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

Freightliner Machinists Strike Oregon Plant

Machinists for Freightliner Trucks in Portland, Ore., went on strike Tuesday morning over insurance and overtime provisions in a proposed labor contract, the Oregonian newspaper reported.

July 3, 2007
BusinessSafetyGovernment

TTNews to Close Friday for July 4 Holiday

Transport Topics Online will be closed Friday for the July 4 holiday. Please check back on Monday, July 7, for the latest trucking and freight transportation news.

July 3, 2007
Business

European Regulators OK Chrysler Sale

European Union regulators have approved private-equity firm Cerberus Capital Management’s plan to buy DaimlerChrysler’s Chrysler division for $7.5 billion, Bloomberg reported Tuesday.

July 3, 2007
FuelBusinessGovernment

Diesel Dips 0.6¢ to $2.829

The average retail price of U.S. diesel fuel fell 0.6 cent to $2.829 a gallon, the Department of Energy said Monday.

July 3, 2007
GovernmentBusinessSafety

CVSA Releases Roadcheck Results

The Commercial Vehicle Safety Alliance released results from its Roadcheck 2007 truck safety inspection program held last month, citing higher levels of hours of service violations but improvements in safety belt use among drivers.

July 2, 2007
BusinessSafetyGovernment

Letters to the Editor: Hours of Service, Hypermiling, EOBRs

The critics of a nonsynchronized hours-of-service application tend to be somewhat too closely affiliated with the providers of onboard solutions.

July 2, 2007
BusinessSafetyGovernment

ISM Factory Index Rises in June

The Institute for Supply Management’s manufacturing index rose at the fastest pace in 14 months, ISM said Monday.

July 2, 2007
GovernmentBusiness

Clarification: Werner Gains C-TPAT Validation

Truckload carrier Werner Enterprises said late Monday it has become a validated member in the Customs-Trade Partnership Against Terrorism, or C-TPAT, federal cross-border trade program.

July 2, 2007