedly with op-ed writer Ryan McDonald’s opinion on the value of tail-ride checks, when they are performed by safety professionals. These on-the-road driver observations are an integral part of my company’s services to the Canadian transportation industry.
May 11, 2009Fuel’s Crystal Ball
If you have any doubts about the future direction of fuel prices, pay attention to what’s happening today.
May 11, 2009Harkin Says Senate Wary of Card Check, Mandatory Arbitration
Federal legislation to permit so-called card check union registration is running into trouble in the Senate, one of the bill’s co-sponsors said last week.
May 11, 2009Bill Would Offer Federal Grants to Create Truck Parking Spaces
A new legislative proposal would provide $20 million in each of the next six years for a pilot program designed to generate more truck parking spaces across the country.
May 11, 2009Chrysler’s Suppliers Stung by Auto Firm’s Bankruptcy
Chrysler’s filing for Chapter 11 protection is spilling over into the trucking industry as suppliers adjust to a bankruptcy process that has shut down the company’s auto production for at least 30 days.
May 11, 2009Truckload Rates Fall in 1Q
Truckload rates continued their downward slide during the first quarter, and there is no sign recession-driven levels of intense competition, weak demand and excess capacity are abating, carriers and industry analysts said.
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