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

Express-1 Promotes Curry to President

Ground expediter Express-1 Expedited Solutions said Tuesday it has promoted Jeff Curry to president.

June 19, 2007
Business

Letters to the Editor: NYC Entry Fee, More on Biofuels

Who do the people of New York City think is going to pay this new anti-congestion truck tax?

June 19, 2007
Government, Business, Safety

N.Y. Gov. Sees Passage of Congestion Fee

A proposed plan to charge fees on vehicles entering New York’s business district could win approval from state lawmakers as soon as Thursday, according to Gov. Eliot Spitzer, Bloomberg News reported. (Click here to write a Letter to the Editor.)

June 19, 2007
Fuel, Business, Logistics, Government

Diesel Rises 1.3¢ to $2.805; Gas Falls to Just Over $3

Diesel fuel’s national average retail price rose 1.3 cents $2.805 a gallon, while gasoline fell 6.7 cents but remained just over $3, the Department of Energy said Monday.

June 19, 2007
Business

Marten Orders 2,000 APUs from Thermo King

Refrigerated truckload carrier Marten Transport has ordered more than 2,000 auxiliary power units from Thermo King.

June 18, 2007
Business, Safety

1Q Driver Turnover Rates Rise

Driver turnover rates rose in the first quarter at both large truckload and less-than-truckload carriers, while the rate fell modestly for smaller truckload carriers, according to new American Trucking Associations data.

June 18, 2007
Business, Safety, Government

Analyst Lowers 2Q Outlook

An analyst with Stifel, Nicolaus & Co. lowered the second-quarter and full-year earnings estimates on 13 freight companies — including 12 trucking companies — citing continued softness in the transportation market, the Associated Press reported.

June 18, 2007