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.

Fuel, Business, Government

Diesel Gains 3.7¢ to $3.345

The average price of retail diesel fuel rose 3.7 cents to $3.345 a gallon, while gasoline jumped 7.3 cents to $3.053, the Department of Energy said.

January 2, 2008
Business, Safety, Government

Sun Capital Unit Buys Mark IV Industries

Private equity firm Sun Capital Partners said Wednesday that one of its affiliates completed the acquisition of Mark IV Industries, a manufacturer of automotive and heavy-duty transportation technologies.

January 2, 2008
Business

YRC Worldwide to Take 4Q Charge

YRC Worldwide said Wednesday it expects to incur a fourth-quarter charge of $700 million to $800 million before taxes, primarily related to its 2005 acquisition of USF Corp.

January 2, 2008
Government, Business, Safety

Editorial: End the Game

It’s more than time for the ping-pong game that has enveloped the years-long drive to revamp the work rules for America’s truck drivers to be over.

January 2, 2008
Business, Safety, Government

ISM Manufacturing Index Contracts in December

The Institute for Supply Management’s manufacturing index contracted in December, ISM said Wednesday.

January 2, 2008
Government, Business

Construction Spending Rises 0.1% in November

Construction spending rose 0.1% in November, the Commerce Department reported Wednesday.

January 2, 2008
Business, Safety, Government, Technology, Equipment

DOT Seeks Input on Congestion Technology

The U.S. Department of Transportation asked private companies and governments to provide information on commercially available technologies that could be used to reduce congestion and improve the safety of the transportation system.

January 2, 2008
Business, Safety, Government

TTNews.com to Close for New Year’s Holiday

Transport Topics Online will be closed through Friday for the New Year’s holiday. Please check back on Monday, Jan. 5, for the latest trucking and freight transportation news.

December 31, 2007
Government, Business, Safety

Final EOBR Rule Will Include Larger Mandate than Original Proposal, FMCSA’s Hill Says

WASHINGTON — John Hill, head of the Federal Motor Carrier Safety Administration, said the agency’s final electronic onboard-recorders rule would include a larger mandate than the original proposal.

December 31, 2007
Government, Business, Safety

iTECH: Value of IT Managers Rises at Midsize Fleets

Recent innovations in information technology, such as the ability to harness the power of software applications over the Internet, are changing when and why trucking companies need on-site IT managers.

December 31, 2007