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.

BusinessSafetyGovernment

Transport Activity Improving Slightly, Fed Says

The U.S. economy continued to improve modestly from mid-November to early January and conditions have improved for transportation, but economic activity remained low, the Federal Reserve said Wednesday.

January 13, 2010
BusinessSafetyGovernment

DOT Freight Index Slips in November

The Department of Transportation鈥檚 freight transportation services index for November fell 6.8% from a year ago but showed a slight increase from October.

January 13, 2010
BusinessGovernment

Cat Lift Trucks Adds Products For 2010

Cat Lift Trucks said that it has added five new electric counterbalanced and internal combustion pneumatic lift truck families to its current product lineup in the United States, Canada and Mexico.

January 13, 2010
Business

Navistar Picks New Vendor to Transport Vehicles

Navistar Inc. has shifted the vehicle delivery contract for its Springfield, Ohio, plant to Truck Movers.com after a contract with Auto Truck Transport, another haulaway carrier, expired, a Navistar spokesman said.

January 13, 2010
Business

ThermaFreeze Offers New Refrigerant

ThermaFreeze Products Corp., maker of patented dry gel refrigerant products for use in preserving food and other perishables, including in commercial transport, said it has begun distributing its products to major retailers.

January 13, 2010
BusinessEquipment

South Korean Firm to Supply Eaton With Battery Packs

South Korean chemicals producer LG Chem Ltd. agreed to supply lithium-ion battery packs to Eaton Corp., the U.S. maker of commercial vehicle parts, Bloomberg reported.

January 13, 2010
Business

Oil Slips Below $80 a Barrel

Oil fell to below $80 a barrel for the first time this month in early trading Wednesday as analysts said U.S. supplies were likely improving, Bloomberg reported.

January 13, 2010
BusinessGovernmentSafety

LaHood Announces New Group to Fight Distracted Driving

Secretary of Transportation Ray LaHood announced Tuesday the creation of FocusDriven, an organization dedicated to fighting distracted driving.

January 12, 2010
Business

Opinion: Women in the Trucking Industry

A friend once told me to 鈥渓ead from a position of strength.鈥 This helpful piece of advice is a reminder that people don鈥檛 want to follow negativity 鈥 especially in these turbulent times. They want leaders who can offer them something positive.

January 12, 2010
GovernmentBusinessSafety

Ferro Hopes for Variety of Perspectives on HOS Rule

WASHINGTON 鈥 Anne Ferro, head of the Federal Motor Carrier Safety Administration, told Transport Topics she hoped the agency will get a variety of points of view during its upcoming public hearings on hours-of-service.

January 12, 2010

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