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.

GovernmentBusiness

Consumer Confidence Falls to Record Low in October

Consumer confidence fell to a record low in October as stocks plunged and the credit crisis worsened, the New York-based Conference Board said Tuesday.

October 28, 2008
BusinessSafety

Truck Tonnage Rises 0.8% in September

Truck tonnage rose 0.8% in September from the same month a year ago, American Trucking Associations said late Monday.

October 27, 2008
BusinessSafetyGovernment

Covenant Reports 3Q Loss

Covenant Transportation Group said late Monday it lost $3.4 million, or 24 cents a share, in the third quarter, compared with a loss of $3.6 million, or 25 cents, a year ago.

October 27, 2008
BusinessSafetyGovernment

Covenant Reports 3Q Loss

Covenant Transportation Group said late Monday it lost $3.4 million, or 24 cents a share, in the third quarter, compared with a loss of $3.6 million, or 25 cents, a year ago.

October 27, 2008
BusinessFuel

Volvo Trucks Debuts ‘Fuelwatch’ for Fleets to Chart Performance

GREENSBORO, N.C. — Volvo Trucks North America has launched a program to tap into the stream of data each of its trucks creates to help fleets measure their vehicles’ fuel efficiency performance.

October 27, 2008
BusinessEquipment

UPS to Buy New Hydraulic Hybrid Trucks

UPS Inc. said Monday it will buy seven new hydraulic hybrid vehicles produced by Eaton Corp. and Navistar International Corp.

October 27, 2008
Business

Daimler Sets Month-Long German Production Halt

Daimler AG will close its 14 plants in its home country of Germany for a month starting in December as it slows production because of falling demand for cars and trucks, Bloomberg reported Monday.

October 27, 2008
BusinessGovernment

New 91ÊÓÆµ Sales Rise 2.7% in September

New home sales rose 2.7% in September from a 17-year low the month before, the Commerce Department said Monday.

October 27, 2008
BusinessGovernment

New 91ÊÓÆµ Sales Rise 2.7% in September

New home sales rose 2.7% in September from a 17-year low the month before, the Commerce Department said Monday.

October 27, 2008
GovernmentBusinessSafetyFuel

CARB Diesel Regs Available for Public Comment

The California Air Resources Board has made available for public comment the latest draft version of two regulations that are aimed at cleaning up emissions from the estimated 1 million heavy-duty diesel trucks that operate in California.

October 27, 2008