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.

BusinessTechnology

ALK Previews PC Miler 25 at Tech Summit

PRINCETON, N.J. 鈥 ALK Technologies is preparing to launch version 25 of its PC Miler truck-routing software, the company said May 5 at its annual technology summit here.

May 9, 2011
Business

FMCSA Reopens HOS Comment Period for Review of Four New Studies

The Federal Motor Carrier Safety Administration is reopening its hours-of-service proposed rule to public comments in order to allow review of four new studies.

May 9, 2011
Business

Abrupt Capacity Shortage Threatens Trucking, Celadon鈥檚 Chief Warns Annual ALK Summit

PRINCETON, N.J. 鈥 There could be an 鈥渋nstantaneous capacity shortage鈥 in the United States this year or next because of a 鈥減erfect storm鈥 fed by an aging, shrinking truck fleet and a lack of good drivers, said Paul Will, president and chief operating officer of Celadon Group.

May 9, 2011
BusinessLogistics

Horizon Lines Reports $33.3 Million 1Q Loss

Horizon Lines Inc., the ocean carrier that provides service between the U.S. mainland and Alaska as well as other locations, said it lost $33.3 million in the fiscal first quarter ended March 27, a loss that was nearly three times greater than the comparable 2010 period.

May 9, 2011
Business

April Truck Orders Surge

Orders for new Class 8 trucks in North America shot up dramatically in April to around 38,000, about 160% higher than the year-ago level, lengthening delivery schedules, according to industry officials.

May 9, 2011
BusinessEquipment

Used Class 8 Prices Rise as Inventory Tightens

The average price of used Class 8 trucks rose again in March, increasing 6% from February, and buyers accepted higher-mileage vehicles as well, according to ACT Research Co. and retail dealers.

May 9, 2011
BusinessFuel

Gasoline Hits $4 National Average, Lundberg Survey Says

Gasoline鈥檚 national average has reached $4 a gallon, about a dime below its all-time high, according to the latest Lundberg Survey of filling stations released Sunday.

May 9, 2011
BusinessLogistics

Trailer Production in March More Than Doubles From 2010

Both orders and factory production of new commercial trailers more than doubled in March, compared with the same month of 2010 and leading to escalating prices and longer wait times, industry officials have said.

May 9, 2011
Business

Industry Groups Blast Bill in Congress that Imposes Truck Size, Weight Limits

WASHINGTON 鈥 Trucking industry groups last week criticized a bill introduced by Sen. Frank Lautenberg (D-N.J.) aimed at freezing truck size and weight limits on the 160,000-mile National Highway System, saying it would block increases in truck productivity.

May 9, 2011
GovernmentBusinessSafety

Costly Fees, Red Tape Discourage Drivers from Getting Hazmat Credentials, Hill Told

Multiple security background checks and costly fees have caused the population of truck drivers with Transportation Security Administration hazardous materials endorsements to decline by roughly 1.2 million since 2004, a top American Trucking Associations official told a congressional subcommittee last week.

May 9, 2011

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