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.

BusinessGovernment

Oil Holds Steady Over $68 a Barrel

Oil held steady near a seven-month high Tuesday, closing the trading day at $68.55 a barrel on the New York Mercantile Exchange, 3 cents below Monday鈥檚 closing price, Bloomberg reported.

June 2, 2009
FuelBusinessLogisticsGovernment

Diesel Rises 7.8垄 to $2.352 a Gallon

Diesel fuel鈥檚 national average price rose 7.8 cents from a week ago to $2.352 a gallon, its highest level this year, the Department of Energy said.

June 2, 2009
GovernmentBusinessFuel

Calif. Program Seeks to Help Truckers with Retrofit Loans

California has set up a loan program for truckers to meet looming stricter emissions requirements next year, but some carriers say the industry is in such a difficult state that they may not last long enough to get the loans, the Santa Cruz (Calif.) Sentinel reported Tuesday.

June 2, 2009
GovernmentBusiness

Nevada Senate Kills Plan to Raise Diesel Tax

A bill that would have added 7 cents to Nevada鈥檚 27.75-cent diesel tax for all vehicles except school buses has died in the state鈥檚 Senate.

June 2, 2009
BusinessFuelGovernment

Air-Weigh Says Its Scales Standard on Kalyn Siebert Trailers

Onboard scale manufacturer Air-Weigh said that Kalyn Siebert, a subsidiary of Heil Trailer International, has made the Air-Weigh鈥檚 trailer scales standard on its heavy-haul trailers.

June 2, 2009
Business

Xata Corp. Offers New Touch Screen

Mobile communications provider Xata Corp. said it is offering a new color touch screen for use with its in-cab computers.

June 2, 2009
BusinessSafetyGovernment

Mexican Trucking Group Suing U.S. for $6 Billion

Mexican trucking companies are suing the United States government for $6 billion over Washington鈥檚 refusal to allow Mexican carriers onto U.S. roads under the North American Free Trade Agreement, Reuters reported.

June 1, 2009
Business

UAW Approves Mack Labor Pact, Volvo Says

Volvo AB said United Auto Workers union employees at its Mack Trucks unit have approved a new 40-month labor agreement.

June 1, 2009
Business

YRC Sells Headquarters in Lease-Back Plan

YRC Worldwide Inc. has sold its Kansas City, Kan., area headquarters to raise cash, but the company will remain at the site in a lease-back plan, the Kansas City Business Journal reported.

June 1, 2009
GovernmentBusinessSafety

New Border-Crossing Rule Takes Effect

A rule requiring U.S. residents to show a passport or other high-tech document to re-enter the country from Canada or Mexico took effect Monday, the Associated Press reported.

June 1, 2009

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