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.

BusinessTechnologyEquipmentSafetyLogistics

McLeod Acquires Logistics Software Firm

McLeod Software said Wednesday that it had purchased Intergrated Logistics Execution Network Systems, or iLENS, a logistics software company.

April 29, 2009
BusinessSafety

Opinion: Sometimes 鈥楤ig Brother鈥 Is the Good Guy

For years, carriers have sought ways to improve their drivers鈥 behavior when on the road and out of corporate sight, relying mainly on word of mouth and variations on those ubiquitous 鈥淎m I Driving Safely?鈥 signs.

April 29, 2009
BusinessSafety

Truck Tonnage Drops 12.2% in March

Truck tonnage decreased 12.2% in March compared with a year ago, falling to the lowest level since March 2002, American Trucking Associations said.

April 28, 2009
GovernmentBusinessSafety

Judge to Block SoCal Ports鈥 Concession Plans

A federal judge said she will block the concession plans at the ports of Los Angeles and Long Beach, including L.A.鈥檚 requirement that truck drivers be trucking company employees and not contractors, the Associated Press reported.

April 28, 2009
BusinessGovernment

Going 鈥楪reen鈥 Can Offer Dealers Financial Benefits, Panelists Say

OXON HILL, Md. 鈥 Truck dealers and their fleet customers who feel forced to concern themselves with government environmental regulations should consider embracing the subject, as 鈥済reen鈥 issues carry increasing weight with the shipping business community and conservation can lead to better profitability, said panelists at a dealer workshop here.

April 28, 2009
GovernmentBusiness

Consumer Confidence Jumps in April

Consumer confidence jumped in April to the highest level since November, the Conference Board said Tuesday.

April 28, 2009
FuelBusinessLogisticsGovernment

Diesel Drops 2垄 to $2.201

The national average price of diesel fuel fell for a second straight week, dropping 2 cents to $2.201 a gallon, the Department of Energy said Monday.

April 28, 2009
GovernmentBusinessSafety

Daimler Reports Loss for First Quarter

Daimler AG said Tuesday it lost $1.68 billion in the first quarter, compared with a profit of $1.73 billion a year ago, the Associated Press reported.

April 28, 2009
Business

Paccar鈥檚 First-Quarter Income Declines

Heavy-duty truck maker Paccar Inc. said Tuesday its first-quarter profit plunged to $26.3 million, or 7 cents a share, from $292.3 million, or 79 cents, a year ago.

April 28, 2009
BusinessSafetyGovernment

Covenant Says It Lost $5.5 Million in First Quarter

Covenant Transportation Group said Tuesday it lost $5.5 million, or 39 cents per share, in the first quarter, compared with a loss of $7.8 million, or 56 cents, a year ago.

April 28, 2009