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

Stimulus Plan Includes Tax Refunds for Businesses

President-elect Barack Obama's proposed economic stimulus plan would include billions of dollars of refunds for taxes paid years ago, the Associated Press reported.

January 6, 2009
BusinessSafetyGovernment

APM to Use TWIC as Credential For Workers at Virginia Facility

APM Terminals Virginia will discontinue use of company identification cards at its Portsmouth, Va., facility and rely solely on the federal Transportation Workers Identification Credential, or TWIC, a port executive said.

January 5, 2009
BusinessFuel

Isuzu to Use SCR to Meet U.S. 2010 Standards

Isuzu Commercial Truck of America said it will use selective catalytic reduction technology to meet U.S. 2010 nitrous oxide emissions standards.

January 5, 2009
BusinessTechnologyEquipmentSafetyGovernment

Eaton Sells VORAD System to Bendix

Truck parts and components maker Eaton Corp. said Monday it has sold its VORAD, or vehicle on-board radar, system to Bendix Commercial Vehicle Systems. Terms were not disclosed.

January 5, 2009
GovernmentBusinessSafetyFuel

Letters to the Editor: California Filters, Medical Certificates, Broker Legislation, HOS Challenge

We have to stop going to California; that’s the bottom line. First, they (the ports) put emission standards on who could go into the ports in the Los Angeles area.

January 5, 2009
Business

Navistar Issues Fiscal 2009 Guidance

Navistar International Corp. Monday said its net income for its fiscal year 2009 ending Oct. 31, 2009, will be $370 million to $410 million, or $5.10 to $5.60 per share.

January 5, 2009
GovernmentBusiness

Construction Spending Falls 0.6%

Construction spending fell 0.6% in November, the Commerce Department said Monday.

January 5, 2009
GovernmentBusinessSafetyFuel

Panel Recommends Federal Fuel Tax Increases

A commission created by Congress plans to release a report this month recommending increases in the federal taxes on diesel fuel and gasoline, the Associated Press reported.

January 5, 2009
BusinessSafetyGovernment

ISM Manufacturing Index Falls to 28-Year Low

U.S. manufacturing activity contracted at the fastest pace in 28 years in December, the Institute for Supply Management said.

January 5, 2009
Business

November Tonnage Falls 1.8%

November truck tonnage declined 1.8% on a seasonally adjusted basis from year-earlier levels and 15.4% on an unadjusted basis, delivering the latest evidence that the economic downturn is putting ever more pressure on fleets.

January 5, 2009