Trucking Business News

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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

ATRI State Survey of Rollovers May Spark Safety Measures

American Transportation Research Institute has completed the first phase of a truck rollover study that it said could result in highway improvements and electronic notification systems to warn drivers as they approach areas where roll-overs are prevalent.

May 21, 2012
BusinessLogistics

Caterpillar Sells Majority Interest in 3PL to Private Equity Firm for $750 Million

Caterpillar Inc. has agreed to sell a majority interest in its third-party logistics business to privately held Platinum Equity for about $750 million, while retaining its in-house international network to support its dealers and customers.

May 21, 2012
Business

EPA Says It Took Shortcut In Navistar Penalty Rule

WASHINGTON 鈥 If the Environmental Protection Agency had not taken a shortcut in writing a regulation allowing Navistar Inc. to pay penalties in order to sell engines that exceed 2010 emissions standards, the truck manufacturer would have had to stop selling the engines, a federal attorney said in court.

May 21, 2012
Business

Three More Mexican Fleets Pass U.S. Audits

Federal officials said they have completed safety audits for three more Mexico-based carriers wishing to operate in the United States, but participation in the cross-border program remains far below what the U.S. government has said is needed to properly gauge the safety of Mexican carriers.

May 21, 2012
BusinessSafety

CVSA鈥檚 Annual Roadcheck Event Set for June 5-7

The Commercial Vehicle Safety Alliance said that roughly 10,000 truck and bus inspectors will fan out at more than 1,500 locations across North America from June 5-7 for the annual 鈥淩oadcheck鈥 safety event.

May 21, 2012
BusinessFuel

Diesel Prices Drop Another 5.3垄 to $4.004 per Gallon

Retail diesel prices retreated another 5.3 cents to $4.004 a gallon last week, the Department of Energy reported, as crude oil prices sank to their lowest levels of the year.

May 21, 2012
BusinessFuel

Volvo Trucks Planning 13-Liter LNG Engine

MIAMI 鈥 Volvo Trucks plans to introduce a聽 new 13-liter liquefied natural gas engine for its North American over-the-road customers in 2014, the latest development in the fast-growing move to natural gas products, company officials said Friday.

May 18, 2012
GovernmentBusinessTechnologyEquipment

FMCSA Formally Withdraws EOBR Rule

The Federal Motor Carrier Safety Administration has formally withdrawn its regulation that would have mandated electronic onboard recorders for some carriers.

May 18, 2012
Business

SoCal Ports鈥 Cargo Up 2% in April

Total cargo volume in Southern California ports of Los Angeles and Long Beach rose 2% in April, indicating stronger international trade volume at the nation鈥檚 two largest ports.

May 18, 2012
BusinessLogistics

Intermodal Traffic Rises 3.1% for Week

U.S. intermodal traffic rose 3% for the week ended Saturday from a year ago, the Association of American Railroads said.

May 18, 2012

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