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

Midwest Floods Damage Roads, Bridges

Heavy rains led to severe flooding in several Midwest states this week, taking out some major roads and rail bridges and causing millions of dollars in damages, news services reported.

June 11, 2008
Business, Safety, Government

DOT’s Freight Transport Index Rises Slightly

The Department of Transportation’s freight transportation services index for April rose slightly from a year ago, but was unchanged from March, DOT said Wednesday.

June 11, 2008
Business, Safety, Government, Fuel

Letters to the Editor: Fuel-Cost Crisis, Drug & Alcohol Testing, Trucker Pride

I joined the company where I work about three months ago, and one of my top-priority jobs has been fuel usage. We had to look at our idling time because all our trucks are sleepers and the drivers run in 48 states.

June 11, 2008
Business, Safety, Government

TWIC Machines Faulty, Lawmaker Says

Most of the machines that process the Transportation Worker Identification Credential cards are broken, according to a House lawmaker, the Associated Press reported.

June 11, 2008
Government, Business, Safety

FMCSA Extends CDL-Permit Comment Period to July 9

The Federal Motor Carrier Safety Administration has extended a comment period for states to establish commercial learner’s permits by a month, to July 9.

June 11, 2008
Fuel, Business, Government

Two Truck Drivers Killed in European Fuel-Price Protests

Police cleared striking truckers who were protesting high fuel prices from the Spanish-French border, and two striking drivers were killed in separate incidents in Spain and Portugal, the Associated Press reported Wednesday.

June 11, 2008
Business

Senate Republicans Kill Oil Windfall-Profits Tax

Senate Republicans killed a measure Tuesday backed by Democrats that would have would increased windfall-profit taxes on oil companies, Bloomberg reported.

June 10, 2008
Government, Business, Safety

ATA Petitions Against Boston Hazmat Rules

American Trucking Associations has asked the Federal Motor Carrier Safety Administration to prevent changes Boston recently made to its hazardous materials routing designations and permitting process.

June 10, 2008
Fuel, Business

DOE Sees Diesel Near $4.71 for Next Few Months

Diesel fuel will average $4.32 a gallon this year and next year, but will remain near $4.71 a gallon for the next few months, the Department of Energy said.

June 10, 2008
Fuel, Business, Government

IEA Lowers Oil Demand Forecast; European Truckers Step Up Protests

The International Energy Agency lowered its forecast for global oil demand this year, while thousands of European truckers protested high fuel prices, the Associated Press reported Tuesday.

June 10, 2008