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.

GovernmentBusinessSafety

Senate Confirms Anne Ferro as Next FMCSA Administrator

The Senate has unanimously confirmed Anne Ferro, the former head of the Maryland Motor Truck Association, to direct the Federal Motor Carrier Safety Administration.

November 16, 2009
GovernmentBusinessSafety

ATA Seeks DOT Meeting to Discuss Future of HOS

American Trucking Associations has requested a meeting with Department of Transportation officials to discuss the agency’s intention to revise federal driver work rules issued during the Bush administration.

November 16, 2009
GovernmentBusinessSafetyEquipment

October Truck Orders Spike

North American Class 8 truck orders shot up sharply in October to about 22,000 vehicles, double the previous month’s total and more than twice the year-ago total, according to data from two research firms.

November 16, 2009
BusinessAutonomous

Daimler Trucks to Bolster Western Star Presence in Heavy-Duty Marketplace

LAS VEGAS — Daimler Trucks North America moved to publicly strengthen its commitment to its small Western Star brand, hosting gatherings of dealers and industry media here last week.

November 16, 2009
BusinessFuelGovernment

Diesel, Gasoline Averages Dip, Ending Monthlong Increase

U.S. retail diesel and gasoline price averages reversed a monthlong string of increases last week, as diesel dipped 0.7 cent to $2.801 a gallon and gas declined 2.8 cents to $2.666, the Department of Energy reported.

November 16, 2009
BusinessGovernment

FedEx Trade Networks Adds Freight Forwarding Offices in Asia, Europe

FedEx Trade Networks said that it has opened seven new freight forwarding offices in Asia and Europe.

November 13, 2009
BusinessGovernment

Consumer Confidence Declines in November

U.S. consumer confidence declined this month, according to the preliminary Reuters/University of Michigan monthly consumer sentiment index released Friday.

November 13, 2009
Business

Wal-Mart’s 3Q Income Rises

Wal-Mart Stores said that its profit rose 3.2% to $3.24 billion, or 84 cents a share in the quarter ended Oct. 31, compared with $3.14 billion, or 80 cents, a year ago.

November 13, 2009
BusinessLogistics

Mullen Group Makes Offer for Livingston

Canadian transporter Mullen Group offered to buy Ontario-based logistics firm Livingston International Income Fund in an all-stock deal that tops a previous buyout offer from a consortium of other investors.

November 13, 2009
BusinessLogistics

UPS Wins Manheim Vehicle Contract

UPS Inc. will provide logistics services for used vehicle auctioneer Manheim, the company announced.

November 13, 2009

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