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.

BusinessGovernmentTechnologyEquipmentSafety

State Registration Fee Plan Would Double Fleet Charges

State truck registration fees would more than double under a proposal being prepared for the Federal Motor Carrier Safety Administration under a two-year-old system Congress set up to reduce fees for for-hire carriers.

February 23, 2009
GovernmentBusiness

Glitches Cause Traffic Jam as Ports Collect New Fee

Technological glitches related to the launch of a container fee program are being blamed for congestion that jammed the ports of Los Angeles and Long Beach, Calif., on Feb. 18.

February 23, 2009
GovernmentBusinessSafety

Government Raises Presence During Recession

ORLANDO, Fla. With the United States in a recession, the federal government is commanding a larger presence, two business lobbyists said, and while that does bring with it the potential for trouble, many executives at a manufacturers conference here welcomed the potential for help.

February 23, 2009
Business

Obama Signs Stimulus Package Into Law

President Obama signed a $787 billion economic stimulus package into law last week that included about $27.5 billion in highway funding, some of which already is being put to use.

February 23, 2009
GovernmentBusinessSafetyFuel

California Finishing Plans to Issue Vouchers to Help Small Carriers Buy Cleaner Vehicles

California environmental regulators are drawing up plans to issue vouchers as early as this spring to small fleets to help them pay for replacing old trucks with units carrying a 2007 or newer diesel engine.

February 23, 2009
Business

TL Fleets Review Purchase Plans as Economic Concerns Deepen

CORAL GABLES, Fla. Some truckload fleets that plan to purchase new tractors in 2009 say they may scale back their purchases as the U.S. economy weakens further, but others said they intend to keep buying.

February 23, 2009
Business

Recession Should Begin to Ease Midyear Followed by Mild Growth, Economist Says

ORLANDO, Fla. The recession under way for 14 months is already deep and long and is supposed to hit bottom around the middle of this year, with mild growth in the second half, a Federal Reserve senior economist told a heavy-duty industry gathering here Feb. 16.

February 23, 2009
BusinessFuelGovernment

Diesel Declines 3.3瞽 to $2.186; Gas Continues to Rise

The average retail price of U.S. diesel declined for the fifth consecutive week, dipping another 3.3 cents a gallon, according to the Department of Energy.

February 23, 2009
Letters to the EditorBusinessSafetyGovernment

Letters: Back to Basics; Snow Removal Fines; Government Stimulus

Listening to the television pundits trying to divine the future of our economy, I am not unlike millions of people worldwide. We are all watching Washington, waiting for a panacea to the economic woes.

February 20, 2009
BusinessFuel

UPS Rolls Out 300 CNG Trucks

UPS Inc. said it has put more than 300 compressed natural gas-powered delivery trucks into service in seven cities across the country.

February 20, 2009