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

Personal Spending Unchanged in August

Consumer personal spending was unchanged in August, despite the rise in employment and drop in consumer confidence, the Commerce Department said Monday.

September 29, 2008
Business, Safety, Logistics

David May Named ATA Driver of the Year

David May, a West Seneca, N.Y.-based driver for Con-way Freight, was named American Trucking Associations’ 2008 National Truck Driver of the Year.

September 29, 2008
Government, Business, Logistics

Gas Drops 4¢ to $3.66, Lundberg Says

The national average price of regular gasoline fell 4 cents over the two weeks ended Friday, to $3.66 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

September 29, 2008
Business

Freight Worries Growing

Truck tonnage gained 2.6% in August from last year but fell sharply from July, which analysts said was evidence of a deteriorating freight market that could become even worse because of mounting economic uncertainty and financial market problems.

September 29, 2008
Business, Fuel, Government, Equipment

Experts Cite Driver Behavior as a Key Factor in Extending Service Life, Raising Efficiency

From maintaining optimum air pressure to avoiding jack-rabbit starts, a truck driver’s actions affect not only the life expectancy of tires but also a vehicle’s fuel efficiency.

September 29, 2008
Government, Business, Safety, Fuel, Logistics

Diesel Slips Under $4 a Gallon

Diesel fuel’s national average price fell 6.5 cents to $3.958 a gallon, the 10th straight weekly decline and the first time it has fallen below the $4 mark in almost six months, the Department of Energy said Sept. 22, although a surge in crude oil prices added uncertainty to the outlook.

September 29, 2008
Business, Safety

ATA Urges Approval of Treasury Financial Plan

American Trucking Associations urged quick government review and approval of a comprehensive, estimated $700 billion plan by the Treasury Department to buy bad loans from financial institutions.

September 26, 2008
Business, Safety

Rail, Intermodal Traffic Decline for Week

Rail and intermodal traffic declined for the week ended Saturday compared with a year ago, with much of it due to Hurricane Ike, the Association of American Railroads said.

September 26, 2008
Government, Business, Safety, Fuel, Logistics

Court Ruling Green-Lights SoCal Ports’ Clean Trucks Plan

A federal appeals court Wednesday denied a motion to block a clean trucks program at the Southern California ports of Long Beach and Los Angeles, allowing the sister ports to begin implementation of the program Oct. 1, the Contra Costa (Calif.) Times newspaper reported.

September 25, 2008