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.

GovernmentBusiness

Graves Scolds Washington for Stalling Highway Bill

PHOENIX 鈥 American Trucking Associations President Bill Graves lashed out at Washington for failing to make progress on a surface transportation bill, saying 鈥減olitical expediency鈥 prevented essential action on improving the transportation infrastructure.

October 25, 2010
Business

Trucking 鈥楩airly Optimistic鈥

PHOENIX 鈥 Trucking executives meeting here last week said they were cautiously optimistic that despite a sluggish economy and regulatory and political uncertainties, the industry was poised to emerge from the doldrums it has been in for several years.

October 25, 2010
Business

CO2 Rule to Pose Few Hurdles in Initial Round, OEMs Predict

PHOENIX 鈥 Truck and engine makers said that they expect to encounter few obstacles meeting the first round of anticipated new federal fuel efficiency and carbon dioxide standards for heavy-duty trucks expected to become effective in 2014.

October 25, 2010
Business

Economy to Continue Growing Slowly, But Fleets Should Prosper, Panel Says

PHOENIX 鈥 The U.S. economy will skirt a second round of recession, although growth will probably remain sluggish for at least three quarters, a team of economic forecasters told members of American Trucking Associations.

October 25, 2010
BusinessGovernment

EPA to Revise Guidance on SCR Truck Engines

WASHINGTON 鈥 The Environmental Protection Agency is revisiting its guidance for selective catalytic reduction technology in heavy-duty trucks as a result of a court settlement with Navistar Inc. earlier this year, an agency official said last week.

October 25, 2010
BusinessSafetyFuelGovernment

Tanker Wetlines Rule Advances

PHOENIX 鈥 The Pipeline and Hazardous Materials Safety Administration sent its new proposed 鈥渨etlines鈥 regulation to the White House Office of Management and Budget on Oct. 15 for review.

October 25, 2010
BusinessFuel

Diesel Average Rises 0.7垄 to $3.073 a Gallon for Fifth Increase in Six Weeks, DOE Says

The U.S. retail diesel and gasoline averages both rose again last week, the Department of Energy reported, but the increases slowed as crude oil prices continued a recent slide.

October 25, 2010
BusinessLogistics

Intermodal Freight Volumes Remain Strong, Contributing to Strong 3Q Railroad Profits

The intermodal business is making a solid contribution to third-quarter rail profits, as volumes remain strong through the fall peak season for domestic freight, industry officials said.

October 25, 2010
Business

UPS鈥 Third-Quarter Net Income Soars 80%

UPS Inc. said Oct. 21 its third-quarter net income jumped 80% to $991 million from a year earlier, on the strength of higher rates and rising profits for domestic and international packages.

October 25, 2010
Business

YRC Posts Improvement in Quarterly Results

YRC Worldwide Inc.鈥檚 third-quarter financial results improved on both a year-over-year basis and from the second quarter of 2010, the less-than-truckload company said last week, reporting that tonnage improved and operating losses declined.

October 25, 2010

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