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

Motor Carriers, Shipping Lines Clash on Effectiveness of Chassis-Safety Rules

Two years after truckers won a decade-long battle to win new federally mandated chassis-safety rules, broad disagreement about the effect of those changes remains, marketplace confusion reigns and operational issues are unresolved, according to trucking officials and consultants.

July 25, 2011
BusinessFuel

Diesel Fuel Price Rises 2.4垄 to $3.923 a Gallon

The average price of a gallon retail diesel fuel rose 2.4 cents a gallon last week to $3.923, the second straight weekly increase, according to the Department of Energy.

July 25, 2011
Business

YRC Completes Restructuring Plan

YRC Worldwide said late Friday it has completed the financial restructuring plan it first announced in April, completing the last remaining milestones.

July 22, 2011
BusinessAutonomous

Volvo鈥檚 2Q Profit Jumps on Higher Truck Sales

Volvo AB said Friday its second-quarter profit jumped 62% on higher truck sales in Europe and North America.

July 22, 2011
Business

Caterpillar鈥檚 2Q Profit Tops $1 Billion

Heavy equipment maker Caterpillar Inc. said Friday its second-quarter profit聽jumped 44% on higher sales, despite extra expenses from the company's acquisition of Bucyrus.

July 22, 2011
Business

YRC Posts Second-Quarter Loss

YRC Worldwide said Friday it lost $39 million, or 81 cents per share, in the second quarter, compared with a loss of $10 million, or 24 cents, a year ago.

July 22, 2011
Business

J.B. Hunt Announces Planned Management Changes

J.B. Hunt Transport Services Thursday designated successors for three members of its management team who plan to retire by the end of this year.

July 22, 2011
Business

Chainalytics Buys Crosstown Rival

Chainalytics LLC, a supply chain and consulting firm based in Atlanta, said July 14 it had acquired crosstown counterpart Chainnovations LLC for an undisclosed sum.

July 22, 2011
BusinessLogistics

Pilot Freight Debuts First Office in Europe

Pilot Freight Services, a transportation and logistics services provider, said that it has opened its first European location in Amsterdam, Netherlands.

July 22, 2011
BusinessTechnology

N.Y.C. Launches Traffic Program to Limit Jams

New York City is hoping to ease midtown Manhattan traffic congestion with new technology聽that will track the flow of vehicles and allow engineers to control traffic lights in real time, the Associated Press reported.

July 22, 2011

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