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, Government

Sen. Clinton Seeks Rail-Safety Upgrades

May 22, 2007
Fuel, Business, Logistics, Government

Diesel Price Rises 3¢ to $2.803; Gas Jumps to Another Record

Diesel fuel’s national average price climbed 3 cents to $2.803 a gallon and gasoline continued to soar, setting an all-time record for the second straight week with an 11.5-cent spike to $3.218, the Department of Energy said Monday.

May 22, 2007
Government, Business

Pacer, Trailer Bridge Set New Service

Pacer Stacktrain and Trailer Bridge Inc. said Tuesday they have partnered to move 53-foot containers on an integrated, intermodal basis between the United States and Puerto Rico.

May 22, 2007
Fuel, Business, Autonomous

UPS Expands ‘Green Fleet’ Hybrids

UPS Inc. said Tuesday it had expanded its fleet of alternative-fuel vehicles by adding 50 new hybrid electric delivery trucks.

May 22, 2007
Government, Business

FMCSA’s Hill Takes Questions in TT Chat Session

John Hill, administrator of the Federal Motor Carrier Safety Administration, took questions Tuesday from Transport Topics readers in a 90-minute online chat session.

May 22, 2007
Business, Logistics

Ceva Boosts EGL Offer to $2 Billion

Ceva Logistics said Monday it has made a new offer to buy EGL Inc., raising its per-share offer to $47.50 a share, or about $2 billion total.

May 21, 2007
Business

Daimler to Keep Remaining Units

DaimlerChrysler, which last week agreed to sell its U.S. Chrysler division, will keep its heavy-duty truck and luxury car units, Chief Executive Officer Dieter Zetsche told Bloomberg News.

May 21, 2007
Business, Safety, Government

McLeod Updates Software Package

McLeod Software, said Thursday it added several features to its LoadMaster transportation management package.

May 21, 2007
Business

Xata Reports Fiscal 2Q Loss

May 21, 2007
Business, Fuel, Safety, Autonomous

Truck Makers Oppose Legislation Imposing Fuel-Economy Standards

A Senate proposal that would set fuel-economy standards for heavy- and medium-duty trucks conflicts with a current push to reduce engine emissions and would not work without additional research, representatives of the truck manufacturing industry said.

May 21, 2007