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, Government, Safety, Fuel, Logistics

Diesel Jumps 7.5 Cents to $2.626; Gas Soars 12.2 Cents

The average national price of diesel fuel jumped 7.5 cents to $2.626 a gallon, while gasoline soared 12.2 cents from last week to $2.505, the Department of Energy said Monday.

March 6, 2007
Business, Government

Factory Orders Plunge 5.6% in Biggest Decline in Six Years

Factory orders plunged 5.6% in January, the biggest drop in six years, the Commerce Department reported Tuesday.

March 6, 2007
Business, Government, Safety

Fourth-Quarter Productivity Rises 1.6%

Fourth-quarter U.S. worker productivity rose 1.6%, matching the level for the full year but lower than originally estimated, the Labor Department said Tuesday.

March 6, 2007
Business, Government, Safety, Logistics

Contrans’ Fourth-Quarter Income Rises

Canadian firm Contrans Income Fund reported it earned C$7.8 million or 34 cents a unit, compared with C$6.3 million or 33 cents a year earlier.

March 6, 2007
Business, Government, Safety

Frozen Food Express’ Fourth-Quarter Income Declines

Refrigerated truckload carrier Frozen Food Express Industries said Tuesday its fourth-quarter income fell to $3.4 million or 24 cents a share, from $6.4 million or 34 cents a year earlier.

March 6, 2007
Business, Equipment

Component Maker Accuride’s Fourth-Quarter Profit Dips

Commercial vehicle component maker Accuride Corp. said Tuesday it earned $14.3 million or 41 cents a share in the fourth quarter, compared with $14.9 million or 43 cents a year earlier.

March 6, 2007
Business

Allied Holdings to Be Taken Over by Yucaipa Cos.

Auto hauler Allied Holdings will be taken over by the private company Yucaipa Cos. under a bankruptcy exit plan filed jointly by the two firms, Bloomberg reported late Friday.

March 5, 2007
Business

U.S. Awards $385 Million for Ethanol Development

The U.S. government awarded $385 million in grants last week aimed at jumpstarting ethanol production from nontraditional sources like wood chips, switchgrass and citrus peels, the Associated Press reported.

March 5, 2007
Business, Fuel

EPA to Issue SCR Guidance, Meet With OEMs on 2010

The Environmental Protection Agency said it would soon issue its guidance for engine manufacturers on the conditions they must meet in order to sell engines that use selective catalytic reduction to meet emission regulations.

March 5, 2007
Business, Fuel, Autonomous

Fleets Face Few Hurdles With New Power Plants

As the trucking industry shifts to the next generation of low-emission diesel engines, some fleet maintenance managers said they have experienced few problems with the transition, which presents maintenance adjustments for heavy-duty and medium-duty trucks alike.

March 5, 2007