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

MGM Transport Bought by Private-Equity Firm

MGM Transport Corp. has been acquired by private-equity firm CF Holding Co. for an undisclosed sum, the Business Journal of the Greater Triad Area, in North Carolina, reported last week.

July 9, 2007
Government, Business, Safety, Fuel

EPA Proposes Tightening Ozone Standard

The Environmental Protection Agency proposed reducing the amount of ozone in the air, which trucking industry and manufacturing officials said could lead to retrofits of older trucks.

July 9, 2007
Business, Safety

Rail, Intermodal Levels Drop for Week

Rail carload and intermodal freight fell for the week ended June 30 compared with a year ago, the Association of American Railroads said.

July 9, 2007
Government, Business, Safety

Ontario to Introduce Legislation on Speed Limiters

The Ontario government will introduce legislation this fall to adopt a proposal put forward by the Ontario Trucking Association almost two years ago to make 65-mph speed limiters on trucks mandatory, OTA said last week.

July 9, 2007
Business, Safety

Editorial: Endings and New Beginnings

This week’s issue of Transport Topics is the last one that will be produced at 2200 Mill Road in Alexandria, Va., the headquarters of American Trucking Associations, our owner, for almost 24 years.

July 9, 2007
Business

Volvo to Participate in Joint Program on Vehicle Technology

The Volvo Group said late last month it will be participating in a joint environmental program between the U.S. and Swedish Governments.

July 9, 2007
Business, Technology, Equipment, Safety

Port of Oakland to Launch GPS Tracking System

Trucking companies, owner-operators and shippers at the Port of Oakland, Calif., and Oakland’s World Trade Center will be able to track freight using Global Positioning System technology starting in about six months.

July 9, 2007
Government, Business

Trailer Shipments Plunge 11.8%

Shipments of new trailers to dealers and fleets fell 11.8% during the first five months of 2007, due in large part to the weaker economy, and will fall further this year, according to trailer manufacturers and analysts.

July 9, 2007
Business

Freight Decline Worsens

The decline in truck tonnage accelerated from April to May, dropping 3.6% compared with last May — the largest year-over-year fall-off since January.

July 9, 2007
Business, Government, Safety, Fuel

Trucking Industry’s Largest Carrier Turns 100

Order a T-shirt from Jockey online or send your Toshiba laptop for repair, and your new shirt probably will arrive the next day, your repaired computer within the week. Both likely will come from Worldport, UPS Inc.’s 4 million-square-foot international air hub in Louisville, Ky.

July 9, 2007