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.

BusinessEquipment

ArvinMeritor Takes 4Q Loss, Will Sell Auto-Parts Unit

Components supplier ArvinMeritor said its fourth-quarter loss widened and that it plans to sell its automobile parts unit.

November 18, 2008
GovernmentBusinessSafety

FMCSA to Leave Hours-of-Service Rule Unchanged

The Federal Motor Carrier Safety Administration, in a notice to be published in Wednesday鈥檚 Federal Register, said it was making no changes to its controversial hours-of-service rule.

November 18, 2008
FuelBusinessLogisticsGovernment

Diesel Continues to Slide, Dropping 13.5垄 to $2.809

Diesel fuel鈥檚 national average price continued to slide, falling another 13.5 cents to $2.809 a gallon, the Department of Energy said Monday.

November 18, 2008
Business

Volvo鈥檚 October Truck Sales Decline on Slow Demand

Volvo AB said its worldwide truck sales fell 12% in October as demand in the U.S. and Europe slumped, Bloomberg reported Tuesday.

November 18, 2008
BusinessGovernmentSafetyFuel

Obama May Reverse Bush Policy on Denial of Emissions Waiver

Reversing Bush administration policies, including its denial of California鈥檚 request for a waiver allowing the state to regulate automobile greenhouse-gas emissions, could be high on President-elect Barack Obama鈥檚 agenda in January, some observers said.

November 17, 2008
GovernmentBusinessSafetyFuelLogistics

Canadian Report Highlights Biodiesel Concerns

Adding biodiesel to Canada鈥檚 existing fuel storage, blending and distribution infrastructure could spur a host of problems for the country's distillate market, the Canadian Trucking Association said.

November 17, 2008
Business

Waste Management Tests Peterbilt Hydraulic Hybrid Trucks

Trash-hauler Waste Management Inc. is field-testing the first prototype parallel hydraulic hybrid truck to be deployed in waste collection runs, the company said Friday.

November 17, 2008
Business

Kenworth to Cut Wash. Production, Lay Off 400

Kenworth Truck Co. will scale back most of its truck production at its Renton, Wash., plant and lay off more than 400 workers as sales slump, the Seattle Post-Intelligencer reported Saturday.

November 17, 2008
Business

UPS Will Not Forecast Peak Shipping Day

In a switch from previous years, UPS Inc. will not forecast a peak day for holiday shipping this year because the slowing U.S. economy is making such a prediction too difficult, Bloomberg reported Monday.

November 17, 2008
Business

Industrial Production Rises 1.3% in October

U.S. industrial production rose 1.3% in October, the Federal Reserve said Monday.

November 17, 2008