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.
Wabash National Explores Possible Sale
Trailer maker Wabash National Corp. said it is exploring strategic alternatives — including divestitures, changes to its capital structure and a merger or a sale — following a default under a revolving credit agreement.
April 13, 2009Baltimore Trucking Co. Folds
Baltimore’s Bond Transfer Co. filed for Chapter 7 bankruptcy protection and has liquidated, the Maryland Daily Record newspaper reported.
April 13, 2009Letters: All Things Safety, Trailer Tracking, The American Dream
Here we go again — the safety freaks filing yet another challenge to the current hours of service, led unfortunately by my illustrious leader, James Hoffa. I think he needs to pull his head out of the sand on this one.
April 13, 2009The Growing Mexican Morass
The fiasco over the Mexican border situation just keeps growing, as interested parties turn to their lawyers for relief and others try to turn up the political heat to get things moving.
April 13, 2009Study Urges U.S. to Mandate Testing of All Truck Drivers for Sleep Apnea
A new study linking obesity and obstructive sleep apnea found that truck drivers are so resistant to testing and treatment that the federal government should mandate screening because the disorder plays a larger role in accidents than officially reported.
April 13, 2009National Diesel Price Increase Moderates
The U.S. diesel average inched up last week 0.7 cent a gallon to $2.228, following two weeks of major increases, while the gasoline price dipped, the Department of Energy reported.
April 13, 2009TSA to Retain April 15 TWIC Deadline at Ports
The Transportation Security Administration said it will not delay the April 15 deadline for an estimated 1.2 million workers to obtain their Transportation Worker Identification Credentials, but the U.S. Coast Guard will allow entry at some ports through mid-May to workers who present proof they have passed a security screening but have not yet received their credential cards from TSA.
April 13, 2009Mexican Fleets Ask for Damages as Groups Seek Border Solution
The U.S.-Mexico trucking dispute continued to grow as more legal action was taken on both sides of the border and a coalition of interest groups stepped up pressure on the Obama administration to find a resolution.
April 13, 2009Fleet Unemployment Rises
The overall U.S. employment picture remained bleak in March, but the Labor Department’s latest report offered a slightly more positive picture for trucking’s performance during the just-completed quarter.
April 13, 2009Hints of Recovery Emerge
Initial signs of a pickup in trucking activity are starting to surface as the U.S. economy keeps stumbling along, according to interviews with several industry officials.
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