Trucking Business News

About Business News...

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.

BusinessGovernmentSafety

FMCSA Sets 鈥楲istening Sessions鈥 for HOS Rules

The Federal Motor Carrier Safety Administration said Monday it will hold four 鈥渓istening sessions鈥 this month in various locations around the country to gather information and public comment on truck driver house of service rules.

January 4, 2010
BusinessFuel

Federal Biodiesel Tax Credit Ends

A federal tax credit that provided makers of biodiesel $1 for every gallon expired Friday, and as a result some U.S. producers say they will shut down without the government subsidy, the Associated Press reported.

January 4, 2010
BusinessSafetyGovernment

ISM Manufacturing Index Expands for Fifth Month

An index of U.S. manufacturing activity expanded in December for the fifth straight month, the Institute for Supply Management said Monday.

January 4, 2010
GovernmentBusiness

Construction Spending Falls 0.6% in November

Construction spending fell 0.6% in November, the Commerce Department said Monday.

January 4, 2010
GovernmentBusinessSafety

DOT Sends EOBR Rule to White House for Final Review

The Federal Motor Carrier Safety Administration has sent its final rule governing the use of electronic onboard recorders to the White House for review.

January 4, 2010
BusinessGovernmentSafety

Trucking Companies Focus on Educating Drivers to Meet CSA Requirements

Even before the first stage of the new federal Comprehensive Safety Analysis begins next summer, some freight companies are stepping up efforts to educate drivers and management about the new ratings and are taking steps to reduce the risk of violations.

January 4, 2010
Business

Oil Tops $80 a Barrel

Oil rose for an eighth straight day Monday, topping $80 for the first time in two months on higher heating oil demand, Bloomberg reported..

January 4, 2010
Business

YRC Gains Bondholder Approval

YRC Worldwide鈥檚 bondholders agreed to swap their debt for equity late last week, enabling the company to continue operating and avoid a possible bankruptcy filing, Bloomberg reported.

January 4, 2010
BusinessGovernmentSafety

Wren Family Sells LTL Firm Lakeville Motor Express

Less-than-truckload carrier Lakeville Motor Express has been sold by the Wren family that founded the Minnesota company in 1921 to Roger Wilsey Sr., an LME vice president, and his wife, Shari.

January 4, 2010
Business

Jobless Claims Fall to Lowest Level Since Mid-鈥08

Initial jobless claims fell to the lowest level since July 2008, the Labor Department reported.

January 4, 2010

Trending

Newsletter Signup

Subscribe to Transport Topics

 

Hot Topics