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.

Government, Business, Safety

FMCSA Sends EOBR Rule to White House for Review

The Federal Motor Carrier Safety Administration has sent its rule governing the use of electronic onboard recorders to the White House for review, in tandem with its announcement that it would leaving its hours-of-service regulation unchanged.

November 19, 2008
Business

Daimler Says U.S. Truck Sales May Take Several Years to Rebound

Daimler AG said the U.S. market for heavy-duty vehicles may not rebound to the peak sales levels of 2006 for five to eight years, Bloomberg reported Wednesday.

November 19, 2008
Business, Government

Consumer Price Index Falls 1%; Drop Is Biggest on Record

Consumer prices fell 1% in October, the biggest decline on record, the Labor Department said Wednesday.

November 19, 2008
Business, Equipment

ArvinMeritor Takes 4Q Loss, Will Sell Auto-Parts Unit

Components supplier ArvinMeritor said its fourth-quarter loss widened and that it plans to sell its automobile parts unit.

November 18, 2008
Government, Business, Safety

FMCSA to Leave Hours-of-Service Rule Unchanged

The Federal Motor Carrier Safety Administration, in a notice to be published in Wednesday’s Federal Register, said it was making no changes to its controversial hours-of-service rule.

November 18, 2008
Fuel, Business, Logistics, Government

Diesel Continues to Slide, Dropping 13.5¢ to $2.809

Diesel fuel’s national average price continued to slide, falling another 13.5 cents to $2.809 a gallon, the Department of Energy said Monday.

November 18, 2008
Business

Volvo’s October Truck Sales Decline on Slow Demand

Volvo AB said its worldwide truck sales fell 12% in October as demand in the U.S. and Europe slumped, Bloomberg reported Tuesday.

November 18, 2008
Business, Government, Safety, Fuel

Obama May Reverse Bush Policy on Denial of Emissions Waiver

Reversing Bush administration policies, including its denial of California’s request for a waiver allowing the state to regulate automobile greenhouse-gas emissions, could be high on President-elect Barack Obama’s agenda in January, some observers said.

November 17, 2008
Government, Business, Safety, Fuel, Logistics

Canadian Report Highlights Biodiesel Concerns

Adding biodiesel to Canada’s existing fuel storage, blending and distribution infrastructure could spur a host of problems for the country's distillate market, the Canadian Trucking Association said.

November 17, 2008
Business

Waste Management Tests Peterbilt Hydraulic Hybrid Trucks

Trash-hauler Waste Management Inc. is field-testing the first prototype parallel hydraulic hybrid truck to be deployed in waste collection runs, the company said Friday.

November 17, 2008