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.

BusinessSafety

Navistar Unveils Trucks with American EGR

CHICAGO An executive of Navistar Inc. has moved to separate his company from its mostly foreign-owned truck maker competitors, telling reporters, We are going to offer customers a distinctive technology for North America in the companys 2010 products.

October 26, 2009
Business

More Fleets Using Automatics, Automateds, Despite Much Higher Acquisition Expenses

Many trucking fleets are continuing to buy automatic and automated manual transmissions during the recession, despite a premium of $4,000 to $8,000 over traditional standard manual transmissions, industry executives and manufacturers have said.

October 26, 2009
BusinessFuelSafetyGovernment

Cap-and-Trade Will Raise Price of Diesel, ATAs Windsor Says

WASHINGTON The first vice chairwoman of American Trucking Associations joined a pair of Republican senators to decry the climate legislation being debated in Congress, saying it will amount to a huge tax increase on fuel.

October 26, 2009
BusinessGovernment

CEO Davidson Will Retire from Arkansas Best Corp.

Arkansas Best Corp. announced Robert Davidson, its president and chief executive officer, would retire Dec. 31 and that Judy McReynolds, currently its chief financial officer, would succeed him, becoming the only woman running a publicly traded trucking company.

October 26, 2009
BusinessSafetyGovernmentLogistics

NTSB Urges Tougher Measures to Fight Drivers Sleep Apnea

The Federal Motor Carrier Safety Administration should identify commercial truck and bus drivers who are at high risk for obstructive sleep apnea, and require drivers diagnosed with the condition to prove they are being treated, the National Transportation Safety Board recommended last week.

October 26, 2009
Business

UPS Third-Quarter Profit Declines 43%, but Company Says It Sees Signs of Recovery

Lower profits at its key U.S. domestic package unit slashed UPS Inc.s third-quarter earnings by 43% to $549 million, but the company said signs of an economic recovery should bring better results in the months ahead.

October 26, 2009
BusinessSafetyGovernment

U.S. Must Tackle Broad Transport Issues when Economy Recovers, Mendez Says

WASHINGTON When the economy recovers and freight traffic begins to grow again, the nation needs to turn its attention to broader transportation issues that address everything from funding to livability, said Victor Mendez, newly appointed Federal Highway Administrator.

October 26, 2009
BusinessGovernmentSafety

Safe Driver Program Educates Teens to Be Careful Around Trucks

BETHESDA, Md. Law enforcement officers, government officials and trucking executives joined together to emphasize the dangers of driving aggressively around large trucks, particularly among younger motorists.

October 26, 2009
BusinessSafetyGovernment

PHMSA Says It Will Issue Wetlines Rule Covering Both New, Existing Tank Trailers

The Pipeline and Hazardous Materials Safety Administration said it would issue a new regulation early next year that will prohibit the transportation of flammable liquids in unprotected product piping on both existing and newly manufactured cargo tank trucks.

October 26, 2009
BusinessGovernmentSafetyFuel

ATA, Long Beach Settle Port Suit

The Port of Long Beach and American Trucking Associations last week reached an out-of-court settlement of ATAs federal lawsuit challenging portions of the ports Clean Trucks Plan. The agreement will simplify the registration process for carriers moving containers at the port.

October 26, 2009