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.

BusinessSafety

ATA Offers Carriers Guidance on Potential Pandemic Preparations

American Trucking Associations has reminded motor carriers of the actions they should take to prepare for a possible influenza pandemic in light of the swine flu outbreak.

April 28, 2009
BusinessSafetyGovernment

Recession Hurting Used-Truck Exports

OXON HILL, Md. — The sale of used North American trucks to overseas markets may once again become a useful technique for maximizing revenue for sellers, industry executives said, but for now the recession has caused even that market to decline.

April 28, 2009
Business

Celadon Reports Fiscal Third-Quarter Loss

Truckload carrier Celadon Group lost $2.1 million, or 10 cents a share, in its fiscal third-quarter, compared with a profit of $100,000, or 1 cent, a year ago.

April 27, 2009
BusinessSafetyGovernment

Cargo Theft Still ‘On the Rise’

Cargo theft continues to be a problem for the freight transportation industry and could cause insurance premiums to increase, two experts said.

April 27, 2009
BusinessGovernment

Swine Flu Outbreak May Slow Cross-Border Resolution With Mexico

The international swine flu outbreak may complicate resolution of the cross-border trucking dispute with Mexico, Reuters reported Monday.

April 27, 2009
Business

Universal Truckload Services’ Income Drops

Universal Truckload Services said its net income plunged 95.8% to $100,000, or 1 cent per share, from $3.3 million, 21 cents, a year ago.

April 27, 2009
BusinessFuelGovernment

Navistar Says Trucks Qualify for More CARB Vouchers

Navistar International Corp. said Monday that it has received total hybrid vehicle certification from the California Air Resources Board, becoming the first truck and bus manufacturer to do so.

April 27, 2009
BusinessFuelSafetyGovernment

California Adopts Low-Carbon Fuel Standard

The California Air Resources Board has adopted a low-carbon fuel regulation that targets cutting greenhouse gas emissions from the state’s transportation fuels by 10% by the year 2020.

April 27, 2009
Business

Scania’s 1Q Profit Falls 93%

Swedish truck maker Scania AB’s first-quarter net income fell 93% on lower demand, the Associated Press reported Monday.

April 27, 2009
Business

GM to Cut 21,000 Factory Jobs, End Pontiac Brand

General Motors Corp. could be majority owned by the federal government under a restructuring plan that will cut 21,000 U.S. factory jobs by next year and phase out the company’s Pontiac line, the Associated Press reported Monday.

April 27, 2009