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.

BusinessSafetyGovernment

ISM Services Index Slips Into Contraction

The U.S. economy’s service sector declined in October, the Institute for Supply Management said Wednesday.

November 5, 2008
BusinessSafetyGovernmentFuel

Letters to the Editor: LTL Reweighing; DOE’s Fuel Surveys; TWIC: Why Bother?; Limit Cars, Not Rigs; Goodbye, California

The letter writer who commented on less-than-truckload reweighing in the Oct. 13 issue of Transport Topics  has led a sheltered experience in the trucking industry.

November 5, 2008
Business

Con-way to Close 40 Terminals

Con-way Inc. said it will close 40 truck terminals to streamline its operations and save $30 million to $40 million per year.

November 4, 2008
GovernmentBusinessSafetyLogistics

Expeditors’ 3Q Income Improves

Logistics firm Expeditors International of Washington said its third-quarter net income rose 15% to $85.5 million, or 39 cents a share, from $74.3 million, or 34 cents, a year ago.

November 4, 2008
FuelBusinessLogisticsGovernment

Diesel Falls Another 20¢ to $3.088

Diesel fuel’s national average pump price continued its almost four-month decline, dropping 20 cents to $3.088 a gallon, the Energy Department said Monday.

November 4, 2008
GovernmentBusiness

U.S. Auto Sales Drop Sharply in October

U.S. auto sales fell sharply in October, Bloomberg reported.

November 4, 2008
BusinessGovernmentSafetyFuelTechnologyEquipment

SCR Group Urges Strict Urea Guidelines

When heavy-duty engines with selective catalytic reduction technology start rolling in 2010, truckers refilling their trucks’ urea tanks will need to follow strict guidelines to protect the product’s purity to avoid damaging the aftertreatment system, urea experts said.

November 3, 2008
BusinessEquipment

Paccar Recalls Tractors for Repairs of Caterpillar DPFs

A total of 3,640 tractors manufactured by Paccar Inc. are being recalled because parts on the diesel particulate filter, or DPF, can fail, causing the component to separate from the chassis and fall onto the road.

November 3, 2008
Business

Ontario to Award Grants for Anti-Idling Devices

Ontario trucking companies will be able to apply for provincial grants for anti-idling devices, thanks to a $C15 million program by the provincial government, the Ontario Trucking Association said Monday.

November 3, 2008
BusinessSafetyGovernment

ISM Manufacturing Index Plunges to 26-Year Low

An index of U.S. manufacturing fell to a 26-year low in October, the Institute for Supply Management said Monday.

November 3, 2008