Trucking Business News

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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.

BusinessFuelGovernment

CPI Falls by Record 1.7% in November

Consumer prices fell in November by a record 1.7%, led by steep declines in energy, the Labor Department said Tuesday.

December 16, 2008
BusinessGovernment

UPS Speeds Some LTL Shipments

UPS Freight said Monday it has set faster less-than-truckload shipping times between central Illinois and points throughout the country.

December 15, 2008
Business

Daimler Delivers LNG Trucks To Port, Intermodal Carrier

LONG BEACH, Calif. — Executives of Daimler Trucks North America celebrated the official delivery of its first production-model heavy-duty trucks powered by liquefied natural gas here last week at the busiest port complex in North America.

December 15, 2008
Business

US 1 Buys Majority Stake in Drayage Firm

US 1 Industries said it has agreed to acquire 60% of intermodal drayage company ARL Inc.

December 15, 2008
Business

MAN Buys Volkswagen’s Brazilian Truck Operations

German truck maker MAN AG will acquire the Brazilian truck and bus operations of Volkswagen AG, which is MAN’s largest shareholder, for an undisclosed sum, Bloomberg reported Monday.

December 15, 2008
GovernmentBusinessSafetyFuelTechnologyEquipment

EPA to Require Sensors For Emissions in 2010

The U.S. Environmental Protection Agency has issued its final rule requiring heavy-truck manufacturers to install onboard diagnostic systems starting in 2010 to alert drivers when engine emission systems are malfunctioning or deteriorating.

December 15, 2008
BusinessLogistics

Wabash Suspends Dividend Payments

Trailer maker Wabash National Corp. said Monday it is suspending its quarterly dividend, “due to the impact of continued weak economic conditions and the uncertainty regarding the timing of a recovery.â€

December 15, 2008
Business

Industrial Production Falls in November

U.S. industrial production fell 0.6% in November, the Federal Reserve said Monday.

December 15, 2008
BusinessEquipment

Used Truck Association Names New President

The Used Truck Association has named Marty Crawford, an Atlanta-based dealer for Arrow Truck Sales, as its president.

December 15, 2008
GovernmentBusinessSafetyFuel

Calif. Sets Strict Diesel Emissions Rule

The California Air Resources Board Friday adopted the strictest diesel emission standards in the nation, requiring expensive diesel particulate filters on rigs on a timetable, over objections the rule could hurt or shut down smaller trucking companies, the Associated Press reported.

December 15, 2008