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, Safety

Accident Shuts Down I-84 in Conn.

A Tuesday morning truck accident that caused hydrogen gas to leak prompted a shutdown of Interstate 84 in both directions near Waterbury, Conn., the Associated Press reported.

February 12, 2008
Fuel, Business, Logistics, Government

Diesel Price Unchanged at $3.28

The average national price of retail diesel fuel held at $3.28 a gallon from a week ago, the Department of Energy said Monday.

February 11, 2008
Business

Old Dominion Buys Montana Carrier

Less-than-truckload carrier Old Dominion Freight Line said Monday it signed an agreement to buy a Montana trucking company. Terms were not released.

February 11, 2008
Business, Government, Safety, Fuel

Letters to the Editor: Reefer Rules, Fuel Tax Increase, Left Lane ‘Ban’

Transport Topics does a service to its readership with its continuing coverage of environmental regulations, and the Jan. 21 issue is no exception.

February 11, 2008
Business, Logistics

Wabash’s Profit Improves; Sales Dip

Trailer maker Wabash National Corp. said Monday its fourth-quarter profit was $5.6 million, or 18 cents a share, compared with a loss of $5 million, or 16 cents, a year ago.

February 11, 2008
Government, Business, Technology, Equipment, Safety

Ryder Boosts Dividend

Ryder System’s board approved a 2-cent increase in its quarterly dividend, to 23 cents a share.

February 11, 2008
Business

Ryder Boosts Dividend

February 11, 2008
Business, Safety, Government, Logistics

NHTSA Seeks Ways to Use Technology to Reduce Truck-Involved Fatalities

A high-ranking federal safety regulator said truck-involved fatalities have been stuck at a “relatively flat” level for years, and that trend leads officials at the National Highway Traffic Safety Administration to recommend using “Buck Rogers”-style technologies to lower accident rates.

February 11, 2008
Business, Safety, Government

Trimac Names Connard U.S. Unit President

Bulk transporter Trimac Transportation said it had promoted Tom Connard to president of Trimac’s U.S. operations.

February 11, 2008
Business, Fuel, Government, Safety, Logistics

Towne Air Freight Buys Synergy Cargo Logistics

Towne Air Freight said it acquired Synergy Cargo Logistics, which will give Towne a greater presence in the southwestern United States. Terms were not disclosed.

February 11, 2008