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

Peterbilt to Close Nashville Plant Permanently

Peterbilt Motors Co. announced Tuesday that it will permanently close its Madison, Tenn., truck plant, near Nashville.

September 29, 2009
GovernmentBusinessSafety

Proposed Tolls Issued For New Maryland Highway

Some trucks would pay roughly $40 during rush hour to travel Maryland’s newest highway under a proposed toll schedule being considered by the Maryland Transportation Authority.

September 29, 2009
GovernmentBusiness

Consumer Confidence Worsens in September

U.S. consumer confidence fell in September, according to the Conference Board's monthly consumer sentiment index released Tuesday.

September 29, 2009
BusinessGovernment

Navistar, Caterpillar to Pursue Truck Venture with Chinese Firm

Navistar International Corp. and Caterpillar Inc. said Tuesday that their joint venture to sell commercial trucks globally will pursue an agreement with a Chinese firm to sell trucks there.

September 29, 2009
BusinessFuel

Volvo to Test Biomass Fuel in Europe Next Year for Powering Heavy Trucks

Volvo Trucks will begin field tests in Europe next year of heavy trucks powered by bioDME, a biomass fuel the company said has long-term potential to replace 50% of diesel now used in European trucking.

September 29, 2009
BusinessEquipmentSafety

ArvinMeritor Opens Tech Center in India

ArvinMeritor Inc. said it has opened a technical center in Bangalore, India, to provide product development for its axle and brake products.

September 29, 2009
FuelBusinessLogisticsGovernment

Diesel Drops 2.1¢ to $2.601 in Fourth Straight Decline

The national average price of diesel fuel fell for a fourth straight week, dropping 2.1 cents to $2.601 a gallon, the Energy Department said Monday.

September 28, 2009
Business

FedEx's Smith Says Recovery is “Slow But Certain”

FedEx Corp, Chief Executive Officer Fred Smith said at the company’s annual meeting that economic recovery is “slow but certain,” Bloomberg reported.

September 28, 2009
GovernmentFuelBusinessLogistics

Diesel Drops 2.1¢ to $2.601 in Fourth Straight Decline

The national average price of diesel fuel fell for a fourth straight week, dropping 2.1 cents to $2.601 a gallon, the Energy Department said Monday.

September 28, 2009
BusinessFuelGovernmentLogistics

Retailers, Carriers Team to Clean Ports’ Air

A national retail association and coalition of truckers, shippers, importers and exporters have formed a partnership to improve the air quality in the nation’s ports.

September 28, 2009